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New Data Points to Deceleration in Home Prices
Chicago, New York and Boston reported the highest year-over-year gains with year-over-year price increases of 5.5%, 5.2% and 4.1%, respectively. Continue Reading New Data Points to Deceleration in Home Prices
New Data Points to Deceleration in Home Prices
Chicago, New York and Boston reported the highest year-over-year gains with year-over-year price increases of 5.5%, 5.2% and 4.1%, respectively. Continue Reading New Data Points to Deceleration in Home Prices
Pilot Program to Enable Bitcoin Purchases of New Florida Construction Properties
The blockchain company ByteFederal has unveiled a pilot program in Florida that will enable the use of Bitcoin for property purchases, with settlements delivered in US dollars to sellers. Bitcoin Magazine reports the service is aimed at new construction properties and...
Existing Home Sales Down, Median Home Price at New High
Existing home sales during June were down 2.7% from the previous month to a seasonally adjusted annual rate of 3.93 million, according to data from the National Association of Realtors (NAR). There was no change in sales on a year-over-year basis. On regional...
Mortgage Application Activity Inches Up Again
Mortgage application activity inched up for the week ending July 18, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.8% on a seasonally adjusted basis from...
NEWS & CURRENT EVENTS
New Reports Highlight Michigan’s Affordable Homeownership and Power Outages
Michigan recorded over 12,000 major power outage events and more than 34,000 hours per year without electricity between 2019 and 2023. Continue Reading New Reports Highlight Michigan’s Affordable Homeownership and Power Outages
Tempus Realty Partners Buys Pittsburgh Office/Retail Property for $43.75 Million
Originally constructed as a warehouse, the property covers 94,580 square feet of office space and 31,405 square feet of retail. Continue Reading Tempus Realty Partners Buys Pittsburgh Office/Retail Property for $43.75 Million
RE/MAX: April Home Sales Up 11.3%
April’s median sales price of $440,000 was $5,000 (1.2%) higher than March and $10,000 (2.3%) more than one year ago. Continue Reading RE/MAX: April Home Sales Up 11.3%
Diddy’s $61.5 Million LA Mansion Fails to Attract Buyer Interest
Last November, real estate investor Bo Belmont publicized his offer of $30 million for the property. Continue Reading Diddy’s $61.5 Million LA Mansion Fails to Attract Buyer Interest
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Kristie Arnst Promoted to EVP at Buckingham Companies
Arnst joined Buckingham Companies in September 2020 and most recently served as senior vice president. Continue Reading Kristie Arnst Promoted to EVP at Buckingham Companies
Start-Up to Offer Healthcare Real Estate Investments to Individual Investors
The new firm will initially focus on Section 1031 exchange offerings. Continue Reading Start-Up to Offer Healthcare Real Estate Investments to Individual Investors
Donald R. Horton, Founder and Chairman of Homebuilder D.R. Horton, Dies at 74
Horton served as the company’s chairman since it was formed in July 1991. Continue Reading Donald R. Horton, Founder and Chairman of Homebuilder D.R. Horton, Dies at 74
UWM Debuts 0% Down Purchase Program
UWM’s Mat Ishbia said the program “is going to change the game this purchase season.” Continue Reading UWM Debuts 0% Down Purchase Program
Lennar Unveils Townhome Community in Florida’s Pembroke Park
Pricing for the new community starts in the low $500,000s. Continue Reading Lennar Unveils Townhome Community in Florida’s Pembroke Park
Alliant Credit Union Launches Small Balance Commercial Real Estate Lending Platform
SBL Edge is designed for borrowers in the multifamily, manufactured housing and self-storage sectors. Continue Reading Alliant Credit Union Launches Small Balance Commercial Real Estate Lending Platform
FHFA Seeks Input on Future Mission for FHLBank System
Public input is being accepted through July 15. Continue Reading FHFA Seeks Input on Future Mission for FHLBank System
Convicted Sex Offender Reportedly Harassing Female Real Estate Agents in Ohio
The suspect is believed to be Robert Willett, who was twice arrested for criminal activities aimed at female agents. Continue Reading Convicted Sex Offender Reportedly Harassing Female Real Estate Agents in Ohio
Mortgage Rates Down Slightly, Though Still Elevated
The 30-year fixed-rate mortgage averaged 7.02%, down from last week when it averaged 7.09%. Continue Reading Mortgage Rates Down Slightly, Though Still Elevated
Rosalyn Merrick Named Chief Executive at Atlanta Habitat for Humanity
Merrick succeeds Alan Ferguson, who is stepping down to pursue other endeavors. Continue Reading Rosalyn Merrick Named Chief Executive at Atlanta Habitat for Humanity
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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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