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Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
UAE Developer RAK Properties to Accept Crypto Payments on Property Purchases
RAK Properties, the UAE real estate developer, has announced a partnership with the fintech Hubpay that will enable its international clients to purchase property using cryptocurrencies. According to the company, clients can now buy property in the Ras Al Khaimah real...
Hits and Misses for the Real Estate Week of Aug. 25-29
A fight over the Fed, an upcoming exodus of Canadians returning going home, and a growing wave of property tax reform efforts. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 25-29. Miss: How Not to Lower Interest Rates....
Las Vegas Housing Inventory Up 31% from Last Year
Las Vegas led the nation’s major metro areas with the largest number of homes for sale in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin. Last month, the total number of homes for sale in Las Vegas recorded a 31% year-over-year...
NEWS & CURRENT EVENTS
Canadian Housing Starts Up Slightly
Vancouver recorded a 74% increase in starts this month while Montreal posted an 8% year-over-year decrease and Toronto experienced a 40% year-over-year decrease. Continue Reading Canadian Housing Starts Up Slightly
Realtors Relief Foundation Allocates $500,000 to Help Texas Flooding Victims
exas Realtors will distribute the RRF grant among eight local associations. Continue Reading Realtors Relief Foundation Allocates $500,000 to Help Texas Flooding Victims
Builder Confidence Inches Up Slightly
The latest HMI survey found 38% of builders cutting prices in July, the highest percentage since NAHB began tracking this figure in 2022. Continue Reading Builder Confidence Inches Up Slightly
Mortgage Fraud Charges Against Schiff Referred to Justice Department
The case of alleged mortgage fraud by Sen. Adam Schiff (D-CA) has been referred to the Department of Justice (DOJ) for criminal prosecution. Fox News reports that Bill Pulte, director of the Federal Housing Finance Agency (FHFA), sent a letter to Attorney General Pam...
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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.
Feds Raid Home of Affordable Housing Developer
It is unclear what the agents were looking for at Frank Sinito’s home. Continue Reading Feds Raid Home of Affordable Housing Developer
NYC Passes New Law Requiring Licenses for Hotel Operators
The new law also calls for direct employment of hotel workers, with exemptions for small hotels with fewer than 100 rooms. Continue Reading NYC Passes New Law Requiring Licenses for Hotel Operators
Maine Home Sales and Prices Continue to Rise
The state’s median sales price last month was $409,450 Continue Reading Maine Home Sales and Prices Continue to Rise
Real Estate Developer Sentenced for Bribing Michigan Mayor
Shady Awad’s offerings to Mayor Richard Sollars were valued at $85,011.73 Continue Reading Real Estate Developer Sentenced for Bribing Michigan Mayor
Canada to Lower Immigration Levels, Citing Pressures on Housing Market
“Immigration is essential for Canada’s future, but it must be controlled and it must be sustainable,” said Prime Minister Trudeau. Continue Reading Canada to Lower Immigration Levels, Citing Pressures on Housing Market
San Francisco’s Biggest Mall Going to Foreclosure Auction
Mayor London Breed proposed turning the property into a soccer stadium. Continue Reading San Francisco’s Biggest Mall Going to Foreclosure Auction
LA Home Where Matthew Perry Died Sold in Off-Market Deal
Perry acquired the 3,000-square-foot, four-bedroom Pacific Palisades property in 2020 for $6 million. Continue Reading LA Home Where Matthew Perry Died Sold in Off-Market Deal
Rhode Island Association of Realtors Installs Chris Whitten as 2025 President
Whitten is the broker/owner of Premeer Real Estate. Continue Reading Rhode Island Association of Realtors Installs Chris Whitten as 2025 President
Idaho Real Estate Firm Offers Free Listings for Liberals Planning to Move Out of State
“The liberalism of today is not the liberalism of decades past,” said Mark Fitzpatrick of Idaho Wild. Continue Reading Idaho Real Estate Firm Offers Free Listings for Liberals Planning to Move Out of State
Final Offer Platform Expands to 3 More States
Final Offer is now available in 11 states and Washington, DC, as well as Ontario and Alberta in Canada. Continue Reading Final Offer Platform Expands to 3 More States
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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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