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Toronto Home Sales and Prices Down in November
The average selling price of $1.03 million was 6.4% lower compared to November 2024. Continue Reading Toronto Home Sales and Prices Down in November
Toronto Home Sales and Prices Down in November
The average selling price of $1.03 million was 6.4% lower compared to November 2024. Continue Reading Toronto Home Sales and Prices Down in November
Mortgage Rates Continue to Fall
The 30-year fixed-rate mortgage averaged 6.50% as of Sept. 4, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.56%, but it is also up from one year ago when it averaged 6.35%....
CFPB’s Vought: Government Accountability Office ‘Should Not Exist’
Russell Vought, the director of the Office of Management and Budget and interim director of the Consumer Financial Protection Bureau, has called for the closing of the Government Accountability Office (GAO). Axios reports Vought made his thoughts known during a speech...
Report: DOJ Begins Criminal Probe into Mortgage Fraud Accusations Against Fed Gov. Lisa Cook
The Trump administration’s effort to oust Lisa Cook from her position as a governor on the Federal Reserve Board took a new twist as the Department of Justice (DOJ) is reportedly opening a criminal investigation into the accusations that Cook committed mortgage fraud....
NEWS & CURRENT EVENTS
Virginia Home Sales Surge Amid Wider Inventory
The median sales price in Virginia was $446,144 in June, up by almost $15,000 for a 3.4% year-over-year uptick. Continue Reading Virginia Home Sales Surge Amid Wider Inventory
Alabama Home Sales Up 8.2%
Alabama’s median sales price last month was $233,458, a 1.4% increase from May and a 2% annual increase. Continue Reading Alabama Home Sales Up 8.2%
White House Pushes Story That Federal Reserve Hired a Crisis PR Firm
Blair offered no proof that the Fed has hired an outside public relations agency. Continue Reading White House Pushes Story That Federal Reserve Hired a Crisis PR Firm
Sen. Lee, Conservative Pundit Duped by Fake Powell Resignation Letter
The letter featured an unreasonable facsimile of the Fed’s seal that included non-English lettering. Continue Reading Sen. Lee, Conservative Pundit Duped by Fake Powell Resignation Letter
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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.
HUD Announces $115,000 Settlement of Denver Disability Discrimination Case
“Local governments are required to make reasonable accommodations to zoning laws,” said HUD’s Diane M. Shelley. Continue Reading HUD Announces $115,000 Settlement of Denver Disability Discrimination Case
Furniture Retailer American Freight to Shut Down All 328 Stores
The store closings are part of Chapter 11 bankruptcy proceedings by Franchise Group Inc., its parent company. Continue Reading Furniture Retailer American Freight to Shut Down All 328 Stores
Special City Council Meeting Sought to Stop Chicago Mayor’s Property Tax Hike Proposal
In March, Chicago voters rejected a referendum on the so-called “mansion tax.” Continue Reading Special City Council Meeting Sought to Stop Chicago Mayor’s Property Tax Hike Proposal
PNC Bank to Double Branch Expansion Plans
These plans expand upon the 100 new locations and 1,200 branch renovations announced in February. Continue Reading PNC Bank to Double Branch Expansion Plans
Greenstone Partners Promotes Brewster Hague to Partner
Greenstone Partners, a Chicago-based commercial real estate brokerage firm, has promoted Brewster Hague from senior director to partner. Continue Reading Greenstone Partners Promotes Brewster Hague to Partner
Mortgage Delinquency Rate Up Slightly from Last Year
The effects of Hurricanes Helene and Milton will likely impact the next quarterly report. Continue Reading Mortgage Delinquency Rate Up Slightly from Last Year
Q3 Multifamily Property Developer Sentiment is Mixed
“We expect multifamily construction to remain weak for another year,” said NAHB Chief Economist Robert Dietz. Continue Reading Q3 Multifamily Property Developer Sentiment is Mixed
Federal Reserve Enacts Second Consecutive Rate Cut
The Fed said it “will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities.” Continue Reading Federal Reserve Enacts Second Consecutive Rate Cut
Two New Partnerships Designed to Expand Homeownership Among Tribal Communities
According to Census Bureau data, 56.7% of Native American households owned their homes between 2015-2019. Continue Reading Two New Partnerships Designed to Expand Homeownership Among Tribal Communities
California Housing Affordability Improved Slightly in Q3
State residents needed a minimum annual income of $220,800 to qualify for the purchase of an $880,250 statewide median-priced, existing single-family home. Continue Reading California Housing Affordability Improved Slightly in Q3
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