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Mortgage Rates Decline Ahead of Thanksgiving
The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. Continue Reading Mortgage Rates Decline Ahead of Thanksgiving
Mortgage Rates Decline Ahead of Thanksgiving
The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. Continue Reading Mortgage Rates Decline Ahead of Thanksgiving
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....
Deltec Homes Debuts New Hurricane-Resistant Housing Model
Deltec Homes, an Asheville, North Carolina-based manufacturer of hurricane-resistant housing, has unveiled Tranquility, the latest model in its 360° Signature Collection. The 1,327-square-foot Tranquility is designed to withstand wind speeds up to 130 mph, with...
USDA to Relocate Majority of Staff and Vacate DC Office Space
The US Department of Agriculture (USDA) has announced a phased plan to vacate much of its office space in the National Capital Region (NCR) and relocate most of its staff to five hub locations across the country. The USDA currently has approximately 4,600 employees...
NEWS & CURRENT EVENTS
Illinois Home Sales Decline While Housing Inventory Grows
For the nine-county Chicago metro area, a total of 7,857 homes were sold last month, down 4.2% from April 2024. Continue Reading Illinois Home Sales Decline While Housing Inventory Grows
Alabama Home Sales Dropped in April
The median sales price of $224,967 marked a 2.2% monthly decrease ($5,033) and an annual increase of 13.3% from the $198,486 price recorded one year earlier. Continue Reading Alabama Home Sales Dropped in April
New York Real Estate Broker Arrested for Forgery and Identity Theft
An investigation found Jean Maloney forged the business owner’s signature on a real estate sale contract for a property owned by the business. Continue Reading New York Real Estate Broker Arrested for Forgery and Identity Theft
Penn State to Close 7 Campuses
The board voted 25 to 8 to close the DuBois, Fayette, Mont Alto, New Kensington, Shenango Wilkes-Barre and York campuses. Continue Reading Penn State to Close 7 Campuses
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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.
Wisconsin Home Sales Up 25.7% in April
April’s median price of $300,000 was up 6.4% from the previous year. Continue Reading Wisconsin Home Sales Up 25.7% in April
Canada Allocates $5 Million for Shared Equity Mortgages in Ontario
The shared equity mortgage typically requires no monthly payment and is repaid along with a percentage of property appreciation when the property is sold. Continue Reading Canada Allocates $5 Million for Shared Equity Mortgages in Ontario
Lender Seizes Foreclosed San Jose Office Property
The Evergreen Advantage seized the 78,200-square-foot property. Continue Reading Lender Seizes Foreclosed San Jose Office Property
‘Home Alone’ House Listed for $5.25 Million
The property last changed hands in 2012 for $1.58 million. Continue Reading ‘Home Alone’ House Listed for $5.25 Million
Report: One in Five NYC Hotels is Now Housing Illegal Immigrants
To date, no hotel that became a migrant shelter has transitioned back to being a traditional hotel. Continue Reading Report: One in Five NYC Hotels is Now Housing Illegal Immigrants
European Central Bank Readies for Rate Cut Next Week
The ECB’s planned actions would follow recent cuts enacted by the Swedish, Swiss, Czech and Hungarian central banks. Continue Reading European Central Bank Readies for Rate Cut Next Week
Hits and Misses for the Real Estate Week of May 20-24
An outrageous claim to a landmark property, an overlap of real estate and politics, and a tuneful agent begins his new job. Continue Reading Hits and Misses for the Real Estate Week of May 20-24
NAHB: Families Must Spend 38% of Their Income on Mortgage Payments
California’s San Jose-Sunnyvale-Santa Clara market was the most severely cost-burdened market during the first quarter. Continue Reading NAHB: Families Must Spend 38% of Their Income on Mortgage Payments
New Listings in Virginia Up by Nearly 20%
Virginia’s housing market recorded its fifth straight month of expanded active listings. Continue Reading New Listings in Virginia Up by Nearly 20%
Mainstreet Equity Corp. Reports Cybersecurity Incident
Specific details on the exact nature of the incident were not disclosed. Continue Reading Mainstreet Equity Corp. Reports Cybersecurity Incident
ABOUT WEEKLY REAL ESTATE NEWS
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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