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Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
In majority-white areas, 7.9% of homes for sale within MRED were listed privately. In predominantly minority areas, that share was 3.4%. Continue Reading Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
In majority-white areas, 7.9% of homes for sale within MRED were listed privately. In predominantly minority areas, that share was 3.4%. Continue Reading Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
Refinancing Action Fuels 30% Surge in Mortgage Application Activity
Mortgage application activity surged during the week ending Sept. 12 thanks to an upswing in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, spiked by 29.7%...
Single-Family Housing Starts Down by 7%
Single-family housing starts in August were at a rate of 890,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This marked a 7% drop from the revised July figure of 957,000. Privately-owned housing starts in August...
Congressional Real Estate Caucus Introduces Bill to Address Housing Affordability
The leadership of the Congressional Real Estate Caucus have introduced a new bill that seeks to address the nation’s housing affordability challenges. The bipartisan Saving the American Dream Act will create an interagency task force to confront issues including...
NEWS & CURRENT EVENTS
Minneapolis Mayor Proposes 7.8% Property Tax Hike for 2026
“This is not an austerity budget – this is a recalibration,” said Frey, who is running for re-election this fall. Continue Reading Minneapolis Mayor Proposes 7.8% Property Tax Hike for 2026
$110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
The Spelling Manor’s $110 million sale price was far greater than the runner-up on the list, a $51 million transaction in Delray Beach, Florida. Continue Reading $110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
Sandra Howard Named Chief Marketing Officer at Keller Williams
“People don’t choose brands they know; they choose the ones that choose them back,” said Howard. Continue Reading Sandra Howard Named Chief Marketing Officer at Keller Williams
Treasury Secretary Bessent Calls on Fed to Make a 50 Basis Point Rate Cut in September
Bessent added cuts could have occurred if the Fed officials had access to revised labor market data. Continue Reading Treasury Secretary Bessent Calls on Fed to Make a 50 Basis Point Rate Cut in September
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Developer Tries to Stop Historic Designation on Shuttered Pittsburgh Gay Bar
“There is nothing historic or significant about this property,” said attorney Jonathan Kamin. Continue Reading Developer Tries to Stop Historic Designation on Shuttered Pittsburgh Gay Bar
Bank of England Announces Rate Cut
The central bank’s Monetary Policy Committee voted 7-2 to reduce Bank Rate by 0.25 percentage points, to 4.5%. Continue Reading Bank of England Announces Rate Cut
Canadian Home Sales and Prices Forecast to Rebound in Next 2 Years
As for rental housing CMHC noted that supply began to accelerate in 2024, but affordability was often elusive. Continue Reading Canadian Home Sales and Prices Forecast to Rebound in Next 2 Years
Rhode Island Town Uses Eminent Domain to Seize Property Planned for Affordable Housing
The property’s owner was unaware of the town’s action until it was announced online. Continue Reading Rhode Island Town Uses Eminent Domain to Seize Property Planned for Affordable Housing
loanDepot and Onx Homes Announce New Joint Venture
The companies did not announce the leadership for Onx X+ Mortgage. Continue Reading loanDepot and Onx Homes Announce New Joint Venture
FDIC: ‘Actively Reevaluating’ Cryptocurrency Supervision of Banks
The regulator foresees “a pathway for institutions to engage in crypto- and blockchain-related activities.”
Continue Reading FDIC: ‘Actively Reevaluating’ Cryptocurrency Supervision of Banks
Senate Confirms Scott Turner as HUD Secretary
The 52-year-old Turner is the first HUD Secretary who comes from a private sector real estate background. Continue Reading Senate Confirms Scott Turner as HUD Secretary
Texas-Based MLS to Enable Non-Realtor Access
NAR did not immediately comment on Unlock MLS’ announcement. Continue Reading Texas-Based MLS to Enable Non-Realtor Access
Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
All the merchandise in the stores is on sale at up to 40% off. Continue Reading Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
Mortgage Application Activity Heats Up
The refinance share of mortgage activity increased to 39.0% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity Heats Up
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