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The City with the Highest Mortgage Delinquency Rate Is…
San Francisco and San Jose ranked at the bottom as the cities with the lowest mortgage delinquencies. Continue Reading The City with the Highest Mortgage Delinquency Rate Is…
The City with the Highest Mortgage Delinquency Rate Is…
San Francisco and San Jose ranked at the bottom as the cities with the lowest mortgage delinquencies. Continue Reading The City with the Highest Mortgage Delinquency Rate Is…
14-Unit California Property Listed at $12 Million Can Be Purchased with Bitcoin or USDC
The overlap between real estate and cryptocurrency continues with the seller of a 14-unit multifamily property in California’s Manhattan Beach accepting payment in either Bitcoin or USDC. The crypto transaction will be facilitated by Guaranty Escrow. Buyers can fund...
California Home Sales Up, Reversing 3-Month Slump
California recorded 264,260 single-family home sales in June, up 4% from the 254,190 homes sold in May and down 0.3% from the 264,960 homes sold one year earlier. According to the California Association of Realtors, June's upswing reversed three consecutive months of...
Mortgage Rates on the Rise Again
Mortgage rates were up for the second consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.75% as of July 17, up from last week when it averaged 6.72%. A year ago at this...
NEWS & CURRENT EVENTS
New NAR Study: Housing Affordability Gap Remains in Place
NAR found that households earning $100,000 annually can currently afford only 37.1% of home listings. Continue Reading New NAR Study: Housing Affordability Gap Remains in Place
Tech Trends: Keeping Track of Today’s Business, Meeting Tomorrow’s Tech Leaders
The US tenant billing software market is anticipated to reach $488.27 million by 2032. Continue Reading Tech Trends: Keeping Track of Today’s Business, Meeting Tomorrow’s Tech Leaders
Mortgage Rates Inch Up
The 30-year fixed-rate mortgage averaged 6.81% as of May 15. Continue Reading Mortgage Rates Inch Up
Builder Confidence Drops, Albeit with a Significant Asterisk Attached
Builder confidence took a sizable stumble this month amid concerns of tariffs, interest rates and an uncertain economic outlook. However, the National Association of Home Builders (NAHB) stressed that its Housing Market Index (HMI) data was culled prior to the May 12...
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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.
RE/MAX: Spike in New Listings Drive Up April Home Sales
The median sale price increased 2.9% over March to $437,000, which is the highest price in over two years. Continue Reading RE/MAX: Spike in New Listings Drive Up April Home Sales
Canadian Housing Starts Decline, Fueled by Urban Markets
CNHC Chief Economist Bob Dugan predicted “continued downward pressure in these large centers.” Continue Reading Canadian Housing Starts Decline, Fueled by Urban Markets
Single-Family Housing Starts Down Slightly in April
Single‐family housing completions were 15.4% above the revised March rate. Continue Reading Single-Family Housing Starts Down Slightly in April
Las Vegas’ Iconic Mirage Hotel-Casino to Close in July
More than 3,000 employees will be laid off Continue Reading Las Vegas’ Iconic Mirage Hotel-Casino to Close in July
Craig Leslie to Become President of Skyline Retail REIT
Leslie will succeed Gordon Driedger, who was Skyline’s president for the past eight years. Continue Reading Craig Leslie to Become President of Skyline Retail REIT
Connecticut Childhood Home of William F. Buckley Jr. Listed for First Time in a Century
The residence dates to 1812 and was acquired by lawyer and oil speculator William F. Buckley Sr. in 1923. Continue Reading Connecticut Childhood Home of William F. Buckley Jr. Listed for First Time in a Century
First RE:Vitalize Real Estate Conference a Success
Attendees of the first in a new series of national real estate agent conferences gave high marks to a content-rich event supported by a wide range of exhibitors. Utah RE:Vitalize was produced by Weekly Real Estate News (WREN). Salt Lake City was the first host city for an event that will travel to three additional cities in 2024. Continue Reading First RE:Vitalize Real Estate Conference a Success
Guest Opinion: All’s Mostly Well in the US Banking System
In response to rising delinquencies, banks have increased loan loss provisions. Continue Reading Guest Opinion: All’s Mostly Well in the US Banking System
Real Estate Investors Snagged 19% of Q1 Home Sales
The typical home bought by investors in the first quarter cost $464,560. Continue Reading Real Estate Investors Snagged 19% of Q1 Home Sales
JLL Acquires Data Center Services Provider
The financial terms of the acquisition were not disclosed. Continue Reading JLL Acquires Data Center Services Provider
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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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