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Median Monthly Housing Payment in Biggest Decline Since Last November
Redfin attributed the lower payment level to declining mortgage rates. Continue Reading Median Monthly Housing Payment in Biggest Decline Since Last November
Median Monthly Housing Payment in Biggest Decline Since Last November
Redfin attributed the lower payment level to declining mortgage rates. Continue Reading Median Monthly Housing Payment in Biggest Decline Since Last November
USDA to Relocate Majority of Staff and Vacate DC Office Space
The US Department of Agriculture (USDA) has announced a phased plan to vacate much of its office space in the National Capital Region (NCR) and relocate most of its staff to five hub locations across the country. The USDA currently has approximately 4,600 employees...
Barry Habib Added to Fannie Mae’s Board of Directors
Fannie Mae (OTCQB: FNMA) has added Barry Habib, CEO of MBS Highway and a longtime media commentator on the housing market, to its board of directors. Habib’s appointment follows a seven-minute video that he posted to social media where he offered a harsh criticism of...
Development Promoted as ‘First Solar Town’ Planned for Houston Area
ASC Global Inc., a Bradenton, Florida-based subsidiary of Token Communities (OTC: TKCM) announced it is moving forward with plans to build its APOZ Project (Asia Pacific Opportunity Zone), which is being promoted as the nation’s first solar town. The APOZ Project is...
NEWS & CURRENT EVENTS
California Program to Offer Mortgage Relief to Disaster Victims
Eligible homeowners will be able to apply for grants covering up to three months of mortgage payments, up to $20,000 total. Continue Reading California Program to Offer Mortgage Relief to Disaster Victims
Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
Simmons acquired the property for $670,000 in the early 1980s when his celebrity status began to rise. Continue Reading Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
New Forecast Warns of Severe Drop in Boston’s Office Property Tax Revenues
The forecast predicted the city government will need to enact a residential property tax rate hike between 1.27% and 1.38% to fill the revenue gap over the coming five years. Continue Reading New Forecast Warns of Severe Drop in Boston’s Office Property Tax Revenues
Merger Between Property Management Divisions of Alfred and Quarterra
Brad Greiwe, CEO of Quarterra, will join the Alfred board of directors. Continue Reading Merger Between Property Management Divisions of Alfred and Quarterra
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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.
Survey: One-Quarter of Canadians Actively Saving for Home Purchase
The survey found 28% of respondents claiming they are considering moving to another country. Continue Reading Survey: One-Quarter of Canadians Actively Saving for Home Purchase
Lennar Unveils New Townhome Community in Miami Metro Area
The two-story townhomes range from 1,330 to 1,545 square feet. Continue Reading Lennar Unveils New Townhome Community in Miami Metro Area
Nick Bailey Named Chief Real Estate Officer at T3 Sixty
Bailey was previously president and CEO of RE/MAX. Continue Reading Nick Bailey Named Chief Real Estate Officer at T3 Sixty
EagleBank Names Evelyn Lee as Chief Lending Officer for C&I
Lee most recently served as the executive vice president and regional president of Truist Financial Corp. Continue Reading EagleBank Names Evelyn Lee as Chief Lending Officer for C&I
Colorado Mayor Seeks Emergency Court Order Against Venezuelan Criminal Gang
Colorado Gov. Polis continues to downplay the seriousness of the gang’s presence. Continue Reading Colorado Mayor Seeks Emergency Court Order Against Venezuelan Criminal Gang
Hits and Misses for the Real Estate Week of Aug. 26-29
This week’s Hits and Misses include the California state government’s unique housing policy priorities and the debate over Fed rate cuts. Continue Reading Hits and Misses for the Real Estate Week of Aug. 26-29
Mauricio Umansky Sued for Alleged Misuse of Pandemic Relief Funds
The lawsuit is requesting that Umansky and The Agency pay equal to three times the amount of damages caused. Continue Reading Mauricio Umansky Sued for Alleged Misuse of Pandemic Relief Funds
MBA: Housing Affordability Improved in July
The national median mortgage payment for FHA loan applicants was $1,838 in July, down from $1,907 in June. Continue Reading MBA: Housing Affordability Improved in July
Charles El-Moussa Named General Counsel at Midwest Real Estate Data
El-Moussa’s career included previous roles as president at Coldwell Banker Realty and general counsel and chief operating officer at RE/MAX in Texas. Continue Reading Charles El-Moussa Named General Counsel at Midwest Real Estate Data
CFPB Fines NewDay USA $2.25 Million Over Misleading Costs on Cash-Out Refinance Loans
CFPB Director Rohit Chopra said, “NewDay USA’s misconduct has no place in the VA home loan program.” Continue Reading CFPB Fines NewDay USA $2.25 Million Over Misleading Costs on Cash-Out Refinance Loans
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