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Apartment Rents Record Greatest October Decline in Over 15 Years
On an annual measurement, rent growth slowed to 0.8%. Continue Reading Apartment Rents Record Greatest October Decline in Over 15 Years
Apartment Rents Record Greatest October Decline in Over 15 Years
On an annual measurement, rent growth slowed to 0.8%. Continue Reading Apartment Rents Record Greatest October Decline in Over 15 Years
Existing Home Sales Up 2%
Existing home sales during July recorded a 2% month-over-month upswing to a seasonally adjusted annual rate of 4.01 million, according to the National Association of Realtors (NAR). On a year-over-year measurement, sales were up by 0.8%. The sales increase was matched...
15% of Home Purchase Agreements Fell Through in July
Approximately 58,000 home purchase agreements were canceled in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin. The rate of cancelations accounted for 15.3% of homes that went under contract last month, up from 14.5% one year ago....
Zombie Properties on the Rise
Roughly 1.4 million residential properties, or about 1.3% of all US homes, were vacant during the third quarter, according to data from ATTOM, which also found 7,519 pre-foreclosure homes, or 3.38% of the 222,318 properties in the process of foreclosure, were “zombie”...
NEWS & CURRENT EVENTS
NAR, ATTOM Update Their Housing Data Delivery Options
“The new Dashboard is a tool that enables NAR members to stay ahead of the market and better serve their clients,” said Lawrence Yun, NAR chief economist. Continue Reading NAR, ATTOM Update Their Housing Data Delivery Options
White House Posts Picture of Jerome Powell as Marie Antoinette
James Blair, the White House’s deputy chief of staff, called him “Jerome Antoinette.” Continue Reading White House Posts Picture of Jerome Powell as Marie Antoinette
Trump Accuses Sen. Adam Schiff of Mortgage Fraud, Says He ‘Needs to be Brought to Justice’
The Fannie Mae website has no mention of an investigation into Schiff. Continue Reading Trump Accuses Sen. Adam Schiff of Mortgage Fraud, Says He ‘Needs to be Brought to Justice’
Realtors Sought for New Reality TV Series on Southwest Desert Markets
JS Casting has posted a casting call for “realtors with desert living expertise” for a new unscripted real estate series. Continue Reading Realtors Sought for New Reality TV Series on Southwest Desert Markets
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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.
Staying Top of Mind in an Age of Information Overload: A Strategic Guide for Real Estate Professionals
Success in this industry isn’t about closing deals—it’s about building trust, fostering connections, and consistently showing up. Continue Reading Staying Top of Mind in an Age of Information Overload: A Strategic Guide for Real Estate Professionals
Consumer Confidence in Housing Market is on the Rise
A new record-high share of consumers indicated that they expect mortgage rates to decline over the next 12 months. Continue Reading Consumer Confidence in Housing Market is on the Rise
NY Times Publishes Probe on Political Donations by NAR Nonprofit Affiliate
NAR said the Times was writing a “false claim” that it was “a partisan organization with a right-leaning agenda.” Continue Reading NY Times Publishes Probe on Political Donations by NAR Nonprofit Affiliate
Hudson Valley Property Group Acquires 22-Property Portfolio
The acquired properties are subject to low-income housing tax credit (LIHTC) rent restrictions. Continue Reading Hudson Valley Property Group Acquires 22-Property Portfolio
RealPage Says DOJ Dropped Antitrust Investigation
The DOJ offered no public comment on its actions. Continue Reading RealPage Says DOJ Dropped Antitrust Investigation
Sotheby’s International Realty Opens First South Dakota Affiliated Office
The new office is owned and operated by the siblings Dana Fisher and Danielle Konechne. Continue Reading Sotheby’s International Realty Opens First South Dakota Affiliated Office
Gindi Equities Acquires Second Multifamily Community in Fargo
The 252-unit property was acquired from Property Resources Group, which will continue to manage and service the asset. Continue Reading Gindi Equities Acquires Second Multifamily Community in Fargo
EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs
“After many years of serving consumers, EasyKnock has closed its doors,” said the New York City-based company. Continue Reading EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs
Former Ginnie Mae Chief Takes Role at Freddie Mac
Freddie Mac (OTCQB: FMCC) has announced the appointment of Sam Valverde as vice president of mission and community engagement within its single-family acquisitions division. Sam Valverde served as acting president from May through the end of November, when he stepped...
Trump Says He Has No Plans to Remove Powell as Fed Chairman
Jerome Powell can relax – President-elect Donald Trump stated he would not try to replace him before his terms as Federal Reserve chairman ends in May 2026. In an interview broadcast on NBC’s “Meet the Press,” moderator Kristen Welker pressed Trump on retaining...
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