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Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
34% Property Tax Hike in Utah: Is Your City Next?
According to a report this morning in Weekly Real Estate News, the city of Ivins, Utah, approved a stunning 34% property tax increase for local homeowners. For a community already wrestling with the rising costs of housing, inflation at the grocery store, and energy...
HUD Initiates English-Only Policy for Department Services
The Department of Housing and Urban Development (HUD) is changing its internal policy for English to become its sole language in its services and affairs. The New York Post cited an internal memo obtained from HUD on the policy change, which aligns with President...
Report: Residential Building Worker Wage Growth Slowed in Q2
Real and nominal wage growth for residential building workers slowed during the second quarter, according to an analysis of Bureau of Labor Statistics data published by the National Association of Home Builders (NAHB). The new data analysis determined that the average...
NEWS & CURRENT EVENTS
Virginia Home Sales Remain Flat While Prices Continue to Rise
Virginia’s median sales price was $440,000 in May, up $15,000 since last year, reflecting a 3.5% increase. Continue Reading Virginia Home Sales Remain Flat While Prices Continue to Rise
Mortgage Rates Decline Again
The 30-year fixed-rate mortgage averaged 6.77% as of June 26. Continue Reading Mortgage Rates Decline Again
Mortgage Application Payments Increased in May
The national median mortgage payment for conventional loan applicants was $2,235, up from $2,206 in April and up from $2,226 in May 2024. Continue Reading Mortgage Application Payments Increased in May
Weis Markets Opens First New Supermarket in 3 Years
The new store is Weis’ 50th in Maryland and includes a drive-thru pharmacy and a six-pump fuel center. Continue Reading Weis Markets Opens First New Supermarket in 3 Years
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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.
Hamilton Zanze Sponsors Purchase of Nashville Apartment Community
The property is located in the heart of Nashville’s historic Music Row. Continue Reading Hamilton Zanze Sponsors Purchase of Nashville Apartment Community
FHLBank Chicago Increases Funding for Housing Counseling Resource Program
FHLBank Chicago launched the HCRP in 2022. Continue Reading FHLBank Chicago Increases Funding for Housing Counseling Resource Program
Adam Short Named Chief Investment Officer at JVM Realty
Short will succeed Steve Meyer, who transitions into the role of senior advisor at JVM. Continue Reading Adam Short Named Chief Investment Officer at JVM Realty
S&P CoreLogic Case-Shiller Index Hits All-Time High
The FHFA reported second quarter house prices were up 5.7% year-over-year. Continue Reading S&P CoreLogic Case-Shiller Index Hits All-Time High
Aurumys Expands Brokerage into Kansas City Market
The office will be led General Manager Khorey Kilgore. Continue Reading Aurumys Expands Brokerage into Kansas City Market
Lennar Opens New Master-Planned Community in Texas
Pricing begins in the mid $200,000s. Continue Reading Lennar Opens New Master-Planned Community in Texas
Square Financial Services Launches Grant Initiative for Utah Community Development
Grants will be used to finance affordable housing, small business development and entrepreneurship. Continue Reading Square Financial Services Launches Grant Initiative for Utah Community Development
Regency Centers Moves into Northern California with New Shopping Plaza
A 56,000-square-foot Safeway supermarket will serve as the anchor store. Continue Reading Regency Centers Moves into Northern California with New Shopping Plaza
Another Historic Harlem Church Being Sold to Become New Development
The Church of the Holy Rosary of the Blessed Virgin Mary was dedicated in 1900. Continue Reading Another Historic Harlem Church Being Sold to Become New Development
Proptech Start-up Helps Foreigners Navigate Japanese Housing Markets
“We developed E-Housing to address the barriers many foreigners face when searching for housing in Japan,” said CEO Erik Nas. Continue Reading Proptech Start-up Helps Foreigners Navigate Japanese Housing Markets
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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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