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Florida House Speaker: DeSantis ‘Small and Petty’ with Property Tax Comments
House Speaker Daniel Perez, a Republican, took umbrage over DeSantis’ remarks. Continue Reading Florida House Speaker: DeSantis ‘Small and Petty’ with Property Tax Comments
Florida House Speaker: DeSantis ‘Small and Petty’ with Property Tax Comments
House Speaker Daniel Perez, a Republican, took umbrage over DeSantis’ remarks. Continue Reading Florida House Speaker: DeSantis ‘Small and Petty’ with Property Tax Comments
New Partnership Seeks to Educate Prospective Homebuyers
CBC Mortgage Agency has teamed with Guild Mortgage on a national initiative to expand homeownership through financial literacy events. The Future Homebuyer Initiative will consist of 10 events across the country designed to provide financial literacy, credit...
BlackRock Acquires ElmTree Funds
BlackRock Inc. (NYSE: BLK) announced it is acquiring ElmTree Funds, a St. Louis-based net-lease real estate investment firm with $7.3 billion in total assets under management. The financial details of the acquisition were not disclosed. Founded in 2011, ElmTree has...
Ex-NYPD Detective Among Trio Charged in Bronx Deed Theft Scheme
A former New York Police Department (NYPD) detective was among three individuals arrested for a deed theft scheme in the Bronx, New York. The retired detective, Chenenne Guevarra-Francis, teamed with his mother Barbara Guevarra-Francis, a retired nurse, and attorney...
NEWS & CURRENT EVENTS
Roughly One-Third of Non-Homeowners Don’t Expect to Buy a Home in the Next Five Years
72% of respondents said it is a bad time to buy a house and 26% say it is a good time. Continue Reading Roughly One-Third of Non-Homeowners Don’t Expect to Buy a Home in the Next Five Years
Lennar Opens New 55+ Master-Planned Community in South Carolina
Pricing ranges from the mid $300,000s to low $600,000s. Continue Reading Lennar Opens New 55+ Master-Planned Community in South Carolina
FHFA’s Pulte Reveals North Korean and Chinese Nationals Working in the GSEs
It is unclear how these foreign agents were employed. Continue Reading FHFA’s Pulte Reveals North Korean and Chinese Nationals Working in the GSEs
No Laughing Matter: Jim Carrey Cuts Price Again on LA Estate
Carrey acquired the property in 1994 for $3.8 million and listed it in February 2023 for nearly $29 million. Continue Reading No Laughing Matter: Jim Carrey Cuts Price Again on LA Estate
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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.
Jacksonville Housing Authority Deputy CFO Fired for Not Showing Up at Work
Greg Williams was fired roughly one month after he was promoted from comptroller. Continue Reading Jacksonville Housing Authority Deputy CFO Fired for Not Showing Up at Work
CoreLogic: 32.7 Million Homes Face Damage Risk in 2024 Atlantic Hurricane Season
The depth and scope of at-risk properties equates to a combined reconstruction cost of $10.8 trillion. Continue Reading CoreLogic: 32.7 Million Homes Face Damage Risk in 2024 Atlantic Hurricane Season
Mortgage Application Payments Increased 2.5%
The national median mortgage payment for conventional loan applicants was $2,271. Continue Reading Mortgage Application Payments Increased 2.5%
CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’
CFPB Director Rohit Chopra opined, “Junk fees and excessive closing costs can drain down payments and push up monthly mortgage costs.” Continue Reading CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’
GOP Lawmakers Question Proposed Freddie Mac Expansion into Second Mortgages
The lawmakers said the proposal would turn Freddie Mac “into a massive consumer loan guarantor.” Continue Reading GOP Lawmakers Question Proposed Freddie Mac Expansion into Second Mortgages
Mortgage Rates Back Above 7%
A year ago at this time, the 30-year fixed-rate mortgage averaged 6.79%. Continue Reading Mortgage Rates Back Above 7%
Pending Home Sales Slumped in April
All four regions registered month-over-month and year-over-year decreases. Continue Reading Pending Home Sales Slumped in April
Redfin: More Home Sellers Cutting Their Asking Prices
The median asking price was slashed by roughly $3,000 to $416,623 in the last week. Continue Reading Redfin: More Home Sellers Cutting Their Asking Prices
Fewer Zombie Foreclosures in Q2 Housing Market
A total of 6,945 residential properties facing possible foreclosure have been vacated by their owners nationwide in the second quarter. Continue Reading Fewer Zombie Foreclosures in Q2 Housing Market
Zillow Names Phoenix as the Best Housing Market for New College Graduates
Phoenix topped the list due to a strong job market and a large percentage of rental listings on Zillow offering a concession. Continue Reading Zillow Names Phoenix as the Best Housing Market for New College Graduates
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