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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
NYC Housing Lottery Applicants Impacted by Data Breach
The confidential data of New York City residents who applied for the municipal affordable housing lottery program may have been exposed in a data breach. CBS News reports a website used to internally sort applications in the city's Housing Connect lottery program...
Mortgage Rates Dip, Homebuyer Affordability Up Slightly
A pair of new data reports showed a slight decline in mortgage rates and a slight uptick in homebuyer affordability. The 30-year fixed-rate mortgage averaged 6.72% as of July 31, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC)....
Tri Pointe Homes Opens First Community in Utah
Tri Pointe Homes Inc. (NYSE: TPH) has opened its first Utah community with Polaris at Terraine in West Jordan. The new community will begin sales on Aug. 2 with an initial 32 single-family homes up to 3,400 square feet (including finished basements), featuring three...
NEWS & CURRENT EVENTS
Florida Realtors Education Foundation Allocates $233,000 in Scholarships
All recipients are Florida residents and will attend community colleges, four-year universities, graduate programs or law schools, both in state and out-of-state. Continue Reading Florida Realtors Education Foundation Allocates $233,000 in Scholarships
Former loanDepot CEO Frank Martell Tapped to Run SmartRent
Martell replaces Shane Paladin, who stepped down in April – he had only served in the executive leadership role in January. Continue Reading Former loanDepot CEO Frank Martell Tapped to Run SmartRent
Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Redfin attributed the drop in down payment levels to a slightly higher share of homebuyers using FHA and VA loans, which require lower down payments. Continue Reading Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Lizzo acquired the 0.32-acre property from singer Harry Styles in 2022 for $15 million. Continue Reading Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
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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.
Report: Many Sellers Still Covering Buyer’s Agent Fee Despite NAR Settlement Changes
Redfin agents in the Dallas and Portland markets have seen instances of “3%” written on a lockbox. Continue Reading Report: Many Sellers Still Covering Buyer’s Agent Fee Despite NAR Settlement Changes
Realtor.com Debuts AI Design Tool for Homeowners
The new tool is powered by the residential 3D property data provider Hover. Continue Reading Realtor.com Debuts AI Design Tool for Homeowners
Landlord Agrees to Sell Colorado Complex Overrun by Venezuelan Crime Gang
Aspen Grove was shut down last month by the city amid charges that the property carried multiple health and safety issues. Continue Reading Landlord Agrees to Sell Colorado Complex Overrun by Venezuelan Crime Gang
Four-Property Commercial Portfolio in Connecticut Sells for $26.5 Million
The property had a total appraised value of $29.45 million. Continue Reading Four-Property Commercial Portfolio in Connecticut Sells for $26.5 Million
Frank Lloyd Wright’s First Commission Residence Listed at Nearly $2 Million
The Winslow House was added to the National Register of Historic Places in 1970. Continue Reading Frank Lloyd Wright’s First Commission Residence Listed at Nearly $2 Million
Big Lots Declares Bankruptcy, Announces Sale to Nexus; Future of Stores Uncertain
The company said it will “assess its operational footprint, which will include closing additional store locations.” Continue Reading Big Lots Declares Bankruptcy, Announces Sale to Nexus; Future of Stores Uncertain
Hits and Misses for the Real Estate Week of Sept. 2-6
The multiple levels of illegal immigration’s effects on housing and a 1,700-page report on a deadly building fire are part of this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Sept. 2-6
Real Estate Developer Convicted with Menendez Pleads Guilty to Bank Fraud Charge
He faces a maximum penalty of 30 years in prison and a top fine of $1 million. Continue Reading Real Estate Developer Convicted with Menendez Pleads Guilty to Bank Fraud Charge
Newsom Vetoes Bill to Provide Homebuying Assistance to Illegal Immigrants
The bill’s author, State Rep. Joaquin Arambula (D-Fresno), sought to downplay the immigrant status nature of his bill. Continue Reading Newsom Vetoes Bill to Provide Homebuying Assistance to Illegal Immigrants
Montreal Home Sales Up 9% in August
Active listings rose by 18% year-over-year to reach 17,200 listings. Continue Reading Montreal Home Sales Up 9% in August
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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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