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Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20. Continue Reading Mortgage Rates Inch Up Slightly
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20. Continue Reading Mortgage Rates Inch Up Slightly
Katie Keenan Named CEO at Blackstone Real Estate Income Trust
Blackstone (NYSE: BX) announced the appointment of Katie Keenan as CEO and a director of Blackstone Real Estate Income Trust Inc. (BREIT) and global head of the Core+ Real Estate business. She succeeds Wesley M. LePatner, who served in both roles until she was...
Report: Prosecutors Balking at Trump-Pulte Demands to Indict Letitia James for Mortgage Fraud
The Trump administration is putting pressure on federal prosecutors in Virginia to proceed with a mortgage fraud case against New York Attorney General Letitia Grant, but the prosecutors are pushing by citing a lack of sufficient evidence to proceed with the case....
Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
Hispanic homeowners are increasingly using short-term rentals of their residences to generate income, according to a new survey conducted by the Hispanic Wealth Project and Airbnb (NASDAQ: ABNB). More than 70% of the survey’s Hispanic respondents said short-term...
NEWS & CURRENT EVENTS
Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations
Last month, President Trump accused Schiff of mortgage fraud while the lawmaker was a member of the House of Representatives. Continue Reading Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations
Mortgage Application Activity Down Slightly
Among the federal program, the FHA share of total applications increased to 19.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Down Slightly
The Best Housing Markets? Two New Data Reports Offer Different Opinions
Realtor.com and WalletHub offer rival data reports. Continue Reading The Best Housing Markets? Two New Data Reports Offer Different Opinions
Kentucky Home Sales Up During July
July’s median sales price of $279,900 marked a 1.81% decline from June, but it was also 5.6% higher than July 2024’s price. Continue Reading Kentucky Home Sales Up During July
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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.
Rep. Maxine Waters Demands Emergency Hearing Over HUD Layoffs
Waters wants HUD Secretary Scott Turner to explain the workforce reductions. Continue Reading Rep. Maxine Waters Demands Emergency Hearing Over HUD Layoffs
Blend Launches Rapid Home Lending, Focused on Refinance and Home Equity Lending
Blend Labs said that early results of the product’s testing reduced the traditional 30-45 day home equity process to 5-10 days. Continue Reading Blend Launches Rapid Home Lending, Focused on Refinance and Home Equity Lending
Sean Coghlan Named Head of Investor Relations at JLL
Coghlan previously led the company’s global research and strategy for capital markets. Continue Reading Sean Coghlan Named Head of Investor Relations at JLL
New Single-Family Home Sales Sank in January
The median sales price of new houses sold last month was $446,300 while the average sales price was $510,000. Continue Reading New Single-Family Home Sales Sank in January
Missouri Woman Pleads Guilty to Graceland Foreclosure Scheme
Lisa Jeanine Findley, who was arrested last August, entered her guilty plea in a Memphis federal court. Continue Reading Missouri Woman Pleads Guilty to Graceland Foreclosure Scheme
Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community
District South will be located on a 21-acre site and will feature 365 multifamily units, 90 for-rent townhomes, six carriage homes, and 13 retail spaces. Continue Reading Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community
Mortgage Application Activity Slows Down
The Refinance Index decreased 4% from the previous week and was 45% higher than the same week one year ago. Continue Reading Mortgage Application Activity Slows Down
Georgia Home Sales Up 2% from Last Year
The median sales price increased by 3% to $349,900 while the average sales price rose by 6% to $426,710. Continue Reading Georgia Home Sales Up 2% from Last Year
Report: 13% of GSA’s Real Estate Shop Workforce Takes Deferred Resignation Offer
The departures do not include employees in their probationary period that were recently fired by the GSA. Continue Reading Report: 13% of GSA’s Real Estate Shop Workforce Takes Deferred Resignation Offer
Invitation Homes Promotes Timothy J. Lobner to Chief Operating Officer
Before beginning his real estate career, Lobner served as a nuclear submarine officer in the United States Navy from 1999 to 2005. Continue Reading Invitation Homes Promotes Timothy J. Lobner to Chief Operating Officer
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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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