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New Data Reports Find Easing in Home Prices
“New York again led all metros with a 6.1% annual gain, followed by Chicago at 5.9% and Cleveland at 4.7%,” said Nicholas Godec of S&P Dow Jones Indices. Continue Reading New Data Reports Find Easing in Home Prices
New Data Reports Find Easing in Home Prices
“New York again led all metros with a 6.1% annual gain, followed by Chicago at 5.9% and Cleveland at 4.7%,” said Nicholas Godec of S&P Dow Jones Indices. Continue Reading New Data Reports Find Easing in Home Prices
Survey: 1 in 5 Americans Have Lived in a Storage Unit
How severe is the shortage of affordable housing opportunities? Well, a new survey has found one in five Americans have slept in a storage unit. The survey of 2,000 adults commissioned by StorageUnits.com found 24% of respondents saying they only spent one night in a...
FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is allocating $49.7 million in Affordable Housing Program (AHP) grants from its General Fund and Nevada Targeted Fund to support 31 developments across Arizona, California, and Nevada that will result...
BMO Unveils Spanish-Language Mortgage Application
BMO (NYSE: BMO) is seeking to expand homeownership access to Hispanics with its first Spanish-language mortgage application. Available both digitally and in a paper format available at branches, the application offers what the bank described as “culturally and...
NEWS & CURRENT EVENTS
Builder Confidence Drops, Albeit with a Significant Asterisk Attached
Builder confidence took a sizable stumble this month amid concerns of tariffs, interest rates and an uncertain economic outlook. However, the National Association of Home Builders (NAHB) stressed that its Housing Market Index (HMI) data was culled prior to the May 12...
Zillow: New Listings Are Outpacing Home Sales
New listings were up year-over-year in 44 of the 50 largest metros. Continue Reading Zillow: New Listings Are Outpacing Home Sales
Foreclosure Activity Continues to Rise
According to data from ATTOM, one in every 3,950 housing units had a foreclosure filing in April. Continue Reading Foreclosure Activity Continues to Rise
Nora Creedon Named CEO at Starwood Real Estate Income Trust
She will succeed Sean Harris who is stepping down to pursue other opportunities. Continue Reading Nora Creedon Named CEO at Starwood Real Estate Income Trust
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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.
Celebrating Freedom of Housing in the USA: John G. Stevens’ Perspective
A message from the publisher of Weekly Real Estate News. Continue Reading Celebrating Freedom of Housing in the USA: John G. Stevens’ Perspective
Redfin: Median Sales Price Hits New Record High
The greatest year-over-year median sale price increases was recorded in Anaheim, California (14.7%). Continue Reading Redfin: Median Sales Price Hits New Record High
Arizona and Idaho Cities Top New Data Report ‘America’s Boomtowns’
Among the top large cities for economic growth, the study ranked Mesa, Arizona, as the leader with a 38% GDP growth between 2018 and 2022. Continue Reading Arizona and Idaho Cities Top New Data Report ‘America’s Boomtowns’
Person of the Week: Paul Bernard, President and CEO of Affordable Homes & Communities
Bernard is also an adjunct professor of urban and regional planning at Georgetown University. Continue Reading Person of the Week: Paul Bernard, President and CEO of Affordable Homes & Communities
US Home Affordability Continued to Fray During Q2
Median home ownership costs in 582 of the 589 counties analyzed in the second quarter were less affordable than in the past. Continue Reading US Home Affordability Continued to Fray During Q2
UAE Developer to Tokenize $500 Million in Real Estate Assets
Mantra’s blockchain infrastructure will provide a tokenization platform that will enable real estate investors to access MAG’s Dubai properties. Continue Reading UAE Developer to Tokenize $500 Million in Real Estate Assets
Ontario Landlords Accused of Investor Fraud Transfer Businesses to Monitor
“What we have here is a complete loss of confidence in management,” said Justice Peter Osborne. Continue Reading Ontario Landlords Accused of Investor Fraud Transfer Businesses to Monitor
Mansion Tax Proposal Coming Back to Connecticut
Gov. Ned Lamont has not commented on the proposal. Continue Reading Mansion Tax Proposal Coming Back to Connecticut
Mortgage Application Activity Slumps Again
The FHA share of total applications remained unchanged at 13.1%. Continue Reading Mortgage Application Activity Slumps Again
Contractors Named for New Virginia Baseball Stadium
The Richmond Flying Squirrels, the Double-A Eastern League affiliate of the San Francisco Giants, has selected Rhode Island-based Gilbane Building Co. and Massachusetts-based Prestige Construction Group to construct a new stadium in Richmond, Virginia. According to...
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