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Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
14-Unit California Property Listed at $12 Million Can Be Purchased with Bitcoin or USDC
The overlap between real estate and cryptocurrency continues with the seller of a 14-unit multifamily property in California’s Manhattan Beach accepting payment in either Bitcoin or USDC. The crypto transaction will be facilitated by Guaranty Escrow. Buyers can fund...
California Home Sales Up, Reversing 3-Month Slump
California recorded 264,260 single-family home sales in June, up 4% from the 254,190 homes sold in May and down 0.3% from the 264,960 homes sold one year earlier. According to the California Association of Realtors, June's upswing reversed three consecutive months of...
Mortgage Rates on the Rise Again
Mortgage rates were up for the second consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.75% as of July 17, up from last week when it averaged 6.72%. A year ago at this...
NEWS & CURRENT EVENTS
Ex-Vancouver Mayor Tapped as Canada’s New Housing Minister
Vancouver housing prices soared 179% while Gregor Robertson was mayor. Continue Reading Ex-Vancouver Mayor Tapped as Canada’s New Housing Minister
A Phil Hall Op-Ed: The New Wave of Taxpayer-Funded Stadiums
Editor Phil Hall questions if taxpayers should be financing new privately-owned stadium projects. Continue Reading A Phil Hall Op-Ed: The New Wave of Taxpayer-Funded Stadiums
Mortgage Lender Lower Acquires Real Estate Portal Movoto
The Austin-based Movoto bills itself as the largest privately-owned residential real estate search website. Continue Reading Mortgage Lender Lower Acquires Real Estate Portal Movoto
Indiana Home Sales Up 12%
Homes sold for a statewide median price of $263,000 in April, up 5% year-over-year. Continue Reading Indiana Home Sales Up 12%
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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.
Realtex Debuts Seed Fund Aimed at Multifamily Opportunities
The fund will focus on acquiring and enhancing multifamily properties ranging from 20 to 50 units. Continue Reading Realtex Debuts Seed Fund Aimed at Multifamily Opportunities
Colorado Real Estate Agent Sentenced for $1 Million Investor Scam
Brett Lamperes to pay more than $1 million in restitution to 14 victims. Continue Reading Colorado Real Estate Agent Sentenced for $1 Million Investor Scam
Mortgage Demand Slumps Again
The Refinance Index was down by 3% from the previous week and was down 1% lower than the same week one year ago. Continue Reading Mortgage Demand Slumps Again
Rising Housing Prices Force Adult Kids to Move Back with Parents
46% of parents said their adult children returned home to live with them at some point. Continue Reading Rising Housing Prices Force Adult Kids to Move Back with Parents
New Housing Department Proposed for North Carolina
The bill also seeks the finance the new agency with $30 million in recurring funds starting with the 2024-25 fiscal year. Continue Reading New Housing Department Proposed for North Carolina
Village Premier Collection Joins The Real Brokerage’s Private Label Program
The Atlanta-based Village Premier brings $665 million in annual home sales. Continue Reading Village Premier Collection Joins The Real Brokerage’s Private Label Program
US Investors Buying Up Commercial Property Across London
Across the U.K., U.S. investors spent $3.8 billion on commercial real estate in the first quarter. Continue Reading US Investors Buying Up Commercial Property Across London
Guest Opinion: What’s Next for the Federal Home Loan Banks?
“Forthcoming actions and public engagement in 2024 include clarifying the FHLBank System mission,” said FHFA Director Thompson. Continue Reading Guest Opinion: What’s Next for the Federal Home Loan Banks?
Walmart to Close Health Centers
The company added that it would continue to operate its pharmacies and vision centers. Continue Reading Walmart to Close Health Centers
Trade Groups Ask Lawmakers for Action on Expanding Housing Supply
The trade groups repeatedly praised the Biden administration in the letter. Continue Reading Trade Groups Ask Lawmakers for Action on Expanding Housing Supply
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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