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Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Ohio Lawmakers Offer Bill to Prevent Foreclosure on Senior Homeowners
A new bill being prepared for consideration by the Ohio legislature seeks to prevent senior homeowners from being foreclosed upon due to delinquent property taxes. State Reps. David Thomas (R-Jefferson) and Adam Mathews (R-Lebanon) introduced the Senior Protection...
Opendoor Names Kaz Nejatian as New CEO
Opendoor Technologies Inc. (NASDAQ: OPEN), a San Francisco-based e-commerce platform for residential real estate transactions, announced the appointment of Kaz Nejatian as CEO and a member of the board of directors. He replaces Carrie Wheeler, who stepped down last...
Bright MLS: Mid-Atlantic Home Sales Down in August
Bright MLS issued new data that found 19,909 home sales across its Mid-Atlantic service area in August, a 2.7% year-over-year decline, while a total of 21,963 new listings came onto the market last month, down 2.3% from one year earlier. By the end of August, there...
NEWS & CURRENT EVENTS
NAR: Typical Agent Reported 10 Transactions in 2024
NAR’s report showed that the median gross income for realtors totaled $58,100 in 2024, up from $55,800 in 2023. Continue Reading NAR: Typical Agent Reported 10 Transactions in 2024
Mississippi Man Accused of Assaulting Realtor Tells Court He Has Parkinson’s Disease
“First of all, I can’t even think straight,” Jerry Glynn Dennis said. Continue Reading Mississippi Man Accused of Assaulting Realtor Tells Court He Has Parkinson’s Disease
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
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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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