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Q3 Home Prices Up in 77% of Metro Markets
Eight of the 10 most expensive markets were in California, led by the San Jose-Sunnyvale-Santa Clara metro at $1.9 million, up by 0.8% from one year earlier. Continue Reading Q3 Home Prices Up in 77% of Metro Markets
Q3 Home Prices Up in 77% of Metro Markets
Eight of the 10 most expensive markets were in California, led by the San Jose-Sunnyvale-Santa Clara metro at $1.9 million, up by 0.8% from one year earlier. Continue Reading Q3 Home Prices Up in 77% of Metro Markets
Mortgage Applications for New Home Purchases Surged in July
Mortgage applications for new home purchases in July were up by 7% from the previous month and were also up 6.8% year-over-year, according to data from the Mortgage Bankers Association (MBA). The trade group estimated new single-family home sales were at a seasonally...
Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity
The Cleveland Browns’ effort to build a new domed stadium hit a major roadblock as the Ohio Department of Transportation (ODOT) rejected the team’s application, stating the proposed $3.6 billion facility would be an “obstruction” to the neighboring Cleveland Hopkins...
Turkish Government Begins Crackdown on Fake Real Estate Listings
The Turkish government has launched a crackdown on fraudulent real estate advertising, with an initial haul of $3.36 million in fines against 1,158 real estate businesses. Turkiye Today reports the government has begun using an electronic listing verification system...
NEWS & CURRENT EVENTS
HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region
“Our hearts break as we witness the catastrophe unfolding in Texas,” said HUD Secretary Turner. Continue Reading HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region
A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
The FHFA director’s announcement on the use of VantageScore 4.0 might come with a few problems. Continue Reading A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
Newsom Allocates $101 Million for Multifamily Rebuilding After LA Fires
California Gov. Gavin Newsom announced the state’s Department of Housing and Community Development (HCD) will release $101 million to finance the rebuilding of affordable multifamily rental housing in the Greater Los Angeles Region. According to the governor’s office,...
Hello, Comrade! Russian Investors Take Greater Interest in US Real Estate
The average Russian buyer paid $652,915 per property, while the overall foreign average was $480,695. Continue Reading Hello, Comrade! Russian Investors Take Greater Interest in US Real Estate
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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.
Existing Home Sales Score First Year-Over-Year Hike Since July 2021
First-time buyers were responsible for 27% of sales in October. Continue Reading Existing Home Sales Score First Year-Over-Year Hike Since July 2021
Report: Refinancing Fueled Q3 Mortgage Lending Activity
Mortgage rollovers were up by 6.9% quarterly to about 588,000. Continue Reading Report: Refinancing Fueled Q3 Mortgage Lending Activity
$2.3 Million Settlement in AI-Screening Discrimination Lawsuit
The settlement resolves a 2022 class action lawsuit in Massachusetts. Continue Reading $2.3 Million Settlement in AI-Screening Discrimination Lawsuit
Cryptocurrency Purchases for Real Estate Available in South Africa
Schindlers Digital Assets is now offering cryptocurrency conversion services that adhere to South African financial regulation. Continue Reading Cryptocurrency Purchases for Real Estate Available in South Africa
California Man Pretending to be Real Estate Agent Arrested for Burglarizing Open Houses
Police located Joshua Lamont at a hotel in Walnut Creek, where he was arrested on Nov. 20. Continue Reading California Man Pretending to be Real Estate Agent Arrested for Burglarizing Open Houses
VanWest Partners Acquires Three Self-Storage Properties
All three facilities will be operated by ClearHome Self Storage, VanWest’s vertically integrated management platform. Continue Reading VanWest Partners Acquires Three Self-Storage Properties
Tampa Bay Rays Warn They May Never Move Into New Stadium
“The Rays organization is saddened and stunned by this unfortunate turn of events” said the team’s co-presidents Brian Auld and Matt Silverman Continue Reading Tampa Bay Rays Warn They May Never Move Into New Stadium
Chicago Mayor Cuts Property Tax Proposal While Telling Critics to ‘Grow Up’
The mayor is now presenting a $150 million proposal. Continue Reading Chicago Mayor Cuts Property Tax Proposal While Telling Critics to ‘Grow Up’
Survey: Most Buyers Move to Find a Bigger and Better Home
Redfin found that women (20%) were more likely than men (13.8%) to cite a concern for safety/crime as a reason for moving. Continue Reading Survey: Most Buyers Move to Find a Bigger and Better Home
Donald Coulter Steps Down as Chief Executive at MCAN Mortgage
Board Chairman Derek Sutherland has been appointed interim CEO until a permanent successor is appointed. Continue Reading Donald Coulter Steps Down as Chief Executive at MCAN Mortgage
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