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Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
Report: Housing Affordability at Best Level Since Early 2023
Home affordability has reached its best level since early 2023 thanks to easing mortgage rates, according to ICE Mortgage Technology’s October ICE Mortgage Monitor Report. The new report cited 30-year mortgage rates averaging 6.26% in mid-September while the monthly...
First Residential Independent Mortgage, a New Lender, Begins Operations
Mortgage Research Center, LLC, the parent company of Veterans United Home Loans, has launched First Residential Independent Mortgage, a full-service mortgage lender. Headquartered in Springfield, Missouri, First Residential Independent Mortgage will specialize in...
KB Home Unveils New Seattle-Area Community
KB Home (NYSE: KBH), announced the grand opening of Greenleaf Grove, its new cul-de-sac community in the Seattle metro area city of Bothell, Washington. The community’s homes feature two-story floor plans offering up to six bedrooms and three-and-a-half bathrooms....
NEWS & CURRENT EVENTS
California Leads Nation with Most Q2 At-Risk Housing Markets
In 19% (111) of the 579 counties with sufficient data to analyze, residents needed to spend at least half of their annualized wages to purchase and maintain a home in the second quarter. Continue Reading California Leads Nation with Most Q2 At-Risk Housing Markets
FHFA’s Pulte: ‘Jay Powell Doesn’t Like Our President’
Pulte refused to answer questions on the mortgage fraud allegations raised against Trump ally Ken Paxton. Continue Reading FHFA’s Pulte: ‘Jay Powell Doesn’t Like Our President’
74-Year-Old Florida Man Arrested in Real Estate Investment Fraud Scheme
This is not the first time that Jerald Benjamin Clawson ran afoul of the law. Continue Reading 74-Year-Old Florida Man Arrested in Real Estate Investment Fraud Scheme
Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
The governor established an annual Maryland Housing Leadership Awards to recognize jurisdictions that make progress on their housing development goals. The Continue Reading Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
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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.
Guest Opinion: Expanding Opportunities for the Construction of Starter Homes and Workforce Housing
Outdated land use and building regulations contribute significantly to the undersupply of housing and housing affordability challenges. Continue Reading Guest Opinion: Expanding Opportunities for the Construction of Starter Homes and Workforce Housing
Zillow: Late May is the Best Time to List a Home
Zillow noted the best time for listings varies among markets. Continue Reading Zillow: Late May is the Best Time to List a Home
Toronto Area Home Sales Down 27.4% Year-Over-Year
The average selling price at $1.08 million was down by 2.2% over the same period. Continue Reading Toronto Area Home Sales Down 27.4% Year-Over-Year
Alpha Residential to Launch 352-Unit Community in Pittsburgh Area
The development will be located 13 miles from downtown Pittsburgh. Continue Reading Alpha Residential to Launch 352-Unit Community in Pittsburgh Area
FHA Union Claims Workplace Layoffs are Imminent
Antonio Gaines said it was uncertain how many FHA workers would be laid off Continue Reading FHA Union Claims Workplace Layoffs are Imminent
Shant Banosian Named President of Rate Mortgage
Banosian joined the company (formerly Guaranteed Rate) in 2007 and was most recently executive vice president for sales. Continue Reading Shant Banosian Named President of Rate Mortgage
Ohio Real Estate Agent Fired After Leaving Hateful Message on Mexican Restaurant Receipt
Stephanie Lovins wrote “I hope Trump deports you!!!” on the receipt. Continue Reading Ohio Real Estate Agent Fired After Leaving Hateful Message on Mexican Restaurant Receipt
GSA Identifies 440 Federal Buildings as ‘Non-Core Assets’
The properties encompass nearly 80 million rentable square feet across the nation with over $8.3 billion in recapitalization needs. Continue Reading GSA Identifies 440 Federal Buildings as ‘Non-Core Assets’
Refinancing Fuels 20.4% Upswing in Mortgage Application Activity
The seasonally adjusted Purchase Index increased 9% from one week earlier. Continue Reading Refinancing Fuels 20.4% Upswing in Mortgage Application Activity
FCP Acquires 400-Unit Florida Multifamily Community
Built in 1998, the property has a 94% occupancy rate and offers an array of amenities including a swimming pool, clubhouse, and fitness center. Continue Reading FCP Acquires 400-Unit Florida Multifamily Community
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