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15% of Home Purchase Agreements Canceled During October
San Antonio led the nation in canceled deals, with over one in five (21%) pending home sales falling through in October. Continue Reading 15% of Home Purchase Agreements Canceled During October
15% of Home Purchase Agreements Canceled During October
San Antonio led the nation in canceled deals, with over one in five (21%) pending home sales falling through in October. Continue Reading 15% of Home Purchase Agreements Canceled During October
Property Insurance Costs Grow 11.3%
The average annual property insurance payment for single-family mortgage holders has reached nearly $2,370 per year, according to new data from ICE Mortgage Technology. This sum accounts for 9.6% of average monthly mortgage-related expenses when factoring in...
Black Homeownership Rate Drops to 4-Year Low
The Black homeownership rate during the second quarter dropped to 43.9%, according to data from Redfin. This is down from 45.3% one year ago, marking both its lowest level since the fourth quarter of 2021 and the largest year-over-year decline since the third quarter...
Senate Democrats Debut Bill to Assist Faith-Based Groups in Creating Affordable Housing
A trio of Democratic senators have introduced the Yes in God’s Back Yard (YIGBY) Act, new legislation designed to assist faith-based organizations and colleges to transform underused property into affordable housing. The YIGBY Act would provide federal assistance to...
NEWS & CURRENT EVENTS
Grant Cardone Seeks CFO for New Endeavor
“Looking for a CFO with REIT experience running a public company to take Cardone Capital public,” Cardone wrote on his X page. Continue Reading Grant Cardone Seeks CFO for New Endeavor
Canada Invests $81.5 Million into New 159-Unit Development in Toronto
The nine-story development at 3101 Bathurst Street Vivant at Bedford Park will be developed by Medallion Corporation. Continue Reading Canada Invests $81.5 Million into New 159-Unit Development in Toronto
Thompson Thrift Endows $1.4 Million Gift to Indiana State University
Thompson Thrift noted that 15% of its team are counted among ISU alumni, including co-founders and CEOs Paul Thrift and John Thompson. Continue Reading Thompson Thrift Endows $1.4 Million Gift to Indiana State University
Florida Realtors Names Trey Goldman as SVP of Public Policy
Goldman was previously the Florida Realtors’ legislative counsel based in the Tallahassee public policy office. Continue Reading Florida Realtors Names Trey Goldman as SVP of Public Policy
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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.
Brown University Transfers 255-Acre Parcel to Pokanoket Indian Tribe
The property has been home to the Haffenreffer Museum of Anthropology. Continue Reading Brown University Transfers 255-Acre Parcel to Pokanoket Indian Tribe
University of Idaho Receives $160 Million for Housing Expansion
Construction can start right away and the new apartments are expected to open for the fall semester in 2026. Continue Reading University of Idaho Receives $160 Million for Housing Expansion
The Power of Resilience in Real Estate: Building Success One Day at a Time
Publisher John G. Stevens offers his insight on building a stronger future in a real estate career. Continue Reading The Power of Resilience in Real Estate: Building Success One Day at a Time
Gary Gensler to Resign as SEC Chairman on Trump’s Inauguration Day
Gensler began his SEC tenure on April 17, 2021. Continue Reading Gary Gensler to Resign as SEC Chairman on Trump’s Inauguration Day
Florida’s Housing Market: More Inventory, Easing on Median Price Acceleration
Florida’s housing market in October recorded 18,671 closed sales of existing single-family homes statewide. Continue Reading Florida’s Housing Market: More Inventory, Easing on Median Price Acceleration
New York State Home Prices Up for 16th Straight Month
Homes for sale were down statewide, totaling 28,691 properties. Continue Reading New York State Home Prices Up for 16th Straight Month
Elon Musk’s Government Efficiency Initiative Takes Aim at Empty Office Surplus
President-elect Donald Trump tasked Musk to drive DOGE to identify wasteful spending within the federal government. Continue Reading Elon Musk’s Government Efficiency Initiative Takes Aim at Empty Office Surplus
Mortgage Rates Rise Again
The 30-year fixed-rate mortgage averaged 6.84% as of Nov. 21, up from last week when it averaged 6.78%. Continue Reading Mortgage Rates Rise Again
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
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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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