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Swalwell Sues Pulte Over Mortgage Fraud Allegations
Swalwell also accused Pulte of violating the Privacy Act of 1974, which forbids federal agencies from making unauthorized public disclosures of sensitive information relating to an individual. Continue Reading Swalwell Sues Pulte Over Mortgage Fraud Allegations
Swalwell Sues Pulte Over Mortgage Fraud Allegations
Swalwell also accused Pulte of violating the Privacy Act of 1974, which forbids federal agencies from making unauthorized public disclosures of sensitive information relating to an individual. Continue Reading Swalwell Sues Pulte Over Mortgage Fraud Allegations
Brenda Buchanan Named CEO of Real Estate Council of Ontario
The Real Estate Council of Ontario (RECO) announced the appointment of Brenda Buchanan as its new CEO. RECO is a not-for-profit organization that regulates real estate agents and brokerages across the province. Buchanan, who served as the interim CEO following the...
Report: Nearly 15% of Home Sale Agreements Canceled in June
Roughly 57,000 home sale agreements nationwide were canceled during June, which is equal to 14.9% of homes that went under contract last month. According to a new report from Redfin, June’s share of canceled sales was up by 13.9% from one year earlier and marked the...
Developer to Accept Cryptocurrency Purchases in Florida Community
The development company Pearl Homes has teamed with the crypto-to-real-estate platform RealOpen in offering potential buyers to ability purchase homes at the Hunters Point community in Cortez, Florida, by using cryptocurrency including Bitcoin (BTC), Ethereum (ETH),...
NEWS & CURRENT EVENTS
Report: Little Change in Real Estate Agent Commissions Since NAR Settlement
For homes that sold for $1 million or more in the first quarter, Redfin found the average buyer’s agent commission was 2.17%. Continue Reading Report: Little Change in Real Estate Agent Commissions Since NAR Settlement
Single-Family Housing Starts Down 2.1%
Single-family housing completions in April were at a rate of 943,000, down 8% from the revised March rate of 1.02 million. Continue Reading Single-Family Housing Starts Down 2.1%
Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April
The April issuance encompassed $42.2 billion in total MBS, resulting in a net portfolio growth of $10.6 billion. Continue Reading Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April
Canadian Home Sales Flattened in April
The non-seasonally adjusted national average home price was $679,866 in April, down 3.9% from one year before. Continue Reading Canadian Home Sales Flattened in April
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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.
More Than 90% of Metros Scored Q1 Home Price Gains
30% of the tracked metros experienced double-digit price gains. Continue Reading More Than 90% of Metros Scored Q1 Home Price Gains
Ex-Ginnie Mae Chief Alanna McCargo to Lead FHLBank San Francisco
McCargo became Ginnie Mae’s 18th president and first female leader in December 2021. Continue Reading Ex-Ginnie Mae Chief Alanna McCargo to Lead FHLBank San Francisco
Yvette Davis Named President of REEP Residential
Davis was previously director of strategic operations at Emerge Living. Continue Reading Yvette Davis Named President of REEP Residential
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
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