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Ex-Realtor Association CEO Arrested on Grand Theft Charges
Jennifer Garula-Mers cost EPCAR a total loss of $81,453.92. Continue Reading Ex-Realtor Association CEO Arrested on Grand Theft Charges
Ex-Realtor Association CEO Arrested on Grand Theft Charges
Jennifer Garula-Mers cost EPCAR a total loss of $81,453.92. Continue Reading Ex-Realtor Association CEO Arrested on Grand Theft Charges
Report: Cash-Out Refinances Fuels Most Refinancing Activity
Cash-out refinances accounted for 59% of all refinance transactions in the second quarter, according to new data published in Intercontinental Exchange’s (NYSE: ICE) August 2025 Mortgage Monitor report, which noted 70% of those borrowers accepted higher interest...
Cindy Konich to Retire as Chief Executive at FHLBank Indianapolis
The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) announced Cindy Konich is retiring as president and CEO, effective Sept. 30. Konich, 68, joined FHLBank Indianapolis in 1984 as cash manager, and during her career she served in a variety of roles,...
Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
One year after putting his longtime home in New York's Shelter Island on the market, comedian Louis CK is listing it again at a significant discount. Realtor.com reports the home is now being offer for $4.3 million, which is less than half of the $9.25 million price...
NEWS & CURRENT EVENTS
Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
Year-to-date, Ginnie Mae facilitated the pooling and securitization of 268,000 loans for first-time homebuyers. Continue Reading Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
QXO Makes $5 Billion Acquisition Bid for Building Products Supplier GMS Inc.
“Our all-cash proposal to acquire GMS for $95.20 per share delivers immediate and certain value to GMS shareholders at a meaningful premium,” said QXO’s Brad Jacobs, Continue Reading QXO Makes $5 Billion Acquisition Bid for Building Products Supplier GMS Inc.
California Home Sales, Median Price Down in May
Total active listings in May rose on a year-over-year basis by nearly 50%. Continue Reading California Home Sales, Median Price Down in May
Real Estate Developer Patrick Zalupski in Talks to Buy the Tampa Bay Rays
Zalupski is the founder and CEO of Dream Finders Homes. Continue Reading Real Estate Developer Patrick Zalupski in Talks to Buy the Tampa Bay Rays
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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.
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
CBRE Adjusts 2024 Hotel Forecast, Citing Economic Conditions
CBRE is now projecting a 1.2% increase in revenue per available room growth for 2024. Continue Reading CBRE Adjusts 2024 Hotel Forecast, Citing Economic Conditions
Mortgage Rates Record Slight Uptick
The 30-year fixed-rate mortgage averaged 6.49% as of Aug. 15, up from last week when it averaged 6.49%. Continue Reading Mortgage Rates Record Slight Uptick
Trump Organization Plans Residential and Retail Project for Florida Golf Resort
The new project, which would carry the Trump brand, is budgeted at costing between $2.5 billion and $3 billion. Continue Reading Trump Organization Plans Residential and Retail Project for Florida Golf Resort
Foreclosure Activity Up During July
Nationwide, one in every 4,414 housing units had a foreclosure filing last month. Continue Reading Foreclosure Activity Up During July
UBS to Close Real Estate Fund Focused on Office Market
The market value of the fund’s assets decreased 12% during the first half of the year. Continue Reading UBS to Close Real Estate Fund Focused on Office Market
SEC Charges Todd Burkhalter and His Firm With $300 Million Real Estate Ponzi Scheme
The complaint also named Jacqueline Burkhalter, Burkhalter’s spouse, and several related entities as relief defendants Continue Reading SEC Charges Todd Burkhalter and His Firm With $300 Million Real Estate Ponzi Scheme
Former DC Housing Authority Director Files Lawsuit, Claiming She Was Harassed Into Resigning
In January 2023, Brenda Donald received a $41,250 bonus – the highest payment provided by her contract. Continue Reading Former DC Housing Authority Director Files Lawsuit, Claiming She Was Harassed Into Resigning
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