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Apartment-Hotel Brand Sonder to Shut Down
Sonder properties were based in 37 cities across nine countries. Continue Reading Apartment-Hotel Brand Sonder to Shut Down
Apartment-Hotel Brand Sonder to Shut Down
Sonder properties were based in 37 cities across nine countries. Continue Reading Apartment-Hotel Brand Sonder to Shut Down
CMBS Delinquency Rate Up for Sixth Straight Month
The delinquency rate for commercial mortgage-backed securities (CMBS) was up for the sixth consecutive month in August, rising six basis points to 7.29%. Year-over-year, the overall CMBS delinquency rate has increased by 185 basis points from 5.44%. According to data...
Report: ‘Normal’ Housing Costs Possible by 2030
A new report by the Rocket Companies (NYSE: RKT) division Redfin is speculating housing costs could return to “normal” by 2030 – but only if home-price growth stabilizes and mortgage rates fall to 5.5%. Redfin defined “normal” as the July 2018 housing market when...
The Best and Worst Places to Retire Are…
The number crunchers at WalletHub are back with a new survey, and today’s report focuses on 2025’s Best and Worst Places to Retire. In an analysis of 182 cites across 45 key measures of affordability, quality of life, health care and availability of recreational...
NEWS & CURRENT EVENTS
Senate Banking Committee Unanimously Approves Bipartisan ROAD to Housing Act
The bill is backed by leading housing industry organizations including the National Association of Realtors and the Mortgage Bankers Association. Continue Reading Senate Banking Committee Unanimously Approves Bipartisan ROAD to Housing Act
Judge Rejects DOJ Request of Early End to Redlining Settlement with Pennsylvania Bank
Last week, ESSA’s parent company ESSA Bancorp completed a merger with CNB Financial Corporation. Continue Reading Judge Rejects DOJ Request of Early End to Redlining Settlement with Pennsylvania Bank
New Record High for Delaware’s Median Sales Price
Delaware recorded 1,300 home sales during June, a slight 0.7% uptick from the 1,291 transactions recorded in May. Continue Reading New Record High for Delaware’s Median Sales Price
Starter Homes Sales and Prices on the Rise
The typical starter home sold for a record $260,000 last month, up 3.1% from June 2024. Continue Reading Starter Homes Sales and Prices on the Rise
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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.
Canadian Housing Starts Up 2% During 2024
The vast majority of housing starts (245,120) were in markets with populations of 10,000 and greater. Continue Reading Canadian Housing Starts Up 2% During 2024
FCC Warns Against Fraudulent Mortgage Calling Campaign
Green Mirage has impersonated over 400 mortgage institutions and caused hundreds of thousands of dollars of losses to deceived homeowners. Continue Reading FCC Warns Against Fraudulent Mortgage Calling Campaign
CFPB: Homeowners Near Rivers and Creeks More Likely to be Underinsured Against Flooding
More than 400,000 homes may be underinsured for flooding events in the southeast and central southwestern parts of the country. Continue Reading CFPB: Homeowners Near Rivers and Creeks More Likely to be Underinsured Against Flooding
Mortgage Rates Break Past 7% Level
Mortgage rates ticked up for the fifth consecutive week. Continue Reading Mortgage Rates Break Past 7% Level
Foreclosure Activity Down 10% During 2024
ATTOM also noted there were 28,632 properties with foreclosure filings during December. Continue Reading Foreclosure Activity Down 10% During 2024
Biden Signs Executive Order on Creating New AI Data Centers
The Executive Order required developers adhere to “high labor standards, promoting positive labor-management relations, and paying workers prevailing wages.” Continue Reading Biden Signs Executive Order on Creating New AI Data Centers
Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City
The Browns did not publicly comment on the lawsuit. Continue Reading Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City
Survey: Ontario Residents Remain Pessimistic About Becoming Homeowners
75% strongly supported reducing municipal development charges. Continue Reading Survey: Ontario Residents Remain Pessimistic About Becoming Homeowners
NAR Creates New SVP for Industry Relations Position
NAR said Grasso will spearhead efforts “to deepen engagement with state and local associations.” Continue Reading NAR Creates New SVP for Industry Relations Position
Newsom Signs Order to Stop Predatory Land Speculation in Fire-Damaged Areas
Newsom’s office acknowledged the executive order is modeled on a similar order issued by Hawaii Governor Josh Green. Continue Reading Newsom Signs Order to Stop Predatory Land Speculation in Fire-Damaged Areas
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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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