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Report: Nationwide Mortgage Delinquency Rate at 4-Year High
609,000 borrowers who were current on payments in October became delinquent in November, marking the largest single-month inflow since May 2020. Continue Reading Report: Nationwide Mortgage Delinquency Rate at 4-Year High
Report: Nationwide Mortgage Delinquency Rate at 4-Year High
609,000 borrowers who were current on payments in October became delinquent in November, marking the largest single-month inflow since May 2020. Continue Reading Report: Nationwide Mortgage Delinquency Rate at 4-Year High
Vermont Governor Seeks to Use State Surplus Revenue to Cut Proposed Property Tax Hike
Vermont Gov. Phil Scott is seeking to use surplus state funds to reduce a projected 12% property tax hike slated for 2026, but the Republican governor is getting pushback from some Democratic legislators over his plan. Vermont Public reports Scott’s administration...
Brazil to Conduct Real Estate Auction Using Blockchain Technology
Brazil will conduct its first public real estate auction using blockchain technology. Convergencia Digital reports the Court of Auditors of São Paulo (TCE-SP) will sell off 10 warehouses, with every document and photograph involved in the process to be timestamped and...
Mark E. Patten to Become CFO at Sun Communities
Sun Communities Inc. (NYSE: SUI), a Southfield, Michigan-headquartered real estate investment trust that owns and operates manufactured housing and recreational vehicle communities, announced the appointment of Mark E. Patten as chief financial officer (CFO),...
NEWS & CURRENT EVENTS
Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
There has been no official announcement from Fannie Mae on the relocation. Continue Reading Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
Canadian Rental Housing Vacancy Rate at 3.1%
Toronto’s purpose-built apartment vacancy rate hit 3% for the first time since the pandemic. Continue Reading Canadian Rental Housing Vacancy Rate at 3.1%
Flournoy Development Group to Launch Apartment-Townhome Community in Georgia
A new thoroughfare is planned to run directly from the community into downtown Villa Rica. Continue Reading Flournoy Development Group to Launch Apartment-Townhome Community in Georgia
MBA Chief Supports Trump Executive Order on AI
“Technology does not stop at a state border,” said MBA’s Bob Broeksmit. Continue Reading MBA Chief Supports Trump Executive Order on AI
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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.
Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
The 1.5 million-square-foot mall was foreclosed on last week, selling for $134 million. Continue Reading Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46
Prior to his career in real estate, he was a sports reporter for the Washington Post. Continue Reading Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46
Leadership Shift at Brixmor Property Group
Brian T. Finnegan, the company’s president and chief operating officer, will succeed Taylor. Continue Reading Leadership Shift at Brixmor Property Group
Judge Dismisses Mortgage Fraud Case Against Letitia James
The judge ruled prosecutor Lindsey Halligan was not eligible to pursue the case. Continue Reading Judge Dismisses Mortgage Fraud Case Against Letitia James
MBA Chief Calls for Federal Probe into Price Hikes on Credit Reporting Products
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...
Investor James Fishback Announces Bid for Governor of Florida with Pledge to End Property Taxes
Rep. Byron Donalds has been endorsed for the GOP nomination by Trump. Continue Reading Investor James Fishback Announces Bid for Governor of Florida with Pledge to End Property Taxes
Ex-Realtor Association CEO Arrested on Grand Theft Charges
Jennifer Garula-Mers cost EPCAR a total loss of $81,453.92. Continue Reading Ex-Realtor Association CEO Arrested on Grand Theft Charges
A Pair of San Francisco Hotels Sold at Steep Discount
The hotels account for nearly 10% of San Francisco’s lodging units. Continue Reading A Pair of San Francisco Hotels Sold at Steep Discount
SITE Centers Corp. Sells 5 Retail Plazas
The company did not identify the buyers of the properties. Continue Reading SITE Centers Corp. Sells 5 Retail Plazas
New Initiative Seeks to Eliminate Property Taxes in Oklahoma
The measure’s proponents are seeking to have it included on the November 2026 ballot. Continue Reading New Initiative Seeks to Eliminate Property Taxes in Oklahoma
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