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Florida’s Single-Family Home Sales Up 13.6% in September
Single-family existing homes were at a 5.1-months’ supply in September and the third quarter. Continue Reading Florida’s Single-Family Home Sales Up 13.6% in September
Florida’s Single-Family Home Sales Up 13.6% in September
Single-family existing homes were at a 5.1-months’ supply in September and the third quarter. Continue Reading Florida’s Single-Family Home Sales Up 13.6% in September
Rocket Mortgage to Offer Bridge Loans for Homeowners
Rocket Mortgage, a division of Rocket Companies (NYSE: RKT), announced the addition of bridge loans to its product offerings. According to a statement from the Detroit-headquartered company, the new product “allows current homeowners to use equity to compete...
Apex Commercial Exchange Debuts Platform for Commercial Real Estate Auctions
Apex Commercial Exchange (ACE) has launched its new platform for commercial real estate auctions. According to the New York City-based ACE, the new platform enables brokers and owners to build fully customized asset pages, securely host diligence materials, generate...
66-Unit Connecticut Multifamily Property Sells for $20.7 Million
A 66-unit multifamily apartment community in the affluent New York City suburb of Greenwich, Connecticut, has been sold for $20.7 million. The sale of Putnam Green, which was built in 1976, is the largest multifamily transaction in Greenwich since 2012. The sale...
NEWS & CURRENT EVENTS
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.81% as of April 24. Continue Reading Mortgage Rates in Mild Decline
Existing Home Sales Down by Nearly 6%
The median existing-home price for all housing types in March was $403,700, up 2.7% from the $392,900 price set one year ago. Continue Reading Existing Home Sales Down by Nearly 6%
233 Cities Have Starter Homes Priced at $1 Million
California continues to lead the nation with the most cities offering $1 million starter homes (113). Continue Reading 233 Cities Have Starter Homes Priced at $1 Million
Two Guilty Pleas in Massachusetts Lender Fraud Case
The case involved Louis R. Masaschi, his wife Jeanette Norman and his sister-in-law Christine Gendron. Continue Reading Two Guilty Pleas in Massachusetts Lender Fraud Case
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Ex-Ginnie Mae Chief Alanna McCargo to Lead FHLBank San Francisco
McCargo became Ginnie Mae’s 18th president and first female leader in December 2021. Continue Reading Ex-Ginnie Mae Chief Alanna McCargo to Lead FHLBank San Francisco
Yvette Davis Named President of REEP Residential
Davis was previously director of strategic operations at Emerge Living. Continue Reading Yvette Davis Named President of REEP Residential
Society of Industrial and Office Realtors Elects 2024-2025 Officers
SIOR’s current president-elect, Mike Ohmes, will assume the role of SIOR Global President this fall. Continue Reading Society of Industrial and Office Realtors Elects 2024-2025 Officers
Sweden’s Central Bank Enacts First Rate Cut in 8 Years
The Riksbank reduced its main interest rate by 0.25 percentage points to 3.75%. Continue Reading Sweden’s Central Bank Enacts First Rate Cut in 8 Years
NAR Chief Economist Predicts Falling Rates, More Existing Home Sales
Lawrence Yun acknowledged annual existing home sales in 2023 experienced their worst year since 1995. Continue Reading NAR Chief Economist Predicts Falling Rates, More Existing Home Sales
The World’s Wealthiest City Is…
When it comes to cities with a surplus number of millionaire residents, the U.S. is the global leader in the 2024 World’s Wealthiest Cities Report published by international wealth migration specialists Henley & Partners in collaboration with the global data...
Market Snapshot: Today’s Rental Housing Market
Rents have outpaced wages in 44 of the 50 largest metros since 2019, according to data from Zillow Group. Continue Reading Market Snapshot: Today’s Rental Housing Market
John Ehle Named CEO at The Promise Homes Company
Ehle will succeed founder John Hope Bryant, who transitioned to chairman of the Atlanta-headquartered company. Continue Reading John Ehle Named CEO at The Promise Homes Company
KKR and Marriott Partner in Japanese Lodging Endeavor
The portfolio’s hotels are located in major tourist destinations in 10 cities. Continue Reading KKR and Marriott Partner in Japanese Lodging Endeavor
Lower-Income Borrowers Account for One in Five New Mortgages
Redfin noted today’s median-home sale price is about $420,000, up 5% year-over-year. Continue Reading Lower-Income Borrowers Account for One in Five New Mortgages
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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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