FEATURED REAL ESTATE NEWS
Weekly Real Estate News provides the top stories for national real estate news. Get the scoop on latest trends, find useful advice and tips for real estate agents and clients, and subscribe for free to receive weekly email updates in your inbox.
Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
One of the unnamed sources in Politico’s coverage complained that Pulte “sold POTUS a bill of goods that wasn’t necessarily accurate.” Continue Reading Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
One of the unnamed sources in Politico’s coverage complained that Pulte “sold POTUS a bill of goods that wasn’t necessarily accurate.” Continue Reading Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
Canadian Home Sales and Prices Up During July
Home sales across Canada during July were up 3.8% month-over-month and up 6.6% year-over-year, according to data from the Canadian Real Estate Association (CREA). The number of home sales recorded over Canadian MLS Systems rose by 3.8% from June to July. However, the...
Opendoor Technologies Seeks New Leader After CEO Steps Down
Opendoor Technologies Inc. (NASDAQ: OPEN), a San Francisco-based e-commerce platform for residential real estate transactions, has launched a search for a new CEO following the resignation of Carrie Wheeler, effective today. Wheeler, who is also stepping down as...
Rocket Companies Taps Viral Nation for Social Media Marketing
Detroit-headquartered Rocket Companies (NYSE: RKT) has signed Toronto-based Viral Nation as its first Social Media Agency of Record. The new contract follows the success of Rocket’s “Own the Dream” campaign that debuted earlier this year as an advertisement seen...
NEWS & CURRENT EVENTS
NJ Woman Indicted for Destroying Evidence in Real Estate Fraud Probe
The charge of destruction of records carries a maximum penalty of 20 years in prison and a fine of $250,000. Continue Reading NJ Woman Indicted for Destroying Evidence in Real Estate Fraud Probe
Dubai Launches Program to Encourage First-Time Homebuyers
The program is open to applicants aged 18 and above who are residents of the UAE and who do not currently own residential property in Dubai. Continue Reading Dubai Launches Program to Encourage First-Time Homebuyers
Leadership Shift at Title Resources Group
New CEO Kevin Wall most recently served as co-president of First American Title Insurance Company. Continue Reading Leadership Shift at Title Resources Group
Who Wants to Buy Jennifer Lopez and Ben Affleck’s Beverly Hills Mansion? Answer: No One
Lopez and Affleck, who married in July 2022, acquired the 38,000-square-foot estate in May 2023 for $60.8 million. Continue Reading Who Wants to Buy Jennifer Lopez and Ben Affleck’s Beverly Hills Mansion? Answer: No One
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Mortgage Application Payments Down in September
Homebuyer affordability improved last month as the national median payment applied for by purchase applicants dropped by 0.8% from $2,057 in August to $2,041 in September, according to the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index. The...
Mortgage Industry Executive Frank Pallotta Weighs Run for New Jersey Legislative Seat
Pallotta previously ran for New Jersey’s 5th Congressional District in 2020 and 2022. Continue Reading Mortgage Industry Executive Frank Pallotta Weighs Run for New Jersey Legislative Seat
Mortgage Rates Up for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.72% as of Oct. 31. Continue Reading Mortgage Rates Up for Fifth Straight Week
Redfin: Buyer’s Agent Commissions Mostly Unaffected Since NAR Rule Change
Buyer’s agent commissions for homes listed under $500,000 inched up from an average of 2.41% in August to 2.43% in October. Continue Reading Redfin: Buyer’s Agent Commissions Mostly Unaffected Since NAR Rule Change
Nearly Half of Recent Homebuyers Secured Mortgage Rates Below 5%
Mortgage rates were at a historic low of 2.65% in 2021 before soaring to decade-long highs of 7.79% in the fall of 2023. Continue Reading Nearly Half of Recent Homebuyers Secured Mortgage Rates Below 5%
Zombie Foreclosures Down 20% from Last Year
The number of zombie properties has gone up quarterly in 30 states. Continue Reading Zombie Foreclosures Down 20% from Last Year
Real Estate Developer Westcliff Acquires New Brunswick’s Largest Shopping Center
Located on a 60-acre site, the 784,372-square-foot Champlain Place hosts over 150 stores. Continue Reading Real Estate Developer Westcliff Acquires New Brunswick’s Largest Shopping Center
Historic San Jose Hotel Sells for $11 Million, Nearly 44% Below its Last Transfer
The hotel last changed hands in 2014 when it was acquired by an affiliate of Lowe’s Enterprises for $20.4 million. Continue Reading Historic San Jose Hotel Sells for $11 Million, Nearly 44% Below its Last Transfer
Texas Woman Sentenced for Defrauding Real Estate Investors
Mueting was free on a $50,000 unsecured bond while awaiting sentencing. Continue Reading Texas Woman Sentenced for Defrauding Real Estate Investors
Appraisal Industry Warns Against GSE Waiver Updates from FHFA
The FHFA’s policy changes expand eligibility for appraisal waivers and inspection-based appraisal waivers. Continue Reading Appraisal Industry Warns Against GSE Waiver Updates from FHFA
ABOUT WEEKLY REAL ESTATE NEWS
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.
Subscribe to receive updates to your email inbox and follow WRE News on social media today!
