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Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Berkshire Hathaway added that Buffett “has rarely commented publicly since Berkshire’s shareholder’s meeting last May.” Continue Reading Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Berkshire Hathaway added that Buffett “has rarely commented publicly since Berkshire’s shareholder’s meeting last May.” Continue Reading Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
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...
CMBS Delinquency Rate Rises for Fifth Straight Month
The delinquency rate for commercial mortgage-backed securities (CMBS) rose for the first consecutive month during July, with a 10-basis-point uptick to 7.23%. Year over year, the overall CMBS delinquency rate is up 180 basis points from 5.23%. According to data from...
NEWS & CURRENT EVENTS
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
Historic San Francisco Theater to be Renovated and Reopened
Ted Gerike, founder of the Los Angeles cinema and bookstore Now Instant Image Hall, was hired as the theater’s creative director. Continue Reading Historic San Francisco Theater to be Renovated and Reopened
HUD and Ginnie Mae in Housing Finance Deal with South Korea
The agreement is designed to identify and remove barriers to public and private capital flows into housing finance systems, with an emphasis on long-term, stable investment. Continue Reading HUD and Ginnie Mae in Housing Finance Deal with South Korea
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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.
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
Toll Brothers Unveils New Community in Florida
Homes will be priced from $1.9 million, and the community is expected to open for sale in early 2025. Continue Reading Toll Brothers Unveils New Community in Florida
Ken Bjurstrom Named Chief Risk Officer at Euclid Mortgage
Bjurstrom previously served as principal of the Milliman Mortgage Credit Risk Practice. Continue Reading Ken Bjurstrom Named Chief Risk Officer at Euclid Mortgage
Where Have the Property Rights Gone?: John G. Stevens’ Perspective
Property rights in the United States are at a critical juncture. Continue Reading Where Have the Property Rights Gone?: John G. Stevens’ Perspective
Report: Colorado Officials Told About Venezuelan Gang Presence Weeks Before the Story Went Public
Initially, officials in Aurora disputed reports on the gang’s activity as exaggerated and false. Continue Reading Report: Colorado Officials Told About Venezuelan Gang Presence Weeks Before the Story Went Public
Philadelphia 76ers Being Lured to Relocate into Proposed New Jersey Arena
The 76ers are based at the Wells Fargo Center in Philadelphia, but their lease ends after the 2030-31 season. Continue Reading Philadelphia 76ers Being Lured to Relocate into Proposed New Jersey Arena
Microsoft Pays $330 Million for Silicon Valley Campus
The 33.3-acre site is Microsoft’s primary campus and employment hub in the Bay Area. Continue Reading Microsoft Pays $330 Million for Silicon Valley Campus
LL Flooring to Shutter Retail Store Network
The closure process is expected to take 12 weeks to complete, with 2,000 employees losing their jobs. Continue Reading LL Flooring to Shutter Retail Store Network
7-Eleven Parent Company Rejects Takeover Bid
The target company complained the bid was “opportunistically timed and grossly undervalues our standalone path.” Continue Reading 7-Eleven Parent Company Rejects Takeover Bid
Mauricio Umansky: ‘We’re Not Going to See Prices Go Down’
Umansky was skeptical about the Kamala Harris proposed tax credit for first-time buyers. Continue Reading Mauricio Umansky: ‘We’re Not Going to See Prices Go Down’
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