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reAlpha Tech Corp. Acquires InstaMortgage
Under the terms of the definitive agreement, reAlpha would acquire 100% of the outstanding equity of InstaMortgage for total consideration of approximately $8.5 million. Continue Reading reAlpha Tech Corp. Acquires InstaMortgage
reAlpha Tech Corp. Acquires InstaMortgage
Under the terms of the definitive agreement, reAlpha would acquire 100% of the outstanding equity of InstaMortgage for total consideration of approximately $8.5 million. Continue Reading reAlpha Tech Corp. Acquires InstaMortgage
New Home Purchase Mortgage Applications Up 3.1% in November
Mortgage applications for new home purchases in November increased 3.1% from one year earlier, according to data from the Mortgage Bankers Association (MBA). Compared to October, applications decreased by 7%. MBA estimated new single-family home sales were running at...
New Report Names Detroit as America’s Neediest City
As the year-end giving season kicks into gear, WalletHub has published this year’s edition of its Neediest Cities in America report. WalletHub compared more than 180 cities across 28 key metrics – including child and adult poverty, food insecurity, homelessness, the...
Builder Confidence Inches Up Slightly, But Pessimism Remains
Builder confidence ended the year on an uptick, but was still deep in negative territory. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for December inched up one point to a reading of 39, well below the breakeven point of 50....
NEWS & CURRENT EVENTS
Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties
The portfolio was aggregated over the last 12 months and encompasses diverse neighborhoods including Nob Hill, Russian Hill, The Castro, Potrero Hill, Hayes Valley, and the Sunset and Richmond Districts. Continue Reading Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties
Boston City Council Votes to Raise Residential Property Taxes by 13%
Councilor Ed Flynn, a critic of Mayor Michelle Wu, argued the city needs to crack down on its spending. Continue Reading Boston City Council Votes to Raise Residential Property Taxes by 13%
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Newsom did not publicly comment on the lawsuit. Continue Reading Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
ARH Global Advisors Launches Real Estate Brokerage Division Serving NYC and Beverly Hills
The company will provide full-service brokerage operations with a specialized emphasis on probate and trust real estate, luxury residential sales, and strategic commercial acquisitions. Continue Reading ARH Global Advisors Launches Real Estate Brokerage Division Serving NYC and Beverly Hills
Zillow and Esusu Offer CreditClimb, a Credit-Building Tool for Renters
Enrollment in the CreditClimb service costs $20 per year. Continue Reading Zillow and Esusu Offer CreditClimb, a Credit-Building Tool for Renters
Corcoran Atlantic Opens First Office in Portugal
“Portugal is not just a beautiful place to live, it’s a smart place to invest,” said Pamela Liebman, president and CEO of The Corcoran Group. Continue Reading Corcoran Atlantic Opens First Office in Portugal
What Role Does Thanksgiving Play in Homebuying?
Gen Z stands out as the only group tilting toward an extra bathroom (48%) over an extra bedroom (39%). Continue Reading What Role Does Thanksgiving Play in Homebuying?
Mortgage Application Activity Tumbles by 5.2%
The FHA share of total applications increased to 19.9% from 19.4% the week prior. Continue Reading Mortgage Application Activity Tumbles by 5.2%
California Home Sales at Highest Level Since February
The statewide median home price ticked up 0.4% from $883,640 in September to $886,960 in October. Continue Reading California Home Sales at Highest Level Since February
REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New listings were up 0.8% from October 2024 but were down by 0.5% from September. Continue Reading REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Experian’s report also showed roughly 60% of today’s renters have near-prime or better scores. Continue Reading New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Private Connecticut Island Sells at a Discount
The 18-acre Hay’s Island includes an 8,684-square-foot, six-bedroom mansion built in 2010. Continue Reading Private Connecticut Island Sells at a Discount
Builder Confidence Remains Flat
41% of builders were cutting prices in November, a record high in the post-Covid period and the first time this measure has passed 40%. Continue Reading Builder Confidence Remains Flat
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