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New Data Points to Deceleration in Home Prices
Chicago, New York and Boston reported the highest year-over-year gains with year-over-year price increases of 5.5%, 5.2% and 4.1%, respectively. Continue Reading New Data Points to Deceleration in Home Prices
New Data Points to Deceleration in Home Prices
Chicago, New York and Boston reported the highest year-over-year gains with year-over-year price increases of 5.5%, 5.2% and 4.1%, respectively. Continue Reading New Data Points to Deceleration in Home Prices
Trump Files Emergency Request with Supreme Court to Fire Lisa Cook
The Trump administration has made an emergency request to the US Supreme Court to decide whether he has the authority to fire Federal Reserve Gov. Lisa Cook. The request follows an appeals court decision on Monday that rejected Trump’s efforts to fire Cook ahead of...
Q2 Home Flipping Profit Margins Drop to 17-Year Low
A total of 78,621 single-family homes and condominiums were flipped in the second quarter, accounting for 7.4% of home sales during that three-month period. According to data from ATTOM, the second quarter’s activity was down from the first quarter when flipped homes...
Rithm Capital Buys Paramount Group for $1.6 Billion
Rithm Capital Corp., a global alternative asset manager, announced its $1.6 billion acquisition of Paramount Group Inc. (NYSE: PGRE), a real estate investment trust focused on Class A office properties in New York City and San Francisco. The transaction values New...
NEWS & CURRENT EVENTS
Mortgage Rates at 10-Month Low
“Purchase application activity is improving as borrowers take advantage of the decline in mortgage rates,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates at 10-Month Low
Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
“I didn’t tell the Fed what to do,” Bessent said. Continue Reading Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Most of the international buyers of Texas houses came from Mexico (30%), followed by Canada and China (each at 8%), India (7%), and Nigeria (6%). T Continue Reading Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Q2 Mortgage Delinquency Rate Down Slightly
The delinquency rate was down 11 basis points from the first quarter and down 4 basis points from the second quarter of 2024. Continue Reading Q2 Mortgage Delinquency Rate Down Slightly
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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.
Rhino Investments Acquires Albuquerque Shopping Center
The financial aspects of the transaction were not disclosed. Continue Reading Rhino Investments Acquires Albuquerque Shopping Center
Elon Musk’s DOGE Terminates Leases on 22 Federal Properties
The locations of the buildings where the leases were terminated were not disclosed. Continue Reading Elon Musk’s DOGE Terminates Leases on 22 Federal Properties
Did Luka Doncic Buy a $15 Million Home Before He Was Traded?
Doncic did not comment on the real estate aspect of his trade from Dallas. Continue Reading Did Luka Doncic Buy a $15 Million Home Before He Was Traded?
State Farm Seeks 22% Emergency Interim Rate Hike in California
The California Insurance Commission said the request raised “serious questions about its financial condition.” Continue Reading State Farm Seeks 22% Emergency Interim Rate Hike in California
Ground Broken for 576-Unit Multifamily Community in Sacramento
The development is part of the larger Delta Shores master-planned community. Continue Reading Ground Broken for 576-Unit Multifamily Community in Sacramento
Study: Average Q4 Buyer’s Agent Commission Was 2.37%
The average buyer’s agent commission was 2.17% for homes that sold for $1 million or more. Continue Reading Study: Average Q4 Buyer’s Agent Commission Was 2.37%
A Phil Hall Op-Ed: Will Climate Change Erase $1.5 Trillion in Home Values by 2055?
Editor Phil Hall opines about a new report that predicts weather and housing market trends 30 years from now. Continue Reading A Phil Hall Op-Ed: Will Climate Change Erase $1.5 Trillion in Home Values by 2055?
Tennessee Bill Seeks to Limit Contact by Developers Making Unsolicited Calls to Buy Homes
“People who have lived in their homes for decades are now being harassed by out-of-state developers to purchase their property for a quick buck,” said Sen. Charlane Oliver. Continue Reading Tennessee Bill Seeks to Limit Contact by Developers Making Unsolicited Calls to Buy Homes
New York State Bill Seeks to Codify Disparate Impact Standards
The bill is being publicly backed by Rev. Al Sharpton, who highlighted the legislation at last week’s rally for his National Action Network in Harlem. Continue Reading New York State Bill Seeks to Codify Disparate Impact Standards
California Mortgage Firm President Arrested for DUI Collision That Killed 88-Year-Old Man
Melvin Joseph Weibel, the 88-year-old passenger in the Ford Transit van, was pronounced dead at the scene. Continue Reading California Mortgage Firm President Arrested for DUI Collision That Killed 88-Year-Old Man
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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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