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Pennsylvania Home Sales Up 10% Year-Over-Year
The median home price continued to hold steady at $299,900. Continue Reading Pennsylvania Home Sales Up 10% Year-Over-Year
Pennsylvania Home Sales Up 10% Year-Over-Year
The median home price continued to hold steady at $299,900. Continue Reading Pennsylvania Home Sales Up 10% Year-Over-Year
Single-Family Housing Starts Inch Up, Permits in Decline
Single-family housing starts in May were at a rate of 924,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This is 0.4% above the revised April figure of 920,000. Privately-owned housing starts in May were at a...
Mortgage Application Activity Down by 2.6%
Fewer borrowers were seeking out mortgages for the week ending June 13, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.6% on a seasonally adjusted basis from...
Home Flipping Profits Down in Q1
A total of 67,394 single-family homes and condominiums were flipped in during the first quarter of this year, according to new data from ATTOM. This represented 8.3% of all home sales during the quarter, up from 7.4% in the previous quarter but down from 8.7% one year...
NEWS & CURRENT EVENTS
Christie’s International Real Estate Expands into New Zealand
Award-winning agents Russell and Angela Thomas are co-leading the firm. Continue Reading Christie’s International Real Estate Expands into New Zealand
New Chief Operating Officer at Ginnie Mae
Joseph M. Gormley will lead Ginnie Mae’s strategic initiatives, operational functions, and risk management efforts. Continue Reading New Chief Operating Officer at Ginnie Mae
eXp Realty Releases Advisory Form for Sellers Planning a Private Listing
The form is open-sourced and available now for agents, brokers, and consumers. Continue Reading eXp Realty Releases Advisory Form for Sellers Planning a Private Listing
Inbound Migration to Sun Belt States Waned in 2024
Tampa recorded a net inflow of just over 10,000 residents last year, less than one-third the 35,000-person net inflow in 2023. Continue Reading Inbound Migration to Sun Belt States Waned in 2024
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
$77 Million Aspen Home Sale Breaks Record for Colorado
A new record was set in the Colorado housing market with the $77 million sale of a 12,655-square-foot home on 60.78 acres of ranchland in Aspen. The Aspen Times reported the 8-bedroom, 11-bathroom home was purchased in a cash deal. The property, which was built in...
McShane Construction Tapped for New Affordable Housing Complex in Madison, Wisconsin
Canyons is one of two affordable housing projects McShane currently has underway for Lincoln Avenue Communities. Continue Reading McShane Construction Tapped for New Affordable Housing Complex in Madison, Wisconsin
CMG Financial Acquires Norcom Mortgage’s Retail Assets
CMG Financial, a mortgage banking firm headquartered in San Ramon, California, announced its retail acquisition of Norcom Mortgage of Hartford, Connecticut. The financial terms of the acquisition were not disclosed. The integration of Norcom Mortgage marks CMG's...
HUD and Indianapolis Take Over Local Housing Agency
HUD and the city government said this action was designed to “restore public confidence” in the IHA. Continue Reading HUD and Indianapolis Take Over Local Housing Agency
Amazon Leases 2 Million SF of California Industrial Space
The expanded industrial property footprints contrast the company’s plans to reduce its office footprint. Continue Reading Amazon Leases 2 Million SF of California Industrial Space
Redfin: Monthly Housing Payments Set New Record
“Housing costs are likely to continue going up for the near future,” said Redfin Economic Research Lead Chen Zhao. Continue Reading Redfin: Monthly Housing Payments Set New Record
Stewart Acquires All New York Title Agency
The financial terms of the acquisition were not announced. Continue Reading Stewart Acquires All New York Title Agency
Vietnamese Real Estate Tycoon Sentenced to Death in $12.5 Billion Fraud Case
The level of her fraud equaled nearly 3% of the country’s 2022 GDP. Continue Reading Vietnamese Real Estate Tycoon Sentenced to Death in $12.5 Billion Fraud Case
Guest Opinion: The New York Fed Chief’s View of the Economy
We’re not seeing the types of risks in housing finance that we saw during the housing boom before the 2007-2008 financial crisis. Continue Reading Guest Opinion: The New York Fed Chief’s View of the Economy
Mortgage Rates Drift Closer to the 7% Mark
The 30-year fixed-rate mortgage averaged 6.88% as of April 11. Continue Reading Mortgage Rates Drift Closer to the 7% Mark
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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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