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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
Trump Tours Fed HQ with Powell
President Trump’s toured the ongoing construction renovations at the Federal Reserve’s headquarters but avoided making direct personal attacks on Chairman Jerome Powell, who hosted his visit. Speaking briefly with reporters, Trump claimed the $2.5 billion project was...
Wisconsin’s June Home Sales Up for First Time in 4 Years
Wisconsin recorded 7,712 home sales in June, an 8.1% increase from the 6,637 transactions recorded one year earlier. Last month marked Wisconsin’s first increase in June sales in four years. According to the Wisconsin Realtors Association (WRA), new statewide listings...
South Carolina Real Estate Fraudster to Serve Federal and State Prison Terms
A South Carolina woman who defrauded investors with a phony residential development will be serving both federal and state prison terms. Samantha A. Nottingham pleaded guilty on Tuesday to financial identity fraud, financial transaction card fraud, obtaining goods...
NEWS & CURRENT EVENTS
Mortgage Rates Inch Up
The 30-year fixed-rate mortgage averaged 6.86% as of May 22, up from last week when it averaged 6.81%. Continue Reading Mortgage Rates Inch Up
Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain
The property is slated to be auctioned on June 18 by Paramount Realty USA. Continue Reading Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain
Existing Home Sales Down by 0.5% in April
The median existing-home price for all housing types in April was $414,000, up 1.8% from the $406,600 in April 2024. Continue Reading Existing Home Sales Down by 0.5% in April
Appraisal Institute Ousts Vice President Accused of Sexual Harassment
Craig Steinley called the ouster “a deliberate act of retaliation driven by internal politics.” Continue Reading Appraisal Institute Ousts Vice President Accused of Sexual Harassment
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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.
New Initiative Plans to Revitalize Downtown Ottawa
“We’re taking a Team Ottawa approach to our downtown,” said Ottawa Mayor Mark Sutcliffe. Continue Reading New Initiative Plans to Revitalize Downtown Ottawa
Mortgage Rates Drop Below 7%
A year ago at this time, the 30-year fixed-rate mortgage averaged 6.57%. Continue Reading Mortgage Rates Drop Below 7%
Home Sales Tumble While Median Prices Set a New Record
Sales of new single-family houses during April were at a seasonally adjusted annual rate of 634,000. Continue Reading Home Sales Tumble While Median Prices Set a New Record
Report: Vermont Leads US for Mortgage Delinquencies
Vermont’s eastern neighbor, New Hampshire, recorded the lowest level of mortgage delinquencies. Continue Reading Report: Vermont Leads US for Mortgage Delinquencies
The Real Brokerage Launches Luxury Division
Real Luxury agents are expected to earn CLHMS designation. Continue Reading The Real Brokerage Launches Luxury Division
TikTok Influencer Launches Real Estate Cooperative
MCU raised more than $2 million and attracted 5,000 members within the first 24 hours of its launch. Continue Reading TikTok Influencer Launches Real Estate Cooperative
Fidelity National Financial Creates Chief Artificial Intelligence Officer Role
Jason Nadeau joined the company in 2018 as chief digital officer. Continue Reading Fidelity National Financial Creates Chief Artificial Intelligence Officer Role
Developer Donates $10 Million for Real Estate Program at NC State University
Peter Pappas developed more than 3 million square feet of property in the Charlotte metro area. Continue Reading Developer Donates $10 Million for Real Estate Program at NC State University
New Commercial Real Estate Platform Connects National Retailers with Rural Markets
CUSCO will target markets in the South, Southeast and Midwest. Continue Reading New Commercial Real Estate Platform Connects National Retailers with Rural Markets
Sales Remain Strong in Florida’s Housing Market
The statewide median sales price for single-family existing homes was $429,900, up 4.9% year-over-year. Continue Reading Sales Remain Strong in Florida’s Housing Market
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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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