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Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
Peachtree Group Recruits Billy Gilchrist as SVP of Originations
Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, has hired Billy Gilchrist as senior vice president of originations. In his new role, Gilchrist will be responsible for originating commercial real estate and hotel investments across...
Stellar MLS in Data Access Pact with Miami Association of Realtors
Stellar MLS, a multiple listing service encompassing 30% of Florida plus Puerto Rico, has announced an access sharing agreement with the Miami Association of Realtors, the nation's largest local realtor association with 60,000 members. Starting on Sept. 30, members of...
Developers of Manhattan’s Mixed-Use Freedom Plaza Commit to 1,080 Affordable Housing Units
The developers of the planned $11.2 billion mixed-use Freedom Plaza in Manhattan announced a commitment to make 1,080 residential units on site permanently affordable. The five-acre site, which is being developed by Soloviev Group and Mohegan, will stretch from 38th...
NEWS & CURRENT EVENTS
Refinancing Surge Fuels Rise in Mortgage Application Activity
The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.9% on a seasonally adjusted basis from one week earlier. Continue Reading Refinancing Surge Fuels Rise in Mortgage Application Activity
Palmetto Plaza, Miami-Area Retail Center, Sells for $46 Million
Aldi and Dollar Tree are the anchor tenants. Continue Reading Palmetto Plaza, Miami-Area Retail Center, Sells for $46 Million
John Hedlund to Become MBA’s Next Vice Chairman
Hedlund is vice chairman of ICE Mortgage Technology. Continue Reading John Hedlund to Become MBA’s Next Vice Chairman
Canadian REIT Buys Dallas-Area Apartment Complex for $87.5 Million
The Ownsby comprises 368 apartment units, including one-, two-, and three-bedroom suites. Continue Reading Canadian REIT Buys Dallas-Area Apartment Complex for $87.5 Million
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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.
CFPB Sues Berkshire Hathaway Unit Vanderbilt Mortgage, Alleging ‘Risky Loans’
“Vanderbilt knowingly traps people in risky loans in order to close the deal on selling a manufactured home,” said CFPB Director Rohit Chopra. Continue Reading CFPB Sues Berkshire Hathaway Unit Vanderbilt Mortgage, Alleging ‘Risky Loans’
LaSalle Investment Management Acquires Arizona Industrial Complex
The complex is 92% leased to eight tenants. Continue Reading LaSalle Investment Management Acquires Arizona Industrial Complex
MBA Promotes Jamie Woodwell to SVP
He most recently served as vice president and head of commercial real estate research. Continue Reading MBA Promotes Jamie Woodwell to SVP
CBRE, Citadel Sign New Leases for Manhattan Office Spaces
CBRE will move into the Lever House while Citadel will occupy the Tishman Building. Continue Reading CBRE, Citadel Sign New Leases for Manhattan Office Spaces
Real Estate Veteran Sherry Chris Hired as Special Advisor to NAR’s CEO
Chris was previously an executive advisor at Anywhere Real Estate Inc. Continue Reading Real Estate Veteran Sherry Chris Hired as Special Advisor to NAR’s CEO
Redfin: Housing Affordability Improved Slightly in 2024
The median monthly housing payment for homebuyers hit a record of $2,920 in 2024, rising 4.3% from 2023 and 86% from 2019. Continue Reading Redfin: Housing Affordability Improved Slightly in 2024
The Appraisal Foundation and Farm Credit System Launch Rural Appraisal Practicum Model
The initiative will create a structured, hands-on model tailored to rural and agricultural property appraisals. Continue Reading The Appraisal Foundation and Farm Credit System Launch Rural Appraisal Practicum Model
Saudi Arabia to Create Securitization Market for RMBS
The endeavor is designed to “attract a diverse base of local and global investors in the secondary mortgage market.” Continue Reading Saudi Arabia to Create Securitization Market for RMBS
Michael S. Barr Steps Down as Federal Reserve’s Vice Chairman for Supervision
Barr served as vice chairman for supervision since July 19, 2022. Continue Reading Michael S. Barr Steps Down as Federal Reserve’s Vice Chairman for Supervision
Justin Trudeau Resigns as Canada’s Prime Minister
Justin Trudeau has announced his resignation as Canada’s 23rd prime minister. Continue Reading Justin Trudeau Resigns as Canada’s Prime Minister
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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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