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Alabama Home Sales Up, Reversing Three-Month Decline
Alabama saw 416 foreclosures in November, down by 3.7% from the prior month and a 22.2% annual decrease. Continue Reading Alabama Home Sales Up, Reversing Three-Month Decline
Alabama Home Sales Up, Reversing Three-Month Decline
Alabama saw 416 foreclosures in November, down by 3.7% from the prior month and a 22.2% annual decrease. Continue Reading Alabama Home Sales Up, Reversing Three-Month Decline
Big Lots to Start ‘Going Out of Business’ Sales at Remaining Stores
The discount retailer Big Lots Inc. has announced it will begin going out of business (GOB) sales at all its remaining stores. The company, which declared bankruptcy in September, issued a statement that declared it did not anticipate completing its asset purchase...
Existing Home Sales Up in November
Existing home sales were on the rise in November, according to new data from the National Association of Realtors (NAR). Last month, total existing home sales were up 4.8% from October to a seasonally adjusted annual rate of 4.15 million in November. On a...
Mortgage Rates Rise Ahead of Christmas
Mortgage rates shot up again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.72% as of Dec. 19, up from last week when it averaged 6.60%. A year ago at this time, it averaged 6.67%. The...
NEWS & CURRENT EVENTS
Canadian Home Sales Rise by Nearly 3%
The sales spike occurred despite the 0.5% month-over-month drop in newly listed properties. Continue Reading Canadian Home Sales Rise by Nearly 3%
NAR Hires Advertising Agency to Help Improve Its Image
The terms of the contract were not disclosed. Continue Reading NAR Hires Advertising Agency to Help Improve Its Image
RFK Stadium’s Fate Uncertain After Continuing Resolution is Pulled
Earlier this year, the National Park Service (NPS) has given its approval for the demolition of RFK Stadium. Continue Reading RFK Stadium’s Fate Uncertain After Continuing Resolution is Pulled
Report: Home Affordability Worsened in Q4
The national median home price has climbed to $364,750 during the fourth quarter. Continue Reading Report: Home Affordability Worsened in Q4
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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.
Single-Family Housing Starts Up 6.4%
Privately-owned housing starts were down 1.8% from October. Continue Reading Single-Family Housing Starts Up 6.4%
RE/MAX Holdings Launches Commerce Media Network
The venture is being launched in partnership with the media agency Kontrol Media. Continue Reading RE/MAX Holdings Launches Commerce Media Network
Commercial Mortgage Delinquencies Up in Q3
Delinquencies were up in every major capital source during the third quarter. Continue Reading Commercial Mortgage Delinquencies Up in Q3
Builder Confidence Holds Steady
The component measuring sales expectations in the next six months rose to its highest level since April 2022. Continue Reading Builder Confidence Holds Steady
GOP Lawmakers Warn Biden Agencies to Stop ‘Partisan Rulemakings’ Ahead of Trump’s Inauguration
The current and incoming chairmen of the House Financial Services Committee sent letters to financial regulatory agencies within the Biden administration warning them about last-minute “finalizing partisan rulemakings” ahead of the arrival of the Trump administration....
A Phil Hall Op-Ed: How Do You Deal with Underperformers?
Editor Phil Hall opines about salespeople with no talent or aptitude for selling. Continue Reading A Phil Hall Op-Ed: How Do You Deal with Underperformers?
‘The View’ Slams New Real Estate Platform That Identifies How Prospective Neighbors Voted
Ana Navarro brought a Trump reference into the talk by declaring, “Well I would avoid Palm Beach for the moment, if I were you.” Continue Reading ‘The View’ Slams New Real Estate Platform That Identifies How Prospective Neighbors Voted
RE/MAX: November Home Sales Up 6.3% Year-Over-Year
November’s median sales price of $429,000 was up 5.7% from the $406,000 level set one year earlier. Continue Reading RE/MAX: November Home Sales Up 6.3% Year-Over-Year
Real Estate Group Sues to Halt NYC’s Ban on Broker Fees
If the REBNY lawsuit fails, the law will go into effect in June 2025. Continue Reading Real Estate Group Sues to Halt NYC’s Ban on Broker Fees
Florida Real Estate Agent Found Guilty of Not Paying Income Taxes for Five-Year Period
Sedita Charles Cayson did not file his federal taxes from 2017-2021. Continue Reading Florida Real Estate Agent Found Guilty of Not Paying Income Taxes for Five-Year Period
ABOUT WEEKLY REAL ESTATE NEWS
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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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
