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Mortgage Rates Drop for Fourth Straight Week
The 30-year fixed-rate mortgage averaged 6.17% as of Oct. 30. Continue Reading Mortgage Rates Drop for Fourth Straight Week
Mortgage Rates Drop for Fourth Straight Week
The 30-year fixed-rate mortgage averaged 6.17% as of Oct. 30. Continue Reading Mortgage Rates Drop for Fourth Straight Week
White House Pushes Story That Federal Reserve Hired a Crisis PR Firm
In the wake of ongoing attacks and insults from the Executive Branch against the central bank, the Trump administration is making unsubstantiated claims that Federal Reserve Chairman Jerome Powell has hired a public relations agency specializing in crisis...
Sen. Lee, Conservative Pundit Duped by Fake Powell Resignation Letter
A fake letter designed to give the appearance that Federal Reserve Chairman Jerome Powell was resigning was posted and later deleted on social media by Sen. Mike Lee (R-UT) and conservative commentator Benny Johnson. CNBC reports the letter was addressed to “The...
The 10 Most Expensive US Home Sales for June
Properties in California and Florida dominated the list of the nation’s 10 most expensive home sales during June, according to new data from Redfin. All 10 of the properties sold for more than $30 million. The most expensive US home sales of June were: 71 Beverly...
NEWS & CURRENT EVENTS
Texas Realtor Pleads Guilty to $770,000 Fraud Scheme
Mario Alberto Rodriguez will be sentenced on Aug. 12 and faces up to 20 years in federal prison and a possible $250,000 maximum fine. Continue Reading Texas Realtor Pleads Guilty to $770,000 Fraud Scheme
San Francisco’s Market Center Complex Sold at a Steep Discount
The property, which consists of adjacent 22-story and 40-story towers on Market Street, were 44% leased as of April. Continue Reading San Francisco’s Market Center Complex Sold at a Steep Discount
Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
The Chicago White Sox expressed interest in the site but demanded $1 billion in public funding to cover the development costs. Continue Reading Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
Oceanfront Oregon Hotel Listed for Sale
The hotel was built in 1966 and spans nearly 2.5 acres across five buildings, with 900 feet of exclusive beachfront access. Continue Reading Oceanfront Oregon Hotel Listed for Sale
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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.
Housing Starts Tumble by 14.1%
Housing starts were at the lowest level since May 2020. Continue Reading Housing Starts Tumble by 14.1%
Canadian Housing Starts Rise by 16%
CMHC Chief Economist Bob Dugan observed that “developers remain focused on multi-unit construction in Canada’s major centers.” Continue Reading Canadian Housing Starts Rise by 16%
The St. Joe Company Signs Two New Homebuilder Partnerships
St. Joe’s builder program now includes 19 builders. Continue Reading The St. Joe Company Signs Two New Homebuilder Partnerships
T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store
The company expects to create 200 jobs with the new store. Continue Reading T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store
David G. Paulson to Become CEO at Federal Home Loan Bank of Pittsburgh
Paulson replaces Winthrop Watson, who announced his retirement in April. Continue Reading David G. Paulson to Become CEO at Federal Home Loan Bank of Pittsburgh
Harris Pledges to Build 3 Million New Homes if Elected
The Democratic presidential nominee is only now offering a glimpse into her economic proposals. Continue Reading Harris Pledges to Build 3 Million New Homes if Elected
NAR Rival American Real Estate Association Begins Membership Drive
“We’ve been busy behind the scenes these last few months building the foundation for your new trade association,” said the co-founders in their email alert. Continue Reading NAR Rival American Real Estate Association Begins Membership Drive
Investor Home Purchases Recorded Biggest Increase in 2 Years
San Jose and Las Vegas recorded 27% year-over-year increases in investor home purchases during the second quarter. Continue Reading Investor Home Purchases Recorded Biggest Increase in 2 Years
Fewer Foreign Buyers Are Purchasing Texas Homes
About 37% of international buyers of Texas houses came from Mexico. Continue Reading Fewer Foreign Buyers Are Purchasing Texas Homes
Builder Confidence at 8-Month Low
Nonetheless, the NAHB is expecting a rosier near future. Continue Reading Builder Confidence at 8-Month Low
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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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