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Preservation of Affordable Housing to Start First Development in Maine
The Maine State Housing Authority is providing 4% Low Income Housing Tax Credits, along with low-cost construction and permanent loans. Continue Reading Preservation of Affordable Housing to Start First Development in Maine
Preservation of Affordable Housing to Start First Development in Maine
The Maine State Housing Authority is providing 4% Low Income Housing Tax Credits, along with low-cost construction and permanent loans. Continue Reading Preservation of Affordable Housing to Start First Development in Maine
Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
The housing market has lost about 14,000 home sellers over the past two months, according to data from the Rocket Companies (NYSE: RKT) division Redfin. This marked the first decline in sellers in two years. By the end of July, the total number of home sellers was...
The Federal Reserve Drama: Lisa Cook Praised by NY Fed Chief, Slammed by Trump Officials
Federal Reserve Gov. Lisa Cook received a spirited defense from one of her central bank colleagues and bitter insinuations of guilt from Trump administration officials while Republicans in the Senate are not taking sides on the matter. Speaking this morning on CNBC,...
Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity
Mortgage application activity was a mixed bag for the week ending Aug. 22, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.5% percent on a seasonally adjusted...
NEWS & CURRENT EVENTS
Two Mixed-Use Jersey Shore Properties Sell for $5.35 Million
Both properties house Berkshire Hathaway Fox & Roach Realtors offices. Continue Reading Two Mixed-Use Jersey Shore Properties Sell for $5.35 Million
Report: Canadians Spend 42.3% of Income on Taxes
Last year, the average Canadian family (with an income of $114,289) paid $48,306 in total taxes. Continue Reading Report: Canadians Spend 42.3% of Income on Taxes
Sen. Warren Blasts FHFA’s Pulte for ‘Abnormal’ Behavior
“Your job is to manage FHFA, oversee our nation’s mortgage market, and lower costs for American families–full stop,” Warren wrote. Continue Reading Sen. Warren Blasts FHFA’s Pulte for ‘Abnormal’ Behavior
Report: Opening Federal Land for Development Will Not Solve Basic Housing Shortage Problems
Approximately 640 million acres of land are federal owned, accounting for nearly one-quarter of the nation’s landmass. Continue Reading Report: Opening Federal Land for Development Will Not Solve Basic Housing Shortage Problems
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Mortgage Rates Rise Ahead of Christmas
The 30-year fixed-rate mortgage averaged 6.72% as of Dec. 19. Continue Reading Mortgage Rates Rise Ahead of Christmas
Florida Home Sales and Prices Decline
The statewide median sales price for single-family existing homes in November was $410,700. Continue Reading Florida Home Sales and Prices Decline
LRT Company Expands to Rhode Island with Senior Housing Development
Groundbreaking on the project is expected to occur next summer. Continue Reading LRT Company Expands to Rhode Island with Senior Housing Development
California Home Sales Record Largest Yearly Increase in Over Three Years
The statewide median price of $852,880 was down 4% from October but was up 3.8% from November 2023. Continue Reading California Home Sales Record Largest Yearly Increase in Over Three Years
Canadian Home Sales Rise by Nearly 3%
The sales spike occurred despite the 0.5% month-over-month drop in newly listed properties. Continue Reading Canadian Home Sales Rise by Nearly 3%
NAR Hires Advertising Agency to Help Improve Its Image
The terms of the contract were not disclosed. Continue Reading NAR Hires Advertising Agency to Help Improve Its Image
RFK Stadium’s Fate Uncertain After Continuing Resolution is Pulled
Earlier this year, the National Park Service (NPS) has given its approval for the demolition of RFK Stadium. Continue Reading RFK Stadium’s Fate Uncertain After Continuing Resolution is Pulled
Report: Home Affordability Worsened in Q4
The national median home price has climbed to $364,750 during the fourth quarter. Continue Reading Report: Home Affordability Worsened in Q4
Real Estate Developer Sentenced for Role in Chicago Bank Failure
Marek Matczuk was convicted by a jury in federal court last year. Continue Reading Real Estate Developer Sentenced for Role in Chicago Bank Failure
CFPB: Mortgage Servicers Preying on Divorced and Widowed Borrowers
The CFPB report also noted that domestic violence survivors face additional problems with servicers. Continue Reading CFPB: Mortgage Servicers Preying on Divorced and Widowed Borrowers
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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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