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Government Watchdog Agency Opens Probe into FHFA’s Pulte
Pulte and the FHFA did not publicly comment on the report. Continue Reading Government Watchdog Agency Opens Probe into FHFA’s Pulte
Government Watchdog Agency Opens Probe into FHFA’s Pulte
Pulte and the FHFA did not publicly comment on the report. Continue Reading Government Watchdog Agency Opens Probe into FHFA’s Pulte
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
Two Texas Realtor Organizations Announce Merger
MetroTex and CCAR officials said the unified body will result in a stronger legislative influence, reduce duplicated services, and bring down member costs. Continue Reading Two Texas Realtor Organizations Announce Merger
Luigi Favaro Named CEO of Ontario Real Estate Association
He replaces Tim Hudak, who stepped down last August. Continue Reading Luigi Favaro Named CEO of Ontario Real Estate Association
Texas AG Paxton Accuses Rival of Planting ‘Fake’ Story on Mortgage Fraud
“There will be accountability for this blatantly false story,” Paxton wrote online. Continue Reading Texas AG Paxton Accuses Rival of Planting ‘Fake’ Story on Mortgage Fraud
Flood Insurance Relief Legislation Reintroduced in Congress
The bill’s proposed deduction would not apply to individuals who have a gross income of more than $200,000 or $400,000 for joint filers. Continue Reading Flood Insurance Relief Legislation Reintroduced in Congress
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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.
Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area
The financial terms of the acquisitions were not disclosed. Continue Reading Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area
Jay Crowell Named National Retail Division President at Cornerstone Home Lending
He most recently served as president of the Pacific Northwest region. Continue Reading Jay Crowell Named National Retail Division President at Cornerstone Home Lending
Marriott International Announces 100th Property in Japan
The Four Points Flex brand is designed for the value-conscious consumer. Continue Reading Marriott International Announces 100th Property in Japan
Hits and Misses for the Real Estate Week of Nov. 11-15
Alternatives to Chicago property taxes, a mega-million condo sale loss and a proposal to bend the Manhattan skyline are part of this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Nov. 11-15
Ginnie Mae Acting President Sam Valverde to Resign
Senior Vice President and Chief Risk Officer Gregory Keith will assume the responsibilities of president at Ginnie Mae. Continue Reading Ginnie Mae Acting President Sam Valverde to Resign
Connecticut’s Christmas Movie Trail Celebrates Locales Used in Romantic Dramas
The productions contribute over $58 million to the state’s economy and create more than 2,000 jobs. Continue Reading Connecticut’s Christmas Movie Trail Celebrates Locales Used in Romantic Dramas
Virginia Initiatives Link Economic Development with Workforce Housing
“Virginia is growing and we need to make sure the supply of housing can meet our surging demand,” said Gov. Youngkin. Continue Reading Virginia Initiatives Link Economic Development with Workforce Housing
New Book Offers Guide to Foreign Real Estate Investment in Vietnam
“Vietnam Real Estate for Foreigners” is authored by Đoàn Văn Bình, vice president of the Vietnam National Real Estate Association. Continue Reading New Book Offers Guide to Foreign Real Estate Investment in Vietnam
Redfin CEO to Trump: We Need More Homes Now!
Kelman credited Trump’s return to the White House to younger Americans who were unhappy with the current housing market. Continue Reading Redfin CEO to Trump: We Need More Homes Now!
Canadian Home Sales Spiked in October
The National Composite MLS Home Price Index dipped by 0.1% from September to October Continue Reading Canadian Home Sales Spiked in October
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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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