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Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
The bizarre drama involving rapper Kanye West’s one-time Malibu beach house detoured into a convoluted new chapter with the current owner facing a foreclosure threat on the property. The property spans 4,201 square feet and is constructed of approximately 1,200 tons...
More Than Two-Thirds of EU Households are Homeowners
More than two-thirds (68%) of households in the European Union (EU) owned their home, according to new data from Eurostat, with the remaining 32% living in rented housing. According to an analysis of 2024 data, Romania had the highest homeownership population, with...
CMBS Delinquency Rate Down for November
The delinquency rate for commercial mortgage-backed securities (CMBS) declined by 20 basis points in November to 7.26%, after climbing 23 basis points in October, according to new data from Trepp Inc. Year-over-year, the overall US CMBS delinquency rate is up 86 basis...
NEWS & CURRENT EVENTS
RealPage Reaches Settlement with DOJ Over Rent Collusion Case
The company viewed the settlement as a victory. Continue Reading RealPage Reaches Settlement with DOJ Over Rent Collusion Case
Real Estate Finance Firm KV Capital Expands to Toronto
The new office is the company’s third location, joining its Edmonton headquarters that opened in 2006 and a Calgary office that opened in 2023. Continue Reading Real Estate Finance Firm KV Capital Expands to Toronto
CFPB to Continue Regulatory Operations into 2026
Last week, the White House nominated Stuart Levenbach, an associate director in the Office of Management and Budget, to become the next CFPB director. Continue Reading CFPB to Continue Regulatory Operations into 2026
Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
The 1.5 million-square-foot mall was foreclosed on last week, selling for $134 million. Continue Reading Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
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$60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
The PGP offers up to a 5:1 match of member contributions up to $25,000 per FHLBank Dallas member. Continue Reading $60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
The company added that NV REIT is actively pursuing additional UPREIT and direct acquisitions across the Sunbelt and Mountain West Continue Reading Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
Federal Reserve Cuts Rates Again
The Fed warned that “uncertainty about the economic outlook remains elevated.” Continue Reading Federal Reserve Cuts Rates Again
Pending Home Sales Flat in September
Month-over-month and year-over-year pending home sales were up in the Northeast and South but declined in the Midwest and West. Continue Reading Pending Home Sales Flat in September
Report: Sales of Newly Built Homes at 4-Year Low
“Builders are hesitant to start new projects because in today’s buyer’s market, it doesn’t make financial sense,” said Jesse Landin, a Redfin Premier agent in San Antonio. Continue Reading Report: Sales of Newly Built Homes at 4-Year Low
Mortgage Application Activity Rebounds After 4 Weeks in Decline
The Refinance Index increased by 9% and was also 111% higher than the same week one year ago. Continue Reading Mortgage Application Activity Rebounds After 4 Weeks in Decline
Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
The bill is now before the Select Committee on Property Taxes. Continue Reading Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
Mortgage Cadence Acquired by Enterprise Software Group PartnerOne
The terms of the deal were not disclosed. Continue Reading Mortgage Cadence Acquired by Enterprise Software Group PartnerOne
Tel Aviv Stock Exchange to Launch New Index for Israel’s Top Real Estate Companies
The real estate sector currently accounts for 18% of TASE’s total market capitalization. Continue Reading Tel Aviv Stock Exchange to Launch New Index for Israel’s Top Real Estate Companies
Q3 Texas Home Sales Rise While Prices Decline
The median home price of $335,000 was down by 1.5% from the third quarter in 2024. Continue Reading Q3 Texas Home Sales Rise While Prices Decline
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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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