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Report: Home Delistings Up 28% Year-Over-Year
Roughly one in five homes that were delisted over the summer were re-listed within three months. Continue Reading Report: Home Delistings Up 28% Year-Over-Year
Report: Home Delistings Up 28% Year-Over-Year
Roughly one in five homes that were delisted over the summer were re-listed within three months. Continue Reading Report: Home Delistings Up 28% Year-Over-Year
Q2 Mortgage Delinquency Rate Down Slightly
The second quarter delinquency rate for mortgage loans on one-to-four-unit residential properties declined to a seasonally adjusted rate of 3.93% of all loans outstanding, according to data from the Mortgage Bankers Association (MBA). The delinquency rate was down 11...
Building Permits for Apartments Down 23% Since the Pandemic Construction Boom
Developers obtained permits to build an average of 12.8 multifamily housing units for every 10,000 people over the past year, according to a new report from Redfin. This is down by 23.1% from an average of 16.7 during the pandemic building boom, and it is also down by...
Indiana Home Sales Up 9% From One Year Ago
Indiana recorded 7,749 home sales in July, a 1% increase from one year before, while new pending sales totaled 7,853 transactions, up 9% from the prior year. According to the Indiana Association of Realtors (IAR), July's 10,115 new listings marked a 9% year-over-year...
NEWS & CURRENT EVENTS
Al Sharpton Recruited to Encourage Low-Income Investors for Times Square Casino Project
“A New York casino belongs in Times Square, and it should be designed to benefit all New Yorkers,” said Sharpton. Continue Reading Al Sharpton Recruited to Encourage Low-Income Investors for Times Square Casino Project
Ouch! New Home Sales Down by 13.7%
The median sales price of new houses sold in May was $426,600, a 3.7% uptick from the April price of $411,400. Continue Reading Ouch! New Home Sales Down by 13.7%
$110 Million Los Angeles Estate is May’s Most Expensive Home Sale
The most expensive current listing is 1960 S. Ocean Blvd, Manalapan, Florida 33462 at $285 million. Continue Reading $110 Million Los Angeles Estate is May’s Most Expensive Home Sale
Trump Administration Intervenes in Eminent Domain Case Over NJ Family-Owned Farm
Agriculture Secretary Rollins said that “the Biden-style government takeover of our family farms is over.” Continue Reading Trump Administration Intervenes in Eminent Domain Case Over NJ Family-Owned Farm
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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.
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
Lennar Unveils New Townhome Community in Miami Metro Area
The two-story townhomes range from 1,330 to 1,545 square feet. Continue Reading Lennar Unveils New Townhome Community in Miami Metro Area
Nick Bailey Named Chief Real Estate Officer at T3 Sixty
Bailey was previously president and CEO of RE/MAX. Continue Reading Nick Bailey Named Chief Real Estate Officer at T3 Sixty
EagleBank Names Evelyn Lee as Chief Lending Officer for C&I
Lee most recently served as the executive vice president and regional president of Truist Financial Corp. Continue Reading EagleBank Names Evelyn Lee as Chief Lending Officer for C&I
Colorado Mayor Seeks Emergency Court Order Against Venezuelan Criminal Gang
Colorado Gov. Polis continues to downplay the seriousness of the gang’s presence. Continue Reading Colorado Mayor Seeks Emergency Court Order Against Venezuelan Criminal Gang
Hits and Misses for the Real Estate Week of Aug. 26-29
This week’s Hits and Misses include the California state government’s unique housing policy priorities and the debate over Fed rate cuts. Continue Reading Hits and Misses for the Real Estate Week of Aug. 26-29
Mauricio Umansky Sued for Alleged Misuse of Pandemic Relief Funds
The lawsuit is requesting that Umansky and The Agency pay equal to three times the amount of damages caused. Continue Reading Mauricio Umansky Sued for Alleged Misuse of Pandemic Relief Funds
MBA: Housing Affordability Improved in July
The national median mortgage payment for FHA loan applicants was $1,838 in July, down from $1,907 in June. Continue Reading MBA: Housing Affordability Improved in July
Charles El-Moussa Named General Counsel at Midwest Real Estate Data
El-Moussa’s career included previous roles as president at Coldwell Banker Realty and general counsel and chief operating officer at RE/MAX in Texas. Continue Reading Charles El-Moussa Named General Counsel at Midwest Real Estate Data
CFPB Fines NewDay USA $2.25 Million Over Misleading Costs on Cash-Out Refinance Loans
CFPB Director Rohit Chopra said, “NewDay USA’s misconduct has no place in the VA home loan program.” Continue Reading CFPB Fines NewDay USA $2.25 Million Over Misleading Costs on Cash-Out Refinance Loans
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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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