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Home Affordability in Q4 Remained Mostly Elusive
ATTOM added the median sales price of a home has risen 54% over the past five years while typical wages only increased by 29%. Continue Reading Home Affordability in Q4 Remained Mostly Elusive
Home Affordability in Q4 Remained Mostly Elusive
ATTOM added the median sales price of a home has risen 54% over the past five years while typical wages only increased by 29%. Continue Reading Home Affordability in Q4 Remained Mostly Elusive
Pending Home Sales Up 3.3%
Pending home sales were up by 3.3% in November from the prior month and up by 2.6% from one year earlier, according to the National Association of Realtors (NAR). On a regional measurement, pending home sales were up month-over-month and year-over-year in the...
HUD Secretary Turner: 50-Year Mortgage Plan Needs More Research
Housing and Urban Development (HUD) Secretary Scott Turner declined to endorse President Trump’s proposal of a 50-year mortgage plan to help reanimate the housing market, stating the idea needed to be studied further before being put forth as a solution to the...
Florida GOP Governor Candidate Proposes Down Payment Program with Funds from Israeli Bonds Divestment
James Fishback, the CEO of the investment firm Azoria who is seeking the Republican nomination to become governor of Florida, has proposed divesting the state’s investment in Israeli government bonds and using the fund to provide down payment assistance to married...
NEWS & CURRENT EVENTS
Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Last June, the FHLBNY and the HDC partnered on a $150 million bond purchase in support of more than 2,250 homes across HDC programs. Continue Reading Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Teen Daughter of Geneva Financial’s Owners to Compete in F1 Academy Racing Season
MoneyGram Haas F1 Team has announced that Kaylee Countryman will represent the squad in next season’s F1 Academy Continue Reading Teen Daughter of Geneva Financial’s Owners to Compete in F1 Academy Racing Season
Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues
“We have got, like, everybody in the whole Cabinet working on trying to get housing to be more affordable,” Kevin Hassett said. Continue Reading Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues
Ex-Seattle Real Estate Agent Convicted on Multiple Fraud Charges
All the remaining investors lost their entire investments, totaling $2.4 million. Continue Reading Ex-Seattle Real Estate Agent Convicted on Multiple Fraud Charges
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Pennsylvania Home Sales Up by 6.4%
The median price for the homes sold last month was $300,000. Continue Reading Pennsylvania Home Sales Up by 6.4%
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20. Continue Reading Mortgage Rates Inch Up Slightly
Florida Businessman Sentenced for Construction Loan Fraud Schemes
David Ingram, 73, previously pleaded guilty to one count of wire fraud. Continue Reading Florida Businessman Sentenced for Construction Loan Fraud Schemes
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
Lennard Commercial Realty Opens Vancouver Office
The Vancouver office will be led by Partners Allon Shapiro and Aaron Ulinder. Continue Reading Lennard Commercial Realty Opens Vancouver Office
Existing Home Sales Up in October
“Home sales increased in October even with the government shutdown due to homebuyers taking advantage of lower mortgage rates,” said NAR Chief Economist Lawrence Yun. “ Continue Reading Existing Home Sales Up in October
Q3 Mortgage Originations Down Slightly
Mortgage activity increased quarterly in 98 of the 209 metropolitan areas analyzed by ATTOM. Continue Reading Q3 Mortgage Originations Down Slightly
The City with the Highest Mortgage Delinquency Rate Is…
San Francisco and San Jose ranked at the bottom as the cities with the lowest mortgage delinquencies. Continue Reading The City with the Highest Mortgage Delinquency Rate Is…
Fewer Homebuyers Have Post-Purchase Regret
60% of boomers reported no regrets at all, compared to 45% of Gen X, 34% of millennials and 27% of Gen Zers. Continue Reading Fewer Homebuyers Have Post-Purchase Regret
Kentucky Home Sales Plummet in October
October’s median sales price of $270,000 held steady from the previous month and was up 1.9% from one year earlier. Continue Reading Kentucky Home Sales Plummet in October
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