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Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
Pittsburgh Universities Put Students in Hotels as Enrollment Overwhelms Dorm Availability
Hundreds of students heading to a pair of Pittsburgh universities will be spending their fall semester in hotels instead of dormitories because the schools brought in larger-than-anticipated freshman classes. Axios reports the University of Pittsburgh is placing 250...
Trump on Fed Governor Accused of Mortgage Fraud: ‘I’ll Fire Her if She Doesn’t Resign’
President Trump said he would fire Federal Reserve Gov. Lisa D. Cook if she refused to step down in the wake of accusations that she committed mortgage fraud. This morning, Trump was asked about Cook during a visit to a Washington museum. Trump responded, "I’ll fire...
Virginia Home Sales Up 2.4%
Virginia recorded 10,182 closed sales during July, which is 235 more than one year ago, a 2.4% uptick. According to Virginia Realtors, July, marked the second consecutive month of increased sales activity, although year-to-date sales totals are flat compared to one...
NEWS & CURRENT EVENTS
Asking Rents Down for Fourth Straight Month
On a month-over-month basis, asking rents rose 0.6%. Continue Reading Asking Rents Down for Fourth Straight Month
Mortgage Application Activity Up 9.4%
The Refinance Index increased 9% from the previous week and was 56% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 9.4%
FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
The FTC will send checks and PayPal payments to 960 affected consumers. Continue Reading FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
Residential Transition Lender Dunmor Opens Wholesale Broker Division
Products will include bridge loans, fix and flip loans, ground-up construction loans, and multifamily loans. Continue Reading Residential Transition Lender Dunmor Opens Wholesale Broker Division
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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.
FHFA Debuts National Datasets on Manufactured Home Price Trends
The Q2 median price of manufactured homes for sale was $231,000. Continue Reading FHFA Debuts National Datasets on Manufactured Home Price Trends
New Report Details Discrimination Against Section 8 Housing Voucher Tenants in California
Agents from eXp Realty and Sotheby’s International Realty were cited in the report. Continue Reading New Report Details Discrimination Against Section 8 Housing Voucher Tenants in California
Bronx Real Estate Broker Arrested for Investment Fraud and Deed Theft Schemes
Marcia Campbell was accused of conducting three different real estate investment scams. Continue Reading Bronx Real Estate Broker Arrested for Investment Fraud and Deed Theft Schemes
Study: Maui Wildfires Survivors Face Higher Rents, Deeper Poverty
29% of fire-affected households now live below the poverty line, compared to 14% before the fires. Continue Reading Study: Maui Wildfires Survivors Face Higher Rents, Deeper Poverty
Moscow’s Luxury Housing Market Sales Hits Record High
1,270 luxury apartments were sold in Moscow between January and September. Continue Reading Moscow’s Luxury Housing Market Sales Hits Record High
New Coalition Seeks to Address Racial Disparities in Homeownership
“The barriers to minority homeownership require a collective effort,” said MBA President and CEO Bob Broeksmit. Continue Reading New Coalition Seeks to Address Racial Disparities in Homeownership
Mortgage Application Activity Slows Down
The seasonally adjusted Purchase Index dipped by a scant 0.1% from one week earlier. Continue Reading Mortgage Application Activity Slows Down
Las Vegas’ Iconic Tropicana Hotel is Demolished
The hotel was featured in the 1971 James Bond film “Diamonds Are Forever.” Continue Reading Las Vegas’ Iconic Tropicana Hotel is Demolished
Forecast: Utah to Add Over 500,000 New Residents in the Next 10 Years
The median age is projected to increase by 2.5 years over the decade (32.7 to 35.2). Continue Reading Forecast: Utah to Add Over 500,000 New Residents in the Next 10 Years
Analysts Forecast Hurricane Milton Could Damage Disney’s Earnings
Disney World is still open and operational ahead of the hurricane. Continue Reading Analysts Forecast Hurricane Milton Could Damage Disney’s Earnings
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