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Mortgage Application Activity Remains Mostly Flat
“The government purchase index, which includes FHA, VA, and USDA applications, increased 9 percent and had the strongest week since 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Remains Mostly Flat
Mortgage Application Activity Remains Mostly Flat
“The government purchase index, which includes FHA, VA, and USDA applications, increased 9 percent and had the strongest week since 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Remains Mostly Flat
Connecticut Cities Increase Fines Against Landlords with Blighted Properties
A pair of Connecticut cities are taking a tougher new approach to fighting neighborhood blight by upping fines against the owners of the rundown properties. WFSB reports the City of New Haven announced a new plan that increases the fine for a blighted property from...
Essay Contest Offers Unique Grand Prize: A Luxury Home in Virginia
A new contest is underway with a $1.8 million property in Fredericksburg, Virginia, as the grand prize – and the winner of this competition will be judged solely on their literary skills. The new "Write Your Way Home" Contest challenges entrants to submit a 250- to...
Canadian Home Sales and Prices Up During July
Home sales across Canada during July were up 3.8% month-over-month and up 6.6% year-over-year, according to data from the Canadian Real Estate Association (CREA). The number of home sales recorded over Canadian MLS Systems rose by 3.8% from June to July. However, the...
NEWS & CURRENT EVENTS
Report: Affordable Homeownership Remains Mostly Elusive
California had 16 of the 25 counties where affordable homeownership requires the highest annual income. Continue Reading Report: Affordable Homeownership Remains Mostly Elusive
Pending Home Sales Up in May
“Consistent job gains and rising wages are modestly helping the housing market,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Up in May
Greystar in $1.4 Million Settlement for Unlawful Charges on Military Servicemembers
Greystar will pay triple damages to the servicemembers who paid the early termination charges. Continue Reading Greystar in $1.4 Million Settlement for Unlawful Charges on Military Servicemembers
Global Wellness Real Estate Market Predicted to Reach $941 Billion by 2030
High construction costs are seen as a challenge to this sector’s growth. Continue Reading Global Wellness Real Estate Market Predicted to Reach $941 Billion by 2030
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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.
Global Net Lease Sells Two More Properties in Strategic Disposition Plan
Michael Weil, CEO of GNL, stated, “We are pleased with the rapid progress of our strategic disposition initiative.” Continue Reading Global Net Lease Sells Two More Properties in Strategic Disposition Plan
Historic Newport Mansion’s $10.8 Million Sale is Rhode Island’s Biggest of 2024
The Orchard last changed hands in 2018 for $4.35 million. Continue Reading Historic Newport Mansion’s $10.8 Million Sale is Rhode Island’s Biggest of 2024
CMBS Delinquency Rate Inches Up
The multifamily sector fueled the uptick. Continue Reading CMBS Delinquency Rate Inches Up
Finland Seeks to Ban Real Estate Purchases by Russians
The proposed policy change did not specifically name Russia, but made it obvious which nation was being targeted. Continue Reading Finland Seeks to Ban Real Estate Purchases by Russians
Oregon Real Estate Investment Firm Owners Indicted on Fraud Charges
Christensen and Matic have been charged in a 21-count indictment with conspiracy to commit wire fraud, wire fraud, and money laundering. Continue Reading Oregon Real Estate Investment Firm Owners Indicted on Fraud Charges
DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements
The city was accused of failing to maintain a publicly available list of accessible units and their accessibility features. Continue Reading DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements
Dan Sogorka Named General Manager of Rocket Pro TPO
Sogorka previously served as CEO and president of Sagent, a fintech company that designs and builds digital mortgage servicing platforms. Continue Reading Dan Sogorka Named General Manager of Rocket Pro TPO
Colorado City Blames Media for ‘Misleading Information’ on Venezuelan Gang Presence
“It is tragic that select individuals and entities have mischaracterized our city based on isolated incidents,” said the city government on X. Continue Reading Colorado City Blames Media for ‘Misleading Information’ on Venezuelan Gang Presence
Planned Soccer Stadium for Connecticut Delayed Until at Least 2026
Bridgeport has a history where big projects were announced but never begun. Continue Reading Planned Soccer Stadium for Connecticut Delayed Until at Least 2026
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
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