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Maine Home Sales Up 10.73% from Last Year
The median sales price for homes sold hit $426,000, up 7.85% from October 2024. Continue Reading Maine Home Sales Up 10.73% from Last Year
Maine Home Sales Up 10.73% from Last Year
The median sales price for homes sold hit $426,000, up 7.85% from October 2024. Continue Reading Maine Home Sales Up 10.73% from Last Year
New Home Sales Down 0.6% in July
Sales of new single-family houses in July were at a seasonally adjusted annual rate of 652,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development. This marked a 0.6% decline from the June’s...
Long-Lost Nazi-Looted Artwork Spotted in Online Real Estate Listing
An 18th century painting that was stolen by the Nazis from a Dutch Jewish art dealer and disappeared for decades has been spotted in an online real estate listing in Argentina. The Dutch newspaper AD reports “Portrait of a Lady” by the Italian painter Vittore...
Morgan Properties Acquires Dream Residential REIT for $354 Million
Dream Residential Real Estate Investment Trust (TSX: DRR.U, DRR.UN) is being acquired by an affiliate of Morgan Properties LP in an all-cash transaction valued at approximately $354 million. Toronto-headquartered Dream Residential REIT owns a portfolio of garden-style...
NEWS & CURRENT EVENTS
FHFA’s Pulte: ‘Moneyed Corporations’ Are Trying ‘To Stop Us’
Pulte also used his personal X account to announce Westcor was being added “to Fannie Mae’s title acceptance pilot on certain refinances.” Continue Reading FHFA’s Pulte: ‘Moneyed Corporations’ Are Trying ‘To Stop Us’
Tech Trends: In Pursuit of User-Friendly Solutions
This week’s edition of Tech Trends offers four new solutions designed to make life easier for home sellers, property managers, and real estate investors. Continue Reading Tech Trends: In Pursuit of User-Friendly Solutions
Report: Large Banks Originating More ARMs
“Future reset risk is mitigated by large banks’ continued focus on lending to borrowers with high credit scores and low leverage,” the report said. Continue Reading Report: Large Banks Originating More ARMs
Mortgage Rates Record New Uptick
The 30-year fixed-rate mortgage averaged 6.72% as of July 10. Continue Reading Mortgage Rates Record New Uptick
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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.
Builder Sentiment Inches Up for Second Straight Month
“Builders are feeling more optimistic about 2025 market conditions,” said NAHB Chairman Carl Harris, Continue Reading Builder Sentiment Inches Up for Second Straight Month
Q3 Home Seller Profit Margins Down Slightly
Homeowners who sold in the third quarter had owned their homes an average of 8.09 years. Continue Reading Q3 Home Seller Profit Margins Down Slightly
Report: The City with the Most Mortgage Delinquency Is…
Honolulu ranked as the city with the lowest level of mortgage delinquencies. Continue Reading Report: The City with the Most Mortgage Delinquency Is…
Sienna Senior Living Acquires Four-Property Portfolio in Alberta
The four properties encompass a total of 540 suites. Continue Reading Sienna Senior Living Acquires Four-Property Portfolio in Alberta
Fairway Mortgage Corp. Settles Redlining Charges, Accusing Feds of Politically Motivated Probe
The company will pay a $1.9 million civil penalty to the CFPB’s victims relief fund. Continue Reading Fairway Mortgage Corp. Settles Redlining Charges, Accusing Feds of Politically Motivated Probe
Kevin Cawley Named Chief Technology Officer at Legacy Group Capital
Cawley comes to Legacy through its acquisition of Rook Capital, where he was co-founder. Continue Reading Kevin Cawley Named Chief Technology Officer at Legacy Group Capital
Report: NFL Stadiums Could Experience $11 Billion in Losses from Climate Threats
MetLife Stadium in New Jersey was projected to incur the highest total percentage loss of 184%. Continue Reading Report: NFL Stadiums Could Experience $11 Billion in Losses from Climate Threats
Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’
“You have home prices the highest we’ve seen in two decades,” said Priscilla Almodovar. Continue Reading Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’
Airbnb Debuts Co-Host Network
Airbnb is offering a selection of more than 10,000 co-hosts across 10 countries. Continue Reading Airbnb Debuts Co-Host Network
Canada Invests Nearly $71 Million into 207 Rental Units in Montreal
Funding for this endeavor will be provided through the Apartment Construction Loan Program. Continue Reading Canada Invests Nearly $71 Million into 207 Rental Units in Montreal
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