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NYC Personal Trainer Indicted in Rental Housing Scam
Jerry Genesis was previously indicted last February for a refund scam involving 10 victims tied to his personal training business. Continue Reading NYC Personal Trainer Indicted in Rental Housing Scam
NYC Personal Trainer Indicted in Rental Housing Scam
Jerry Genesis was previously indicted last February for a refund scam involving 10 victims tied to his personal training business. Continue Reading NYC Personal Trainer Indicted in Rental Housing Scam
Avalon Risk Management Debuts Hurricane Insurance Product
Avalon Risk Management, a provider of commercial property insurance, is now offering a hurricane insurance product for multifamily and commercial property owners in most Tier 1 wind zones. The Scottsdale, Arizona-based company stated the new product can provide...
Homeowners Face 73% Spike in Mortgage Payments If They Move
The typical mortgage holder pays roughly $1,300 in principal and interest per month, according to a new data report from Realtor.com. However, to purchase a typical home in today's market, these homeowners would need to make a monthly payment of nearly $2,236, or a...
Mortgage Credit Availability Increases for Fifth Straight Month
Mortgage credit availability was on the rise during November, according to the Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). The MCAI rose by 0.7% to 107.5 in November; the index was benchmarked to 100 in March 2012. The...
NEWS & CURRENT EVENTS
Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
The retail aspect of the property is anchored by Whole Foods, Life Time Fitness, Starbucks and Chase Bank. Continue Reading Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
Leadership Change at Mission Rock Residential
Meredith Wright, who served as president since 2021, will assume the role of CEO. Continue Reading Leadership Change at Mission Rock Residential
A Phil Hall Op-Ed: Hattie McDaniel’s Fight Against Housing Discrimination
An observance of the 80th anniversary of a housing discrimination fight led by the Oscar-winning actress. Continue Reading A Phil Hall Op-Ed: Hattie McDaniel’s Fight Against Housing Discrimination
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
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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.
Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
Multifamily Developer Confidence Rises in Q3
But confidence levels are still in negative territory. Continue Reading Multifamily Developer Confidence Rises in Q3
Mortgage Rates Inch Up Again
The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6. Continue Reading Mortgage Rates Inch Up Again
Foundation Mortgage Names Samuel Bjelac as SVP for National Sales, TPO
Bjelac most recently served in the same position at Carrington Mortgage Services. Continue Reading Foundation Mortgage Names Samuel Bjelac as SVP for National Sales, TPO
Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Investors in more affordable states were focused on lower-priced and entry-level homes. Continue Reading Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Q3 Home Prices Up in 77% of Metro Markets
Eight of the 10 most expensive markets were in California, led by the San Jose-Sunnyvale-Santa Clara metro at $1.9 million, up by 0.8% from one year earlier. Continue Reading Q3 Home Prices Up in 77% of Metro Markets
Commercial/Multifamily Borrowing Surged During Q3
Originations for office, retail, hotel, and multifamily properties fueled the year-over-year upswing. Continue Reading Commercial/Multifamily Borrowing Surged During Q3
Denver Broncos Submit Preliminary Plan for New Stadium
The team unveiled its plans for a new stadium in September, with the goal of having the facility opened in time for the 2031 NFL season. Continue Reading Denver Broncos Submit Preliminary Plan for New Stadium
David Saavedra Named CEO at the New Mexico Association of Realtors
He is the fourth CEO in two-and-a-half years. Continue Reading David Saavedra Named CEO at the New Mexico Association of Realtors
Bank of England Opts to Hold Rates Steady
The Monetary Policy Committee voted 5-4 not to cut rates at a time when the UK’s annual rate of consumer price inflation stood at 3.8%. Continue Reading Bank of England Opts to Hold Rates Steady
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