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Mortgage Application Activity Remains Mostly Flat
“The government purchase index, which includes FHA, VA, and USDA applications, increased 9 percent and had the strongest week since 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Remains Mostly Flat
Mortgage Application Activity Remains Mostly Flat
“The government purchase index, which includes FHA, VA, and USDA applications, increased 9 percent and had the strongest week since 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Remains Mostly Flat
Luigi Favaro Named CEO of Ontario Real Estate Association
The Ontario Real Estate Association (OREA) announced the appointment of Luigi Favaro as its new CEO, effective Sept. 2. Favaro currently serves as OREA’s vice president of partnerships at OREA. He replaces Tim Hudak, who stepped down last August; Sonia Richards has...
Texas AG Paxton Accuses Rival of Planting ‘Fake’ Story on Mortgage Fraud
Texas Attorney General Ken Paxton is blaming his political rival, US Sen. John Cornyn (R-TX), of being behind a news story accusing Paxton and his now-estranged wife Angela of mortgage fraud. The Associated Press broke the story claiming the Paxtons owned three homes...
Flood Insurance Relief Legislation Reintroduced in Congress
Rep. Byron Donalds (R-FL) announced the reintroduction of HR 4494, “The Flood Insurance Relief Act,” which is designed to provide tax relief for flood insurance customers. The proposed legislation creates a non-refundable tax deduction for flood insurance premiums....
NEWS & CURRENT EVENTS
Hits and Misses for the Real Estate Week of May 19-23
An unholy misuse of eminent domain, a ritzy Los Angeles mansion with a significant stigma, and a Maine broker running for governor. Continue Reading Hits and Misses for the Real Estate Week of May 19-23
New Home Sales Surged in April
The median sales price of new houses sold in April was $407,200. Continue Reading New Home Sales Surged in April
RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
The RE/MAX network has a presence in over 110 countries and territories. Continue Reading RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
Housing Inventory Up 30.6%, a New Post-Pandemic High
A greater choice of homes for sale did not translate into a surge in homebuying. Continue Reading Housing Inventory Up 30.6%, a New Post-Pandemic High
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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.
Pee-wee’s Real-Life Playhouse Listed for $5 Million
The zany comic actor acquired the property in 1985 for $415,000. Continue Reading Pee-wee’s Real-Life Playhouse Listed for $5 Million
Netflix Releases Trailer of Ryan Serhant Series ‘Owning Manhattan’
The eight-episode series launches June 28. Continue Reading Netflix Releases Trailer of Ryan Serhant Series ‘Owning Manhattan’
Report: Nearly One-Quarter of Black Mortgage Applicants are Rejected
Insufficient credit was the most common reason given (43%) for the application rejection Continue Reading Report: Nearly One-Quarter of Black Mortgage Applicants are Rejected
New Investment Program Aimed at 1031 Exchange Investors
Michael O’Shea was named to the newly created position of vice president of Origin Exchange. Continue Reading New Investment Program Aimed at 1031 Exchange Investors
Sila Realty Trust to Begin Trading on NYSE
When trading begins on the NYSE, the company’s common stock will cease trading on the over-the-counter markets. Continue Reading Sila Realty Trust to Begin Trading on NYSE
Mortgage Application Activity Declines Again
The Refinance Index decreased 14% from the previous week and was 12% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines Again
ATTOM Debuts Building Footprint Data Feature
The real estate data provider ATTOM has added a Building Footprint feature to its Table of Data Elements. Continue Reading ATTOM Debuts Building Footprint Data Feature
Eddie Garcia to Step Down as CEO at Realty of Chicago
The company has not named an interim chief executive. Continue Reading Eddie Garcia to Step Down as CEO at Realty of Chicago
TV Host Tanya Memme Joins eXp Realty
Memme is a former Miss World Canada. Continue Reading TV Host Tanya Memme Joins eXp Realty
Maine Home Sales Up 17.5%
“For the third consecutive month, the number of sales, year-over-year, has increased,” said Paul McKee, 2024 president of the realtors group. Continue Reading Maine Home Sales Up 17.5%
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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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