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Foreclosure Activity Up Annually for Ninth Straight Month
Nationwide, one in every 3,992 housing units had a foreclosure filing in November. Continue Reading Foreclosure Activity Up Annually for Ninth Straight Month
Foreclosure Activity Up Annually for Ninth Straight Month
Nationwide, one in every 3,992 housing units had a foreclosure filing in November. Continue Reading Foreclosure Activity Up Annually for Ninth Straight Month
eXp Realty Launches UK Commercial Division
eXp Realty, a subsidiary of eXp World Holdings, Inc. (NASDAQ: EXPI), has announced the launch of eXp UK Commercial, expanding the company’s commercial real estate capabilities into the UK property market. According to the company, eXp Realty now has the first...
Mortgage Application Activity Slows Down Again
Mortgage application activity trended downward during the week ending Oct. 3, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 4.7% on a seasonally adjusted...
Lincoln Property Company Acquires BL Mosher Consulting
Dallas-headquartered Lincoln Property Company has acquired BL Mosher Consulting, a construction project management firm. Founded in 2008 and based in Topsfield, Massachusetts, BL Mosher Consulting delivers real estate projects across North America, managing every...
NEWS & CURRENT EVENTS
Edmonton Duo Charged with Real Estate Investing Scam
Yuvraj Verma and Rohit Sethi used several corporations to raise approximately $6.8 million from investors for an Edmonton-based real estate project. Continue Reading Edmonton Duo Charged with Real Estate Investing Scam
Report: Bessent Curses and Threatens Pulte During DC Private Party
Ultimately, there was no violence – Bessent and Pulte were seated at opposite ends of the dinner table and there was no further disruption. Continue Reading Report: Bessent Curses and Threatens Pulte During DC Private Party
Property Insurance Costs Grow 11.3%
California saw the largest increases in the first half of the year, with premiums in Los Angeles up 9% in six months and 19.5% year-over-year. Continue Reading Property Insurance Costs Grow 11.3%
Black Homeownership Rate Drops to 4-Year Low
The homeownership rate decline occurred as the Black unemployment rate reached 7.2% as of July, up from 6.3% one year before and the highest level since October 2021. Continue Reading Black Homeownership Rate Drops to 4-Year Low
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
New Rental Home Community Opening in Phoenix
Rents start at $2,710 per month. Continue Reading New Rental Home Community Opening in Phoenix
Wyoming Legislature Session Ends Without Passing Housing-Related Bills
Sen. Stacy Jones, a former real estate broker, said, “We ran out of time.” Continue Reading Wyoming Legislature Session Ends Without Passing Housing-Related Bills
Radian Issues $1 Million Credit Line to Fund Affordable Housing in Philadelphia
“Philadelphia is facing a housing shortage that has eroded affordability,” said Radian CEO Rick Thornberry. Continue Reading Radian Issues $1 Million Credit Line to Fund Affordable Housing in Philadelphia
Survey: 1 in 4 Americans Want to Move Abroad Because of Trump
Among those considering relocation, Canada and the UK are the most sought-after destinations Continue Reading Survey: 1 in 4 Americans Want to Move Abroad Because of Trump
Sharp Drop in Canadian Home Sales Blamed on Tariff Concerns
The national average sale price of $668,097 was down 3.3% from $690,903 in February 2024. Continue Reading Sharp Drop in Canadian Home Sales Blamed on Tariff Concerns
KV Debuts New Fund Focused on Western Canadian Real Estate Market
Eligible and accredited investors can subscribe to the KV Building Products Access Fund LP through their investment advisors. Continue Reading KV Debuts New Fund Focused on Western Canadian Real Estate Market
Retailer Forever 21 Files for Bankruptcy
The Forever 21 trademark and intellectual property are owned by Authentic Brands, which licenses them to F21 OpCo. Continue Reading Retailer Forever 21 Files for Bankruptcy
HUD and Interior Team to Identify Federal Lands for Developing Affordable Housing
20% of the nation’s landmass is owned by the Department of Interior. Continue Reading HUD and Interior Team to Identify Federal Lands for Developing Affordable Housing
Tariff Agita Drives Down Builder Confidence Levels
“Construction firms are facing added cost pressures from tariffs,” said NAHB Chief Economist Robert Dietz. Continue Reading Tariff Agita Drives Down Builder Confidence Levels
NAR: Black Homeownership Rate Rising, But Still Below Other Demographics
The overall US homeownership rate was higher in 2023 (65.2%) than a decade ago (63.5% in 2013). Continue Reading NAR: Black Homeownership Rate Rising, But Still Below Other Demographics
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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