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Mortgage Credit Availability at 3-Year High
“Credit availability in October rose to its highest level since 2022 as investors broadened their loan offerings over the month,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at 3-Year High
Mortgage Credit Availability at 3-Year High
“Credit availability in October rose to its highest level since 2022 as investors broadened their loan offerings over the month,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at 3-Year High
Montreal Home Sales Up 10% Year-Over-Year
The Montreal Census Metropolitan Area (CMA) recoded 3,731 residential in July, a 10% year-over-year hike and the highest level of transactional activity since the 2021 peak during the pandemic. According to the Quebec Professional Association of Real Estate Brokers...
Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
At a time when many localities and states are agitating to lower their property taxes, homeowners in Anaheim Hills, California, approved a property tax hike that is designed to preserve their community. According to Realtor.com, the community located 20 minutes from...
Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
The Houston-headquartered manufactured and modular housing provider Oak Creek Homes is conducting a “Tax-Free Weekend Sale” over Aug. 15–16 that is designed to save buyers up to $10,000 on select factory-built residences. “We can deliver homes to Texas, Oklahoma,...
NEWS & CURRENT EVENTS
New York State Home Sales Down 11% Despite Increase in Listings
The median sales price in New York State for May was $436,000, up 3.8% from the $420,000 price set one year earlier. Continue Reading New York State Home Sales Down 11% Despite Increase in Listings
Fed’s Bowman Open to Supporting July Rate Cut
Bowman follows Fed Governor Christopher Waller, who stated last Friday that the central bank was “in the position” to enact a rate cut “as early as July.” Continue Reading Fed’s Bowman Open to Supporting July Rate Cut
Connecticut Governor Vetoes Affordable Housing Bill
“I’m not happy with the local red tape, but I want the towns to take the lead,” said Gov. Ned Lamont. Continue Reading Connecticut Governor Vetoes Affordable Housing Bill
Compass Sues Zillow Over ‘Anticompetitive’ Ban on Private Listings
“No one company should have the power to ban agents or listings simply because they don’t follow that company’s business model,” said Compass CEO Robert Reffkin. Continue Reading Compass Sues Zillow Over ‘Anticompetitive’ Ban on Private Listings
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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 and Ginnie Mae to Host Summit on Mortgage Market Liquidity
The summit will include guest experts from the federal government, private sector, and housing industry. Continue Reading HUD and Ginnie Mae to Host Summit on Mortgage Market Liquidity
FHFA Proposes Rule to Expand Access to Liquidity for the Federal Home Loan Banks
The proposed rule would clarify the terms used by the FHLBanks to determine limits on unsecured credit to counterparties. Continue Reading FHFA Proposes Rule to Expand Access to Liquidity for the Federal Home Loan Banks
NYC Condo Complex Offers Residents to Buy Parking Spaces for $500,000
There are currently 92 spaces available in the underground parking lot for the 91-unit, 15-story luxury complex. Continue Reading NYC Condo Complex Offers Residents to Buy Parking Spaces for $500,000
Report: Only 2.5% of Homes Changed Hands This Year
Redfin found that while starter home prices were up 4.2% year-over-year. Continue Reading Report: Only 2.5% of Homes Changed Hands This Year
China to Introduce Refinancing for Mortgages
The policy change goes into effect on Nov. 1. Continue Reading China to Introduce Refinancing for Mortgages
Simon Property Group Unveils Marketing Campaign to Encourage Mall Shopping
The campaign is now live on premium streaming services such as Netflix, Peacock, Hulu and Disney +, as well as on Instagram, TikTok, and YouTube. Continue Reading Simon Property Group Unveils Marketing Campaign to Encourage Mall Shopping
Blackwell 3D Construction in New Pact to Secure Financing for Dubai Ventures
The partnership will focus on securing investments for a series of mixed-use developments and commercial projects across Dubai. Continue Reading Blackwell 3D Construction in New Pact to Secure Financing for Dubai Ventures
Embattled CEO of Steward Health Care to Step Down
Steward filed for bankruptcy in May and announced it would address its $9 billion in debt by selling its 31 hospitals. Continue Reading Embattled CEO of Steward Health Care to Step Down
Hits and Misses for the Real Estate Week of Sept. 23-27
Kamala Harris talks about housing, K-Mart disappears from the retail scene and an Oscar nominee turns landlord in this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Sept. 23-27
Helene Rips Through Southeast, Leaving at Least 25 Dead
More than 4.6 million customers in nine states lost power. Continue Reading Helene Rips Through Southeast, Leaving at Least 25 Dead
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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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