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Mortgage Application Activity Declines for Fourth Straight Week
The Refinance Index increased by 4% and was 81% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines for Fourth Straight Week
Mortgage Application Activity Declines for Fourth Straight Week
The Refinance Index increased by 4% and was 81% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines for Fourth Straight Week
Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA
The former president of a Pennsylvania title company has pleaded guilty for defrauding a title insurance underwriter, clients and the federal government. According to the charges brought against him, Louis Belletieri was the president of Allentown-based Security...
Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
A federal judge in Chicago has rejected a request by the Consumer Financial Protection Bureau (CFPB) to vacate its $105,000 settlement of redlining charges brought against the mortgage lender Townstone Financial. The settlement followed a protracted litigation that...
Office-to-Residential Conversion Begins on DC Property
The private equity real estate firm Henderson Park, working in partnership with the real estate developer and investor Lowe, has commenced work on the office-to-residential conversion of 1250 Maryland Avenue SW in Washington, DC. Currently known as Portals I, the...
NEWS & CURRENT EVENTS
Toronto Office Building to Become Loft-Style Residential Property
The e-lofts are being aimed at “young professionals, creatives, and urban families seeking a dynamic live/work lifestyle.” Continue Reading Toronto Office Building to Become Loft-Style Residential Property
Penthouse in World’s Tallest Building Listed for $51 Million
The 107th and 108th floors of the Burj Khalifa are approximately 1,300 feet above the streets of Dubai. Continue Reading Penthouse in World’s Tallest Building Listed for $51 Million
Zillow Bans Private Listings from Platform
eXp Realty has become the first brokerage to align itself with Zillow’s new policy. Continue Reading Zillow Bans Private Listings from Platform
Pending Home Sales in Mid-Atlantic Region Up by Nearly 40%
“Falling mortgage rates could give the housing market a boost this spring,” said Dr. Lisa Sturtevant, chief economist at Bright MLS. Continue Reading Pending Home Sales in Mid-Atlantic Region Up by Nearly 40%
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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.
Frank Lloyd Wright-Designed Home Outside of Chicago Listed at $779,000
The house was added to the National Register of Historic Places on Jan. 3, 1978. Continue Reading Frank Lloyd Wright-Designed Home Outside of Chicago Listed at $779,000
Blackstone Sells Southern California Industrial Property Portfolio for $1 Billion
The combined portfolio comprises 48 properties within infill submarkets in Los Angeles and Orange counties. Continue Reading Blackstone Sells Southern California Industrial Property Portfolio for $1 Billion
Publisher’s View: How the NAR Settlement is a Step Towards Ethical Real Estate Practices
Publisher's View: In a recent publication by the National Association of Realtors (NAR) titled "The Truth About the NAR Settlement Agreement," significant strides toward transparency and ethical conduct within the real estate industry are illuminated. This...
Amazon Seeks $1.3 Billion in Savings by Reducing Office Vacancies
The company now has a 33.8% office vacancy rate, which it attributed to slow growth and layoffs Continue Reading Amazon Seeks $1.3 Billion in Savings by Reducing Office Vacancies
Fraudster Sentenced in Brooklyn Real Estate Scam
Regine Norman was also ordered to pay restitution totaling $842,000. Continue Reading Fraudster Sentenced in Brooklyn Real Estate Scam
Mortgage Rates Drop Slightly
The 30-year fixed-rate mortgage averaged 6.79%, down from last week when it averaged 6.87%. Continue Reading Mortgage Rates Drop Slightly
North Las Vegas Repurchases Land from Abandoned Medical Property Development
spokesperson for the city said the developer did not provide a reason why the construction never happened. Continue Reading North Las Vegas Repurchases Land from Abandoned Medical Property Development
DeSantis Signs Bills Enabling Florida Police Eviction of Squatters
“The squatter scam ends today,” said the governor. Continue Reading DeSantis Signs Bills Enabling Florida Police Eviction of Squatters
NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing
The groups said a confirmation “will sustain the current flow of mortgage capital to home buyers without change or delay.” Continue Reading NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing
Pending Home Sales Up in February
NAR’s Pending Home Sales Index increased to 75.6 in February. Continue Reading Pending Home Sales Up in February
ABOUT WEEKLY REAL ESTATE NEWS
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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