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Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
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...
Michael Bailey Promoted to CEO at Zeman Homes
Zeman Homes, the Chicago-headquartered owner-operator of manufactured home communities, has promoted Executive Vice President Michael Bailey to CEO. Bailey will replace interim CEO Jeff Fannon, who returns to his previous post as vice chairman. Prior to joining Zeman...
Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes
Homes that are listed as fixer-uppers receive 52% more page views per property than comparable older, affordable homes, according to a data analysis report by Realtor.com. The typical fixer-upper has three bedrooms, two bathrooms and was built in 1958. These homes had...
NEWS & CURRENT EVENTS
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.58% as of Aug. 21. Continue Reading Mortgage Rates Remain Flat
Ben Sizemore Named Chief Information Officer at Land Gorilla
Sizemore previously served as chief technology officer at Bayview Loans and Lakeview Loan Servicing. Continue Reading Ben Sizemore Named Chief Information Officer at Land Gorilla
Appeals Court Voids $524 Million Penalty in Trump Fraud Case
The president declared “total victory.” Continue Reading Appeals Court Voids $524 Million Penalty in Trump Fraud Case
How Sweet It Is! Jackie Gleason’s UFO-Inspired Home Listed for $5.5 Million
Completed in 1959 and nicknamed “The Mothership,” the 7,000-square-foot roundhouse design took five years to construct with a no-expense-spared budget. Continue Reading How Sweet It Is! Jackie Gleason’s UFO-Inspired Home Listed for $5.5 Million
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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.
A Phil Hall Op-Ed: 60 Minutes vs. DOGE vs. CFPB
Editor Phil Hall dissects a “60 Minutes” piece on the state of the CFPB. Continue Reading A Phil Hall Op-Ed: 60 Minutes vs. DOGE vs. CFPB
Craft Retailer Jo-Ann to Close All 800 Stores
On Feb. 12, the company stated it would close 500 stores. Continue Reading Craft Retailer Jo-Ann to Close All 800 Stores
Blackstone Pays $5.65 Billion for Safe Harbor Marinas
Sun Communities acquired Safe Harbor Marinas in September 2020 for $2.11 billion. Continue Reading Blackstone Pays $5.65 Billion for Safe Harbor Marinas
New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
The average loan size for new homes increased from $400,930 in December to $403,416 in January. Continue Reading New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
TECfusions Acquires 73 Acres for Virginia Data Center Expansion
The financial aspects of the acquisition were not disclosed Continue Reading TECfusions Acquires 73 Acres for Virginia Data Center Expansion
Apollo Global Management Acquires Bridge Investment Group Holdings for $1.5 Billion
Bridge Executive Chairman Bob Morse will become an Apollo partner and lead Apollo’s real estate equity franchise. Continue Reading Apollo Global Management Acquires Bridge Investment Group Holdings for $1.5 Billion
AI-Produced Video of Trump Kissing Musk’s Feet Broadcast at HUD HQ
HUD spokesperson Kasey Lovett said in a statement, “Another waste of taxpayer dollars and resources. Appropriate action will be taken for all involved.” Continue Reading AI-Produced Video of Trump Kissing Musk’s Feet Broadcast at HUD HQ
Newsom Asks Congress for $40 Billion for Wildfire Recovery Aid
“Make no mistake, Los Angeles will use this money wisely,” Newsom stated. Continue Reading Newsom Asks Congress for $40 Billion for Wildfire Recovery Aid
Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop
The statewide inventory in January for existing single-family homes was up year-over-year by 31.3% and up 39.3% for condo-townhouse units. Continue Reading Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop
New York State Home Sales Up for Second Straight Month
Median sales prices swelled by 10.5% to $420,000 from $380,000 one year earlier. Continue Reading New York State Home Sales Up for Second Straight Month
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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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