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Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
“We expect that home sales will increase in 2026,” said Mike Fratantoni, MBA’s chief economist. Continue Reading Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
“We expect that home sales will increase in 2026,” said Mike Fratantoni, MBA’s chief economist. Continue Reading Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
Utah’s Largest Mansion Goes Up for Auction This Week
Utah’s largest mansion is going up for auction later this week. Mansion Global reports the 154-acre ranch in Hyram, Utah, features a five-level, 40,000-square-foot residence with 10 bedrooms and 18 full and partial bathrooms. The residence also includes a dining room...
North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
At a time when states and localities are looking to cut property taxes and increase affordable housing, the Board of Commissioners in North Carolina’s Wake County went the opposite route in passing a $2.17 billion budget that raises property taxes and reduces proposed...
Listings Go Live at Brooklyn’s Tallest Residential Tower
Silverstein Properties announced that listings are now live at the 93-story Brooklyn Tower, the tallest building in Brooklyn. Rising over 1,066 feet, the tower features 143 luxury condominiums available for immediate occupancy. Pricing starts at $965,000 for...
NEWS & CURRENT EVENTS
Ward Morrison to Retire as Chief Executive at Motto Mortgage and Wemlo
Adam Sartin, vice president of franchise growth and development, will lead the brands on an interim basis. Continue Reading Ward Morrison to Retire as Chief Executive at Motto Mortgage and Wemlo
Kanye West’s Former Malibu Residence Resells Less Than a Week After Being Listed
The property spans 4,201 square feet and is constructed of approximately 1,200 tons of concrete, 200 tons of steel reinforcement, and 12 massive pylons driven more than 60 feet into the sand. Continue Reading Kanye West’s Former Malibu Residence Resells Less Than a Week After Being Listed
Real Estate Scammer Sentenced in $3 Million Loan Fraud
David Izsak was convicted on ten counts of financial institution fraud. Continue Reading Real Estate Scammer Sentenced in $3 Million Loan Fraud
Agent Removed from Las Vegas Realtors’ Board of Directors
No reason was given for Zarbod Zanganeh’s removal. Continue Reading Agent Removed from Las Vegas Realtors’ Board of Directors
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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.
Fewer Listings, Fewer Home Sales in New York State
The median price of homes went up 9.6% in January to $400,000 from the $365,000 median price in January 2023. Continue Reading Fewer Listings, Fewer Home Sales in New York State
Jason Adams Joins Real Estate Law Firm Cox Castle as a Partner
Adams will focus on handling construction disputes and insurance and risk management matters. Continue Reading Jason Adams Joins Real Estate Law Firm Cox Castle as a Partner
Mortgage Rates Creep Up to the 7% Level
The 30-year fixed-rate mortgage averaged 6.90% as of Feb. 22, up from last week when it averaged 6.77%. Continue Reading Mortgage Rates Creep Up to the 7% Level
Scientists Group Calls on Feds to Establish a National Housing Loss Rate
The proposal calls for a housing-focused federal agency to take the lead on this project. Continue Reading Scientists Group Calls on Feds to Establish a National Housing Loss Rate
Mill Creek Residential Begins Preleasing on Dallas Mixed-Use Apartment Community
The seven-story community features 204 apartments and 4,000 square feet of ground-floor retail space. Continue Reading Mill Creek Residential Begins Preleasing on Dallas Mixed-Use Apartment Community
Existing Home Sales Up in January
“The median home price reached an all-time high for the month of January,” said NAR Chief Economist Lawrence Yun. Continue Reading Existing Home Sales Up in January
Median Rents Down for Sixth Straight Month
Asking rents for one-bedroom units increased by a scant 0.1% year-over-year to $1,591 in January. Continue Reading Median Rents Down for Sixth Straight Month
New Report Finds Spike in Commercial Real Estate Foreclosures
California led the states with commercial real estate foreclosures, recording 181 in January. Continue Reading New Report Finds Spike in Commercial Real Estate Foreclosures
Miami Beach Leaders Oppose Metromover Connection Project
The city leaders suggested exploring other options for alleviating the ongoing traffic congestion problems. Continue Reading Miami Beach Leaders Oppose Metromover Connection Project
CVS Health Provides $35 Million for Affordable Housing Projects in Hawaii
“These investments and collaborations echo our longstanding commitment to supporting and uplifting the people of Hawaii,” said CVS’ Scott Sutton. Continue Reading CVS Health Provides $35 Million for Affordable Housing Projects in Hawaii
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