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Mortgage Application Activity Tumbles by 5.2%
The FHA share of total applications increased to 19.9% from 19.4% the week prior. Continue Reading Mortgage Application Activity Tumbles by 5.2%
Mortgage Application Activity Tumbles by 5.2%
The FHA share of total applications increased to 19.9% from 19.4% the week prior. Continue Reading Mortgage Application Activity Tumbles by 5.2%
Century Communities Begins Home Sales at New Arizona Development
Century Communities Inc. (NYSE: CCS) is now selling homes at its Montano Ridge development in Bullhead City, Arizona, from the $290,000s. The company said the community’s floor plans offer up to 1,815 square feet and four bedrooms, including primary suites with...
Knock Closes on $100 Million Securitization
The buy-before-you-sell real estate fintech Knock announced the successful close of its inaugural $100 million securitization. According to the Atlanta-based company, the $100 million bond issuance will be used exclusively to fund Knock’s Bridge Loan products. Cantor...
Acres.com Debuts Tool to Track Residential Market Growth
Acres.com, a land intelligence platform, has launched the Acres Home Builder Index, a tool designed to help builders, retail developers, investors, and home service providers track current and projected residential market growth. The Home Builder Index combines...
NEWS & CURRENT EVENTS
Realtors Relief Foundation Allocates $500,000 to Help Texas Flooding Victims
exas Realtors will distribute the RRF grant among eight local associations. Continue Reading Realtors Relief Foundation Allocates $500,000 to Help Texas Flooding Victims
Builder Confidence Inches Up Slightly
The latest HMI survey found 38% of builders cutting prices in July, the highest percentage since NAHB began tracking this figure in 2022. Continue Reading Builder Confidence Inches Up Slightly
Mortgage Fraud Charges Against Schiff Referred to Justice Department
The case of alleged mortgage fraud by Sen. Adam Schiff (D-CA) has been referred to the Department of Justice (DOJ) for criminal prosecution. Fox News reports that Bill Pulte, director of the Federal Housing Finance Agency (FHFA), sent a letter to Attorney General Pam...
John Hancock’s Boston Home Listed for Sale
The property is currently being used as a law office, and pricing information is available upon request. Continue Reading John Hancock’s Boston Home Listed for Sale
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Mortgage Application Activity and Forbearance Levels on the Rise
“Approximately 65,000 more borrowers are in forbearance compared to one month ago,” said MBA’s Marina Walsh. Continue Reading Mortgage Application Activity and Forbearance Levels on the Rise
Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate
Combs acquired his Holmby Hills estate in 2014 for $39 million and listed it at $60 million prior to his recent arrest. Continue Reading Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate
Mid-Atlantic Brokerages Announce Merger
Both teams operate under the eXp Realty brokerage umbrella. Continue Reading Mid-Atlantic Brokerages Announce Merger
NYC Office Building Sells for $255 Million
The 12-story, 176,588-square-foot property opened in 2022. Continue Reading NYC Office Building Sells for $255 Million
Connecticut Medical Building Sells for $19.1 Million
Built in 1981, the property is 100% leased to three medical tenants. Continue Reading Connecticut Medical Building Sells for $19.1 Million
California Home Sales Rebounded in October
Also on the rise was the statewide median price – $888,740, up 2.4% from the prior month. Continue Reading California Home Sales Rebounded in October
Edina Realty in $3.5 Million Settlement Over Home Warranty Promotions
Edina Realty said it “worked cooperatively with the Attorney General’s Office to answer their questions and explain our industry, our company and how we do business.” Continue Reading Edina Realty in $3.5 Million Settlement Over Home Warranty Promotions
Italian Village Offers $1 Homes to Post-Election Americans
“We just really want, and will focus on, Americans above all,” said Mayor Francesco Columbu. Continue Reading Italian Village Offers $1 Homes to Post-Election Americans
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
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