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Mortgage Rates Drop for Second Straight Week
The 30-year fixed-rate averaged 6.19% as of Dec. 4. Continue Reading Mortgage Rates Drop for Second Straight Week
Mortgage Rates Drop for Second Straight Week
The 30-year fixed-rate averaged 6.19% as of Dec. 4. Continue Reading Mortgage Rates Drop for Second Straight Week
Developers of Offshore Wind Project Halted by Trump Sue to Void Stop-Work Order
The developers behind the New England-area offshore wind project that was 80% completely before being abruptly halted by the Trump administration has filed a lawsuit to overturn the stop-work order. The New York Times reports Revolution Wind LLC, a joint venture...
Trump’s Fed Pick Says He Will Take Unpaid Leave from White House Job if Confirmed
Stephen Miran, President Trump’s choice to fill a temporary vacancy on the Federal Reserve Board of Governors, surprised a Senate Banking Committee confirmation hearing today by announcing he would not resign his position as chairman of the administration’s Council of...
Multifamily Mortgage Lending Up 17%
A total of $288.7 billion in new mortgages for multifamily properties with five or more units was originated in 2024, according to data from the Mortgage Bankers Association (MBA). This represented a 17% year-over-year increase. While the MBA tracked 2,463 different...
NEWS & CURRENT EVENTS
Existing Home Sales Down, Median Home Price at New High
This marked the 24th consecutive month of year-over-year price increases. Continue Reading Existing Home Sales Down, Median Home Price at New High
Mortgage Application Activity Inches Up Again
The FHA share of total applications decreased to 18.7% from 19% the week prior. Continue Reading Mortgage Application Activity Inches Up Again
A Phil Hall Op-Ed: Now, About the Fed’s HQ Renovations
Why is the White House obsessed with cost overruns on the Fed’s headquarters? Continue Reading A Phil Hall Op-Ed: Now, About the Fed’s HQ Renovations
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
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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.
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
Mortgage Rates Up for Sixth Straight Week
The 30-year fixed-rate mortgage averaged 6.79% as of Nov. 7. Continue Reading Mortgage Rates Up for Sixth Straight Week
NAR: Nearly 90% of Metro Markets Saw Q3 Home Price Gains
“Home prices remain on solid ground as reflected by the vast number of markets experiencing gains,” said NAR Chief Economist Lawrence Yun. Continue Reading NAR: Nearly 90% of Metro Markets Saw Q3 Home Price Gains
New Service Offers to Help Trump-Haters Relocate to Another Country
The service provides a free 20-minute introduction call with relocation experts. Continue Reading New Service Offers to Help Trump-Haters Relocate to Another Country
Consumer Confidence in Housing Market on the Rise
The share of consumers who believed it’s a good time to buy a home increased to 20%. Continue Reading Consumer Confidence in Housing Market on the Rise
Blackstone Acquires Retail Opportunities Investments Corp. for $4 Billion
ROIC is a real estate investment trust with a portfolio consisting of 93 grocery-anchored retail properties. Continue Reading Blackstone Acquires Retail Opportunities Investments Corp. for $4 Billion
70,680 SF Industrial Property in New Jersey Sells for $20.9 Million
This is the second recent acquisition in Moonachie by the buyer through CBRE. Continue Reading 70,680 SF Industrial Property in New Jersey Sells for $20.9 Million
UK Prime Minister Starmer Revealed as Landlord for London Property
Starmer is renting his £2 million Camden townhouse since moving into the Prime Minister’s residence at 10 Downing Street. Continue Reading UK Prime Minister Starmer Revealed as Landlord for London Property
NY Attorney General Silent on Future of Trump Civil Fraud Case Appeal
“We did not expect this result, but we are prepared to respond to this result,” she said. Continue Reading NY Attorney General Silent on Future of Trump Civil Fraud Case Appeal
Home Sales and Listings Up in Southern Nevada
Las Vegas Realtors President Merri Perry believed the conclusion of the presidential election should reanimate the housing market. Continue Reading Home Sales and Listings Up in Southern Nevada
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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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