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RealPage Reaches Settlement with DOJ Over Rent Collusion Case
The company viewed the settlement as a victory. Continue Reading RealPage Reaches Settlement with DOJ Over Rent Collusion Case
RealPage Reaches Settlement with DOJ Over Rent Collusion Case
The company viewed the settlement as a victory. Continue Reading RealPage Reaches Settlement with DOJ Over Rent Collusion Case
Florida Records Surge in Pending Home Sales
Florida recorded 21,798 closed sales of existing single-family homes in August, down 3.9% year-over-year, while existing condo-townhouse sales totaled 7,424, down 6% from one year earlier. According to data from Florida Realtors, new pending sales of single-family...
California Man Sentenced for Belize-Based Real Estate Scam
A California man was sentenced to eight years in prison for coordinating real estate scam in Belize that defrauded hundreds of victims out of approximately $77 million. Newport Beach-based Andris Pukke, who also went by the aliases Marc Romeo and Andy Storm,...
Commercial and Multifamily Mortgage Debt Outstanding Increased During Q2
The level of commercial/multifamily mortgage debt outstanding reached $4.88 trillion by the end of the second quarter, an increase of $47.1 billion (1%) from the first quarter, according to data from the Mortgage Bankers Association (MBA). Multifamily mortgage debt...
NEWS & CURRENT EVENTS
Toronto Realtor Assures Social Media Crowd That He’s Not a Criminal with the Same Name
Zain Merchant added that his employer has also been receiving phone calls from people wondering why they have a criminal on their payroll. Continue Reading Toronto Realtor Assures Social Media Crowd That He’s Not a Criminal with the Same Name
MaestroX Debuts Document Platform for Title Searches
The platform provides direct integrations into title production software including SoftPro and Ramquest. Continue Reading MaestroX Debuts Document Platform for Title Searches
New York State Median Home Sale Price Breaks Record High
Closed sales were down from 10,286 homes last year to 10,046 last month, a 2.3% decline. Continue Reading New York State Median Home Sale Price Breaks Record High
A Phil Hall Op-Ed: Mr. Pulte, You’re Not Doing Your Job
A consideration of the FHFA director’s recent antics. Continue Reading A Phil Hall Op-Ed: Mr. Pulte, You’re Not Doing Your Job
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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.
NAR’s Pending Home Sales Index Sinks to All-Time Low
The Pending Home Sales Index tumbled by 4.6% to 70.6, an all-time low. Continue Reading NAR’s Pending Home Sales Index Sinks to All-Time Low
Trump Sets April 14 Deadline for Agencies to Submit Office Relocation Plans
The impact of forcing the relocation of federal workers out of the Washington market is unclear. Continue Reading Trump Sets April 14 Deadline for Agencies to Submit Office Relocation Plans
Carter Multifamily Pays $37.7 Million for Community in Florida’s Space Coast
The property was formerly known as The Palm Bay Grand and will be rebranded to Mode at Melbourne. Continue Reading Carter Multifamily Pays $37.7 Million for Community in Florida’s Space Coast
Q4 Lending Down While Refinance Activity Rises
Lenders issued $568 billion worth of residential mortgages in the fourth quarter. Continue Reading Q4 Lending Down While Refinance Activity Rises
Urban League Leader Calls for GSE Privatization
Marc Morial predicted that ending the GSEs’ federal conservatorship could lead to more affordable homeownership and rental housing opportunities. Continue Reading Urban League Leader Calls for GSE Privatization
HUD Rescinds Obama-Era Fair Housing Rule
he first Trump administration terminated the AFFH rule in 2020 by claiming it “proved to be costly, complicated, and ineffective.” Continue Reading HUD Rescinds Obama-Era Fair Housing Rule
CBRE in Partnership on Electric Vehicle Charger Installations
CBRE will help match 3V with multifamily properties looking to provide residents with an EV charging amenity. Continue Reading CBRE in Partnership on Electric Vehicle Charger Installations
Virginia Home Sales Up 1.8%
Virginia’s statewide median sales price was $399,000 in January, up more than $27,000 since the same time last year, a 7.3% increase. Continue Reading Virginia Home Sales Up 1.8%
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
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