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Andrew P. Sherman Named CFO at Skyline Title Support
Prior to joining Skyline, Sherman served as regional vice president at KW Property Management & Consulting. Continue Reading Andrew P. Sherman Named CFO at Skyline Title Support
Andrew P. Sherman Named CFO at Skyline Title Support
Prior to joining Skyline, Sherman served as regional vice president at KW Property Management & Consulting. Continue Reading Andrew P. Sherman Named CFO at Skyline Title Support
HUD Proposes Eliminating Green Housing Mandate
Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the Federal Housing Administration (FHA) will propose an across-the-board leveling of its Upfront Capitalized and Annual Mortgage Insurance Premiums (MIPs) to 25 basis points for all...
Migrant Processing Services Terminated at NYC’s Historic Roosevelt Hotel
New York City has officially ended the migrant arrival center that has been operating within the historic Roosevelt Hotel. The Associated Press reports the center’s last full day in operation was on Monday, with the hotel becoming vacant on Tuesday afternoon. The...
Refinancing Fuels Mild Uptick in Mortgage Application Activity
Mortgage application activity improved slightly during the week ending June 20 thanks to an uptick in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
NEWS & CURRENT EVENTS
Saks Fifth Avenue to Shut Down San Francisco Store
The retailer’s five-floor store will close on May 10. Continue Reading Saks Fifth Avenue to Shut Down San Francisco Store
Lawyer for NY AG Letitia James Demands Justice Dept. Reject Mortgage Fraud Referral
Attorney Abbe Lowell said the paperwork “mistakenly stated the property to be Ms. James’ principal residence.” Continue Reading Lawyer for NY AG Letitia James Demands Justice Dept. Reject Mortgage Fraud Referral
New York State’s Housing Inventory Inches Up, But Sales Remain Static
March marked the 20th consecutive month of year-over-year median home price increases. Continue Reading New York State’s Housing Inventory Inches Up, But Sales Remain Static
Florida Home Sales Down Despite Wider Listings and Inventory
The statewide median price for single-family homes was $414,555 in the first quarter, a scant 0.1% dip from one year before. Continue Reading Florida Home Sales Down Despite Wider Listings and Inventory
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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.
Q1 Commercial and Multifamily Mortgage Originations Remain Muted
During the first quarter, there was a 31% year-over-year decline in the dollar volume of loans for retail properties. Continue Reading Q1 Commercial and Multifamily Mortgage Originations Remain Muted
Massachusetts Governor Proposes ‘Mansion Tax’ to Fund Affordable Housing Projects
The average Massachusetts home value is $612,509, up 8.7% over the past year. Continue Reading Massachusetts Governor Proposes ‘Mansion Tax’ to Fund Affordable Housing Projects
Jeffrey Jackson, President of the Orange County Association of Realtors, Dies at 65
Jackson was a senior risk manager at Realty One Group. Continue Reading Jeffrey Jackson, President of the Orange County Association of Realtors, Dies at 65
Las Vegas Home Sales Take a Sharp Upswing
Las Vegas Realtors dubbed 2023 as the slowest year for existing home sales since 2008 Continue Reading Las Vegas Home Sales Take a Sharp Upswing
Commissions Lawsuit Settlements Face Delay from Plaintiffs in Another Case
The plaintiffs in the Batton 1 lawsuit in Illinois are trying to block final approval of the Sitzer/Burnett settlements. Continue Reading Commissions Lawsuit Settlements Face Delay from Plaintiffs in Another Case
New Investment Fund Aims at Distressed Multifamily Properties
The offering has an entry point set at a minimum investment of $50,000. Continue Reading New Investment Fund Aims at Distressed Multifamily Properties
Patriots Owner Robert Kraft Sells Apartment at NYC’s Plaza Hotel for $22.5 Million
Kraft bought the residence in 2007 for $14.47 million. Continue Reading Patriots Owner Robert Kraft Sells Apartment at NYC’s Plaza Hotel for $22.5 Million
Mortgage Application Activity Up 2.6%
The FHA share of total applications increased to 12.9% from 12.7% the week prior. Continue Reading Mortgage Application Activity Up 2.6%
Travelers to Raise California Homeowner Insurance Rates by 15%
On average, California homeowners pay $1,452 a year for home insurance coverage. Continue Reading Travelers to Raise California Homeowner Insurance Rates by 15%
More Than 90% of Metros Scored Q1 Home Price Gains
30% of the tracked metros experienced double-digit price gains. Continue Reading More Than 90% of Metros Scored Q1 Home Price Gains
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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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