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Vought Aide Nominated to Run CFPB
The agency’s leadership position has been vacant since the start of the Trump administration. Continue Reading Vought Aide Nominated to Run CFPB
Vought Aide Nominated to Run CFPB
The agency’s leadership position has been vacant since the start of the Trump administration. Continue Reading Vought Aide Nominated to Run CFPB
For Sale: Melbourne Home with a Jail Cell
Now, here’s something that you don’t find in most homes listed for sale – a jail cell. RealEstate.com.au reports a residence on the market in Melbourne, Australia, that was once a police station had been converted to a five-bedroom residence in the 1980s. But for some...
Canadian Home Sales Up in June
National home sales across Canada in were up 2.8% month-over-month and up 3.5% year-over-year, according to data from the Canadian Real Estate Association (CREA). The uptick in home sales occurred despite a 2.9% month-over-month decline in newly listed properties. The...
Mortgage Application Activity and Credit Availability in Decline
Mortgage application activity and credit availability declined in the latest data reports from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 10% on a seasonally adjusted basis for...
NEWS & CURRENT EVENTS
Edmonton Condo Complex Evacuated Over Collapse Concerns Sold for $5.1 Million
Castledowns Pointe was built in 1999, but the complex’s problems became visible when acute structural flaws were discovered in 2023. Continue Reading Edmonton Condo Complex Evacuated Over Collapse Concerns Sold for $5.1 Million
Is Renting Less or More Expensive? It Depends Which Data Report You Cite
Redfin and Zillow published rental housing data reports with little common ground. Continue Reading Is Renting Less or More Expensive? It Depends Which Data Report You Cite
Developer Pleads Guilty for $13 Million Scams Involving Latin American Real Estate Projects
Barry Breeman was charged with and pleaded guilty to one count of securities fraud. Continue Reading Developer Pleads Guilty for $13 Million Scams Involving Latin American Real Estate Projects
‘There Are No More Excuses’ — Newsom Tells California Cities to Remove Homeless Encampments
“There’s nothing compassionate about letting people die on the streets,” said Newsom in a statement. Continue Reading ‘There Are No More Excuses’ — Newsom Tells California Cities to Remove Homeless Encampments
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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.
Society of Industrial and Office Realtors Elects 2024-2025 Officers
SIOR’s current president-elect, Mike Ohmes, will assume the role of SIOR Global President this fall. Continue Reading Society of Industrial and Office Realtors Elects 2024-2025 Officers
Sweden’s Central Bank Enacts First Rate Cut in 8 Years
The Riksbank reduced its main interest rate by 0.25 percentage points to 3.75%. Continue Reading Sweden’s Central Bank Enacts First Rate Cut in 8 Years
NAR Chief Economist Predicts Falling Rates, More Existing Home Sales
Lawrence Yun acknowledged annual existing home sales in 2023 experienced their worst year since 1995. Continue Reading NAR Chief Economist Predicts Falling Rates, More Existing Home Sales
The World’s Wealthiest City Is…
When it comes to cities with a surplus number of millionaire residents, the U.S. is the global leader in the 2024 World’s Wealthiest Cities Report published by international wealth migration specialists Henley & Partners in collaboration with the global data...
Market Snapshot: Today’s Rental Housing Market
Rents have outpaced wages in 44 of the 50 largest metros since 2019, according to data from Zillow Group. Continue Reading Market Snapshot: Today’s Rental Housing Market
John Ehle Named CEO at The Promise Homes Company
Ehle will succeed founder John Hope Bryant, who transitioned to chairman of the Atlanta-headquartered company. Continue Reading John Ehle Named CEO at The Promise Homes Company
KKR and Marriott Partner in Japanese Lodging Endeavor
The portfolio’s hotels are located in major tourist destinations in 10 cities. Continue Reading KKR and Marriott Partner in Japanese Lodging Endeavor
Lower-Income Borrowers Account for One in Five New Mortgages
Redfin noted today’s median-home sale price is about $420,000, up 5% year-over-year. Continue Reading Lower-Income Borrowers Account for One in Five New Mortgages
Reverse Mortgage Pitchman Tom Selleck Fears Losing Ranch with Series’ End
“Am I set for life? Yeah, but maybe not on a 63-acre ranch,” Selleck said. Continue Reading Reverse Mortgage Pitchman Tom Selleck Fears Losing Ranch with Series’ End
FHA Extends Foreclosure Moratorium to Wildfire Victims in Maui
The extension will assist homeowners impacted by the August 2023 wildfires. Continue Reading FHA Extends Foreclosure Moratorium to Wildfire Victims in Maui
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