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Zillow Sued Over Alleged Mortgage Steering
The lawsuit seeks to expand into a class action case that would cover all US homebuyers directed by a Zillow-affiliated agent into using the company’s mortgage services. Continue Reading Zillow Sued Over Alleged Mortgage Steering
Zillow Sued Over Alleged Mortgage Steering
The lawsuit seeks to expand into a class action case that would cover all US homebuyers directed by a Zillow-affiliated agent into using the company’s mortgage services. Continue Reading Zillow Sued Over Alleged Mortgage Steering
California Home Sales and Prices Declined in July
California recorded a total of 261,820 closed escrow sales of existing single-family detached homes in July, down 1% from the 264,400 homes sold in June and was down 4.1% from the 272,990 homes sold in July 2024. According to the California Association of Realtors...
Canadian Housing Starts Up by 4%
The total monthly seasonally adjusted annual rate of housing starts across Canada totaled 294,085 units in July, up 4% from June’s total of 283,523 units. According to data from Canada Mortgage and Housing Corporation (CMHC), the nation’s largest cities had mixed...
USDA to Cease Funding Solar and Wind Power Installations on Farmland
The US Department of Agriculture (USDA) will no longer provide federal funding for the installation of solar panels and wind turbines on farmland. Solar and wind projects are no longer eligible for the Rural Development Business and Industry Guaranteed Loan Program....
NEWS & CURRENT EVENTS
Tech Trends: In Pursuit of User-Friendly Solutions
This week’s edition of Tech Trends offers four new solutions designed to make life easier for home sellers, property managers, and real estate investors. Continue Reading Tech Trends: In Pursuit of User-Friendly Solutions
Report: Large Banks Originating More ARMs
“Future reset risk is mitigated by large banks’ continued focus on lending to borrowers with high credit scores and low leverage,” the report said. Continue Reading Report: Large Banks Originating More ARMs
Mortgage Rates Record New Uptick
The 30-year fixed-rate mortgage averaged 6.72% as of July 10. Continue Reading Mortgage Rates Record New Uptick
Survey: Nearly Half of Americans Want to Ban Short-Term Rentals from Residential Areas
About one in six (16%) respondents said Airbnb hosts deserve to have their property damaged. Continue Reading Survey: Nearly Half of Americans Want to Ban Short-Term Rentals from Residential Areas
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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.
Corcoran Group Announces First DC-Area Franchise
Corcoran McEnearney will become the network’s second largest franchise. Continue Reading Corcoran Group Announces First DC-Area Franchise
Lennar Acquires Arkansas Builder Rausch Coleman Homes
The financial aspects of the deal were not disclosed. Continue Reading Lennar Acquires Arkansas Builder Rausch Coleman Homes
Report: Home of Missing Texas Realtor May Be Sold
Suzanne Clark Simpson was last seen alive on the evening of Oct. 6. Continue Reading Report: Home of Missing Texas Realtor May Be Sold
Housing Starts Dropped in October
Single-family housing completions in October were at a rate of 986,000, a 1.4% drop from the revised September rate of 1 million. Continue Reading Housing Starts Dropped in October
Oil Property Acquirer Pays $245 Million for 46,000-Acre Texas Property
LandBridge was formed in 2021 by Five Point Energy LLC, a private equity firm. Continue Reading Oil Property Acquirer Pays $245 Million for 46,000-Acre Texas Property
Blackstone Buys Majority Stake in Jersey Mike’s Sub Sandwich Chain
Jersey Mike’s Subs has more than 3,000 locations nationwide that are open and in development. Continue Reading Blackstone Buys Majority Stake in Jersey Mike’s Sub Sandwich Chain
Canadian Housing Starts Up in October
CMHC Chief Economist Bob Dugan said, “The increases in the monthly SAAR in Toronto and Vancouver are a promising sign for Ontario and British Columbia.” Continue Reading Canadian Housing Starts Up in October
A Phil Hall Op-Ed: The Diminished Importance of the HUD Secretary Role
Editor Phil Hall considers why the role of HUD secretary seems none-too-important today. Continue Reading A Phil Hall Op-Ed: The Diminished Importance of the HUD Secretary Role
Grant Cardone Considers Run for California Governor
Gavin Newsom has been governor since 2019 Continue Reading Grant Cardone Considers Run for California Governor
NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending
The report detailed how NAR’s leaders used corporate credit cards to buy tickets to the Broadway show “Hamilton” when it opened in 2015. Continue Reading NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending
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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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