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New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
TransUnion: More People Sharing Rent Payment Data with Credit Reporting Agencies
A new data report from TransUnion (NYSE: TRU) has determined 13% of consumers are sharing their rent payments data with credit reporting agencies, up from 11% in 2024. However, TransUnion’s research also found the number of property managers who are aware of and...
Interior Dept. Proposes Junking Biden-Era Conservation Rule on Public Lands
The Department of the Interior has proposed the rescinding of the Bureau of Land Management’s (BLM) 2024 Public Lands Rule, which was designed to conserve more public land rather than open these spaces to development. The department argues the Public Lands Rule...
MISMO Publishes Standard for Electronic HELOCs
MISMO, the real estate finance industry's standards organization, has published the SMART Doc V3 eHELOC Specification, a standard designed to address the requests for natively created electronic documents to support the growth of home equity lines of credit (HELOCs)....
NEWS & CURRENT EVENTS
Mortgage Application Activity Up 3.1%
The Refinance Index took a 5% week-over-week rise and was 18 percent higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 3.1%
Toronto Records Strongest July Home Sales in Four Years
The average selling price of $1.05 million was down by 5.5% from one year earlier. Continue Reading Toronto Records Strongest July Home Sales in Four Years
Northern California’s Showcase Real Estate Joins The Real Brokerage
“The Private Label program was the perfect solution for Showcase Real Estate, a well-established brand of 47 years in our area,” said Donna Phelan. Continue Reading Northern California’s Showcase Real Estate Joins The Real Brokerage
Modular Housing Provider Boxabl Uses SPAC to Go Public With $3.5 Billion Valuation
Boxabl co-founders and co-CEOs Paolo and Galiano Tiramani will continue to lead the combined company. Continue Reading Modular Housing Provider Boxabl Uses SPAC to Go Public With $3.5 Billion Valuation
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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.
Seafood Restaurant Chain Captain D’s Expanding to the UK Market
Captain D’s was founded in 1969 and operates more than 530 restaurants in 23 states. Continue Reading Seafood Restaurant Chain Captain D’s Expanding to the UK Market
California Realtors Donate $600,000 to Wildfire Relief Funds
“Our hearts and thoughts are with all those impacted by these devastating wildfires,” said CAR President Heather Ozur. Continue Reading California Realtors Donate $600,000 to Wildfire Relief Funds
Trump Nominates Bill Pulte to Become FHFA Director
Pulte is the CEO of Pulte Capital Partners and has gained prominence for his philanthropic endeavors on X. Continue Reading Trump Nominates Bill Pulte to Become FHFA Director
Builder Confidence Inches Up
The latest HMI survey also found 30% of builders cut home prices in January, with an average price reduction of 5%. Continue Reading Builder Confidence Inches Up
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
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