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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
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
Las Vegas Housing Inventory Up 31% from Last Year
Las Vegas led the nation’s major metro areas with the largest number of homes for sale in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin. Last month, the total number of homes for sale in Las Vegas recorded a 31% year-over-year...
Senate Democrats Urge FHFA’s Pulte to Focus on Lowering Housing Costs
A trio Senate Democrats sent a letter to Bill Pulte, director of the Federal Housing Finance Agency (FHFA), to using his position for political machinations and to focus on lowering housing costs. The senators – Minority Leader Chuck Schumer of New York, Senate...
Saudi Arabia Launches First RMBS
Saudi Arabia has moved further into the real estate finance realm with its first residential mortgage-backed securities (RMBS) offering. The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund company, coordinated the offering. In a press statement,...
NEWS & CURRENT EVENTS
Existing Home Sales Down, Median Home Price at New High
This marked the 24th consecutive month of year-over-year price increases. Continue Reading Existing Home Sales Down, Median Home Price at New High
Mortgage Application Activity Inches Up Again
The FHA share of total applications decreased to 18.7% from 19% the week prior. Continue Reading Mortgage Application Activity Inches Up Again
A Phil Hall Op-Ed: Now, About the Fed’s HQ Renovations
Why is the White House obsessed with cost overruns on the Fed’s headquarters? Continue Reading A Phil Hall Op-Ed: Now, About the Fed’s HQ Renovations
Virginia Home Sales Surge Amid Wider Inventory
The median sales price in Virginia was $446,144 in June, up by almost $15,000 for a 3.4% year-over-year uptick. Continue Reading Virginia Home Sales Surge Amid Wider Inventory
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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.
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...
Hits and Misses for the Real Estate Week of Dec. 2-5
A new achievement in luxury real estate, an executive preparing the next generation of professionals, and the perils of renting to Hunter Biden top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Dec. 2-5
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