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Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
White House Pushes Story That Federal Reserve Hired a Crisis PR Firm
In the wake of ongoing attacks and insults from the Executive Branch against the central bank, the Trump administration is making unsubstantiated claims that Federal Reserve Chairman Jerome Powell has hired a public relations agency specializing in crisis...
Sen. Lee, Conservative Pundit Duped by Fake Powell Resignation Letter
A fake letter designed to give the appearance that Federal Reserve Chairman Jerome Powell was resigning was posted and later deleted on social media by Sen. Mike Lee (R-UT) and conservative commentator Benny Johnson. CNBC reports the letter was addressed to “The...
The 10 Most Expensive US Home Sales for June
Properties in California and Florida dominated the list of the nation’s 10 most expensive home sales during June, according to new data from Redfin. All 10 of the properties sold for more than $30 million. The most expensive US home sales of June were: 71 Beverly...
NEWS & CURRENT EVENTS
NYC’s ‘Breakfast at Tiffany’s’ Townhouse Listed for $15 Million
The home’s owner, retired beverage industry executive Joseph Harkins, purchased the property 2015 for $7.4 million. Continue Reading NYC’s ‘Breakfast at Tiffany’s’ Townhouse Listed for $15 Million
California’s Median Home Price Hits New High
April marked the 15th consecutive month of annual gain in the state’s housing supply. Continue Reading California’s Median Home Price Hits New High
New Book ‘Rookie Real Estate Agent’ Offers Introduction to Career Establishment
“We asked the most successful agents in our industry what they did their first year that others don’t,” said author Jay Papasan. Continue Reading New Book ‘Rookie Real Estate Agent’ Offers Introduction to Career Establishment
Paramount Group Begins Review of ‘Strategic Alternatives to Maximize Shareholder Value’
The company also announced several executive changes. Continue Reading Paramount Group Begins Review of ‘Strategic Alternatives to Maximize Shareholder Value’
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
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
Builder Confidence Down for First Time in Six Months
Elevated mortgage rates fueled the pessimism among builders. Continue Reading Builder Confidence Down for First Time in Six Months
Foreclosure Activity Down in April
Lenders started the foreclosure process on 21,753 properties last month. Continue Reading Foreclosure Activity Down in April
Mortgage Application Activity Inches Up Slightly
Mortgage applications for new home purchases in April increased 22.1% from one year earlier. Continue Reading Mortgage Application Activity Inches Up Slightly
Minnesota AG Sues Realtor Over Alleged Predatory Lending and Anti-Muslim Bias
Chadwick Banken alleged offered “significantly worse terms” for Muslim customers. Continue Reading Minnesota AG Sues Realtor Over Alleged Predatory Lending and Anti-Muslim Bias
Real Estate Developer Frank McCourt Leads ‘People’s Bid’ to Acquire TikTok
“The foundation of our digital infrastructure is broken, and it’s time to fix it,” said McCourt. Continue Reading Real Estate Developer Frank McCourt Leads ‘People’s Bid’ to Acquire TikTok
Leadership Shifts at Home BancShares
Chief Lending Officer Kevin Hester will become president of Home BancShares and Centennial Bank. Continue Reading Leadership Shifts at Home BancShares
Farmers Resumes Writing Business Insurance Lines in California
The company continues to offer small business insurance policies, including coverage for the retail, office and service industries. Continue Reading Farmers Resumes Writing Business Insurance Lines in California
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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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