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FHFA Announces 2026 Multifamily Loan Caps
Bob Broeksmit, president and CEO of the Mortgage Bankers Association, welcomed the news. Continue Reading FHFA Announces 2026 Multifamily Loan Caps
FHFA Announces 2026 Multifamily Loan Caps
Bob Broeksmit, president and CEO of the Mortgage Bankers Association, welcomed the news. Continue Reading FHFA Announces 2026 Multifamily Loan Caps
Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
A former Calgary realtor who acknowledged running a Ponzi scheme that defrauded dozens of people out of more than $3.5 million has been banned for life from working in Alberta’s real estate industry. The Calgary Herald reports Eric Drinkwater received his permanent...
Virginia Home Sales Hold Steady Amid Surge in New Listings
A total of 9,423 homes were sold statewide in Virginia during August just 15 more than one year before, marking a scant 0.2% uptick. According to data from Virginia Realtors, August also saw 24,606 active listings statewide, a 26.2% surge from last year. Nearly 13,000...
Forecast Warns of 10% Spike in Electric Heating Costs This Winter
Households that heat their residences with electricity could see a 10.2% increase in their winter heating bills to an average of $1,205 this year, up from $1,093 last winter. According to a forecast from the National Energy Assistance Directors Association (NEADA),...
NEWS & CURRENT EVENTS
Pittsburgh Universities Put Students in Hotels as Enrollment Overwhelms Dorm Availability
University of Pittsburgh is placing 250 students in a Hampton Inn while Point Park University is housing 90 students at a Wyndham Grand. Continue Reading Pittsburgh Universities Put Students in Hotels as Enrollment Overwhelms Dorm Availability
Trump on Fed Governor Accused of Mortgage Fraud: ‘I’ll Fire Her if She Doesn’t Resign’
There is no precedent for president firing a Federal Reserve governor. Continue Reading Trump on Fed Governor Accused of Mortgage Fraud: ‘I’ll Fire Her if She Doesn’t Resign’
Virginia Home Sales Up 2.4%
The statewide median sales price in July was $435,000, a $9,000 increase for a 2.1% year-over-year bump-up. Continue Reading Virginia Home Sales Up 2.4%
Construction Costs on New Las Vegas Baseball Stadium Rises to $2 Billion
The new stadium will receive $350 million in public financing, with the team absorbing the remaining costs on the project. Continue Reading Construction Costs on New Las Vegas Baseball Stadium Rises to $2 Billion
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Report: 1 in 7 Pending Home Sales Were Canceled in January
Atlanta leads the nation in canceled deals, with one in five (19.8%) of January’s pending home sales falling apart. Continue Reading Report: 1 in 7 Pending Home Sales Were Canceled in January
La Rosa Holdings Begins Global Expansion with New Presence in Spain
Joaquín Nuevo Alarcón previously led a 500-agent team as a director at eXp Realty in Spain. Continue Reading La Rosa Holdings Begins Global Expansion with New Presence in Spain
Under Armour CEO Lists Maryland Equestrian Estate for $22 Million
The estate includes a 16,000-square-foot, six-bedroom main residence built in 1995. Continue Reading Under Armour CEO Lists Maryland Equestrian Estate for $22 Million
LeFrak Names First Non-Family Executive in 120 Years
Silfen was previously a senior managing director in charge of acquisitions and capital markets. Continue Reading LeFrak Names First Non-Family Executive in 120 Years
Ginnie Mae MBS Portfolio Reached $2.71 Trillion in January
Ginnie Mae issued $39.8 billion in total MBS last month, resulting in a net portfolio growth of $16.7 billion. Continue Reading Ginnie Mae MBS Portfolio Reached $2.71 Trillion in January
NAHB Elects Buddy Hughes as 2025 Chairman
Hughes has been a member of the NAHB board of directors for more than 20 years. Continue Reading NAHB Elects Buddy Hughes as 2025 Chairman
Florida Real Estate Agent Sentenced for Five Years of Tax Evasion
Sedita Charles Cayson was found guilty last month by a federal judge of five counts of willfully failing to file his income tax returns. Continue Reading Florida Real Estate Agent Sentenced for Five Years of Tax Evasion
CFPB Drops Enforcement Action Against Four Companies
Last week, the agency dismissed an enforcement its case against the fintech lender SoLo Funds. Continue Reading CFPB Drops Enforcement Action Against Four Companies
Trump’s Picks to Run FHFA, CFPB Pledge Agency Reform
While noting the need for consumer protection, McKernan stressed the CFPB had issues that needed to be addressed. Continue Reading Trump’s Picks to Run FHFA, CFPB Pledge Agency Reform
Mortgage Rates Decline Again
The 30-year fixed-rate mortgage averaged 6.76% as of Feb. 27. Continue Reading Mortgage Rates Decline Again
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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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