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A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
Creating a 50-year mortgage with the goal of making housing more affordable is the equivalent of sending shipments of dinnerware into a famine-stricken region. Continue Reading A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
Creating a 50-year mortgage with the goal of making housing more affordable is the equivalent of sending shipments of dinnerware into a famine-stricken region. Continue Reading A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
Prince and Princess of Wales Moving to New ‘Forever Home’
If any of our British readers spot a convoy of moving trucks in the vicinity of Windsor, that could belong to some of the area’s most famous residents. William and Catherine, the Prince and Princess of Wales, are moving with their three children to the eight-bedroom...
Builders Continue to Have Little Confidence in the Housing Market
Home builders continued to express minimal optimism in the market for newly built single-family homes, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which registered a 32 level in August, down one point...
New Data Reports Highlight a Wobbly Housing Market
A pair of new data reports published today are highlighting a growing imbalance across the housing market. A report from the Rocket Companies (NYSE: RKT) division Redfin discovered a considerable slowing the pace of home sales – during July, the typical home that went...
NEWS & CURRENT EVENTS
Asking Rents Down for Fourth Straight Month
On a month-over-month basis, asking rents rose 0.6%. Continue Reading Asking Rents Down for Fourth Straight Month
Mortgage Application Activity Up 9.4%
The Refinance Index increased 9% from the previous week and was 56% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 9.4%
FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
The FTC will send checks and PayPal payments to 960 affected consumers. Continue Reading FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
Residential Transition Lender Dunmor Opens Wholesale Broker Division
Products will include bridge loans, fix and flip loans, ground-up construction loans, and multifamily loans. Continue Reading Residential Transition Lender Dunmor Opens Wholesale Broker Division
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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.
Chicago Bears Consider Third Site for New $4.6 Billion Domed Stadium
The team had originally rejected the city-owned 48.6-acre site that was once home to the Michael Reese Hospital. Continue Reading Chicago Bears Consider Third Site for New $4.6 Billion Domed Stadium
Canada Allocates $9 Million for 1,500 Foreign Construction Professionals
The funding will be provided to the United Brotherhood of Carpenters and Joiners of America Canadian District. Continue Reading Canada Allocates $9 Million for 1,500 Foreign Construction Professionals
Jason Momoa Warns He is Not Involved with a Hawaiian Real Estate Investment Scheme
The “Aquaman” star stepped forward to state his name and image were hijacked. Continue Reading Jason Momoa Warns He is Not Involved with a Hawaiian Real Estate Investment Scheme
Mortgage Application Activity in Mild Uptick
The seasonally adjusted Purchase Index increased 2% from one week earlier, but the unadjusted index decreased 2%. Continue Reading Mortgage Application Activity in Mild Uptick
Report: Bill Pulte Under Consideration as Next HUD Secretary
Dr. Ben Carson, who served as HUD secretary in the first Trump administration, is reportedly not interested in returning to the position. Continue Reading Report: Bill Pulte Under Consideration as Next HUD Secretary
Rocket Companies Fizzles with Q3 Loss of $481 Million
“Optimism is the ability to see the glass as half full,” said CEO Varun Krishna. Continue Reading Rocket Companies Fizzles with Q3 Loss of $481 Million
NYC’s Iconic Friars Club Going to Foreclosure Auction
The New York City townhouse that has been the home of the Friars Club, a legendary private club for the entertainment industry elite, is scheduled to go a foreclosure auction on Nov. 26. The New York Post reported the five-story, 14,541-square-foot, English...
Michael Daly Joins Rafferty Holdings to Launch Real Estate Initiative
Daly will be responsible for designing the portfolio, evaluating market opportunities, structuring deals, and managing investments. Continue Reading Michael Daly Joins Rafferty Holdings to Launch Real Estate Initiative
Trump Names Real Estate Developer Steve Witkoff as Special Middle East Envoy
Witkoff has never previously held a diplomatic position. Continue Reading Trump Names Real Estate Developer Steve Witkoff as Special Middle East Envoy
Study: Real Estate Commissions Hold Steady in 2 Months Since NAR Settlement
The data analysis encompassed sales at 625 real estate offices. Continue Reading Study: Real Estate Commissions Hold Steady in 2 Months Since NAR Settlement
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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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