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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
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
Trump Calls on Fed Board of Governors to Overthrow Powell
Two days after the Federal Reserve opted to hold rates again, President Trump has renewed his attacks on Chairman Jerome Powell – and this time, he is calling for a leadership revolt within the central bank’s leadership team. In a posting on Truth Social, the...
Wells Fargo CEO Charles Scharf to Become Chairman of the Board
Wells Fargo & Company (NYSE: WFC) has announced CEO Charlie Scharf will become the chairman of the board. When Scharf becomes chairman, the Wells Fargo board intends to appoint a lead independent director. Scharf will receive a one-time special equity grant...
Q2 Commercial and Multifamily Mortgage Originations Up 66% from Last Year
Commercial and multifamily mortgage loan originations during the second quarter were up by 48% from the first quarter and up 66% from one year earlier, according to data from the Mortgage Bankers Association (MBA). On a year-over-year measurement, there was a 140%...
NEWS & CURRENT EVENTS
256-Unit Luxury Residential Tower to Rise Over Nairobi
Taher Saleh, managing director of SMB Properties, said, “Le Mirage Residences by CityBlue represents the pinnacle of luxury and architectural innovation in Kenya.” Continue Reading 256-Unit Luxury Residential Tower to Rise Over Nairobi
Premier Mortgage Resources Debuts Specialty Products Division
“The mortgage landscape is evolving, and so are the needs of our clients,” said Cory Swain, CEO. Continue Reading Premier Mortgage Resources Debuts Specialty Products Division
Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
His most recent effort to lure investor money came on April 25, when he used a Substack posting to solicit input from people seeking to improve their credit scores. Continue Reading Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
“Brokers who facilitate private marketplaces are likely to find themselves on the wrong side of history,” said Damian Eales. Continue Reading Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
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Mortgage Application Activity and Credit Availability Record Upticks
The Market Composite Index increased 1.4% on a seasonally adjusted basis. Continue Reading Mortgage Application Activity and Credit Availability Record Upticks
Home Seller Sues Douglas Elliman for Not Disclosing Buyer Was Jeff Bezos
Leo Kryss is suing Elliman for the $6 million that he discounted. Continue Reading Home Seller Sues Douglas Elliman for Not Disclosing Buyer Was Jeff Bezos
Trump-Harris Debate Mostly Ignores Housing Issues
The ABC News debate moderators never asked a housing-related question. Continue Reading Trump-Harris Debate Mostly Ignores Housing Issues
Annual Home Price Growth Remains Below 5%
No states posted annual home price declines. Continue Reading Annual Home Price Growth Remains Below 5%
Guest Opinion: The CFPB’s Approach to Mortgage Refinancing
CFPB Director Rohit Chopra describes his agency’s approach to regulating mortgage refinancing. Continue Reading Guest Opinion: The CFPB’s Approach to Mortgage Refinancing
Report: FTC Probes Takeover Bid of 7-Eleven Parent
Seven & i operates more than 85,000 stores with different brands across US and Asia. Continue Reading Report: FTC Probes Takeover Bid of 7-Eleven Parent
Social Media Influencer Indicted on 15 Counts Related to Real Estate Investment Fraud
Theodore Miller called himself “The Wolf of West Virginia.” Continue Reading Social Media Influencer Indicted on 15 Counts Related to Real Estate Investment Fraud
Freddie Mac Names Diana Reid as New CEO
She succeeds Michael J. DeVito, who retired earlier this year. Continue Reading Freddie Mac Names Diana Reid as New CEO
West77 Partners Expands Into Phoenix Market
The new office will handle its construction of multiple LivAway Suites extended-stay hotels in the area. Continue Reading West77 Partners Expands Into Phoenix Market
Florida Apartment Tower Transitions from Market Rate to Affordable Housing
The building is slated to receive $9 million in planned upgrades. Continue Reading Florida Apartment Tower Transitions from Market Rate to Affordable Housing
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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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