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New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
Hospitality at Work Acquires Vector Property Services
Hospitality at Work, a manager of office and mixed-use properties and a subsidiary of the real estate developer and investor Lowe, has acquired Vector Property Services, a Denver-based company with over 2.5 million square feet of institutional property under...
Mortgage Rates Go Into Decline
After rising for two weeks, mortgage rates reversed course and declined in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9, down from last week when it averaged 6.34%. A year...
St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
A new report published by the St. Louis Realtors Association has defined the racial disparities that continue to impact the regional housing market. The report, titled "Reimagining St. Louis: A Data-Driven Plan for Fair Homeownership," analyzed 75,000 home purchases...
NEWS & CURRENT EVENTS
Report: Bill Pulte’s Father and Stepmother Claimed Primary Residence on 2 Different Homes
Tax officials in Bloomfield Township, Michigan, said the Pultes’ exemption was being immediately revoked. Continue Reading Report: Bill Pulte’s Father and Stepmother Claimed Primary Residence on 2 Different Homes
California Construction Firm CEO Arrested on Loan Fraud Charges
If convicted, Joey Wayne Mackey faces a maximum statutory penalty of 30 years in prison and a $1 million fine. Continue Reading California Construction Firm CEO Arrested on Loan Fraud Charges
National Average for Apartment Rents Down Slightly in August
This marks the second consecutive month of flat or negative monthly rent change. Continue Reading National Average for Apartment Rents Down Slightly in August
TVA in Collaboration to Build 6 Nuclear Plants for 6 GW of Power Across 7 States
The new collaboration is designed to provide enough energy to power the equivalent of approximately 4.5 million homes or 60 new data centers. Continue Reading TVA in Collaboration to Build 6 Nuclear Plants for 6 GW of Power Across 7 States
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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.
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
BGIS CEO Gordon Hicks Awarded the King Charles III Coronation Medal
The medal celebrates Canadians who have made a significant contribution to Canada or an outstanding achievement abroad that brings credit to Canada. Continue Reading BGIS CEO Gordon Hicks Awarded the King Charles III Coronation Medal
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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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