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Maine Home Sales Rise as Prices Ease
The median sales price during September was $402,500, a 1.35% decrease from the $408,000 price recorded in September 2024. Continue Reading Maine Home Sales Rise as Prices Ease
Maine Home Sales Rise as Prices Ease
The median sales price during September was $402,500, a 1.35% decrease from the $408,000 price recorded in September 2024. Continue Reading Maine Home Sales Rise as Prices Ease
Mortgage Application Activity Up 9.4%
Mortgage application activity shot up like a firework during the week ending July 4, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 9.4% on a seasonally...
FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
The Federal Trade Commission (FTC) announced it will send $3 million in payments to consumers impacted by Ygrene Energy Fund, a home improvement financing company. According to the FTC’s October 2022 complaint, Ygrene and its network of door-to-door contractors...
Residential Transition Lender Dunmor Opens Wholesale Broker Division
Dunmor, a Los Angeles-based nationwide direct lender in residential transition loans, has launched a wholesale broker division. According to the company, the new division will enable wholesale mortgage brokers to offer residential transition loans to their clients....
NEWS & CURRENT EVENTS
Shake Shack Expands Into Central America, Opening 12 Eateries in Panama
“Bringing Shake Shack to Central America marks a major milestone as we continue to grow globally,” said Michael Kark, president of global licensing. Continue Reading Shake Shack Expands Into Central America, Opening 12 Eateries in Panama
PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio
The portfolio is currently 99.7% leased to a roster of 26 tenants. Continue Reading PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio
The Cheapest Metro Area for Buying a Home Is…
The Rust Belt and the South dominate the top 10 list. Continue Reading The Cheapest Metro Area for Buying a Home Is…
Homelessness Advocacy Groups Blast Newsom in Blaming Cities for Encampments
“There’s nothing compassionate about letting people die on the streets,” said Newsom in a statement. Continue Reading Homelessness Advocacy Groups Blast Newsom in Blaming Cities for Encampments
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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.
Winthrop Watson to Step Down as FHLBank Pittsburgh’s Chief Executive
Chief Operating Officer David G. Paulson will succeed Watson on Dec. 31. Continue Reading Winthrop Watson to Step Down as FHLBank Pittsburgh’s Chief Executive
The Greenest State Is…
Texas was ranked last due to high levels of water contamination and low recycling rates. Continue Reading The Greenest State Is…
HUD Releases $85 Million in PRO Housing Program Grants
The grants were rewarded in a competition that saw applications from over 175 communities in 47 states and territories. Continue Reading HUD Releases $85 Million in PRO Housing Program Grants
Poll Finds Voters Unhappy with Chicago Bears Stadium Plan
The football team is pursuing a Plan B by shifting the potential stadium into the suburban village of Arlington Heights. Continue Reading Poll Finds Voters Unhappy with Chicago Bears Stadium Plan
Mortgage Application Activity Inches Up
The total number of home loans now in forbearance declined slightly to 0.21% as of May 31. Continue Reading Mortgage Application Activity Inches Up
Private Equity Firm KKR Acquires 18 Multifamily Properties for $2.1 Billion
The acquisition encompasses more than 5,200 apartment units in newly built mid- and high-rise complexes Continue Reading Private Equity Firm KKR Acquires 18 Multifamily Properties for $2.1 Billion
Florida Realtors Award $242K in Scholarships
All the scholarship recipients are Florida residents. Continue Reading Florida Realtors Award $242K in Scholarships
MRI Software Acquires Insurent, a Guarantor Insurance Services Provider
The financial terms of the acquisition were not disclosed. Continue Reading MRI Software Acquires Insurent, a Guarantor Insurance Services Provider
Hyatt Adds Two Hotels to New Orleans Portfolio
Maison Métier and The Barnett are located on Carondelet Street, just one block from Lafayette Square. Continue Reading Hyatt Adds Two Hotels to New Orleans Portfolio
Did a Russian Ransomware Gang Breach the Federal Reserve?
Cybersecurity experts are skeptical that any attack transpired. Continue Reading Did a Russian Ransomware Gang Breach the Federal Reserve?
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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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