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Report: 53% of All Homes Lost Value Since Last Year
Only 4% of homes have lost value since they were last sold, a smaller share than before the pandemic. Continue Reading Report: 53% of All Homes Lost Value Since Last Year
Report: 53% of All Homes Lost Value Since Last Year
Only 4% of homes have lost value since they were last sold, a smaller share than before the pandemic. Continue Reading Report: 53% of All Homes Lost Value Since Last Year
Virginia Home Sales Remain Flat While Prices Continue to Rise
A total of 10,649 closed home sales were recorded across Virginia in May, a mere 66 fewer than one year ago for a 0.6% decrease. According to Virginia Realtors, the stagnant rate of home sales occurred while inventory growth accelerated. There were 23,137 active...
Mortgage Rates Decline Again
Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.77% as of June 26, down from last week when it averaged 6.81%. A year ago at this time, it averaged...
Mortgage Application Payments Increased in May
The national median payment carried by purchase loan applicants increased in May to $2,211 from $2,186 in April, according to new data from the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index report. For borrowers applying for lower-payment...
NEWS & CURRENT EVENTS
HUD HQ Building Listed for ‘Accelerated Disposal’
“You know, HUD is known as the ugliest building in DC, which is not a mantra I like,” said Secretary Turner. Continue Reading HUD HQ Building Listed for ‘Accelerated Disposal’
Ohio AG Sues United Wholesale Mortgage, Claiming ‘Conspiracy’ with Brokers
Yost launched his campaign for governor in January. Continue Reading Ohio AG Sues United Wholesale Mortgage, Claiming ‘Conspiracy’ with Brokers
Ginnie Mae MBS Portfolio Reached $2.73 Trillion in March
Ginnie Mae issued $33.2 billion in total MBS, resulting in a net portfolio growth of $5.9 billion. Continue Reading Ginnie Mae MBS Portfolio Reached $2.73 Trillion in March
California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors
The bill was inspired by the mortgage forbearance aspects of the Covid-era CARES Act. Continue Reading California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors
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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.
Whole Foods Markets to Expand Urban Retail Presence
The new format, called Whole Foods Market Daily Shop, will be introduced later this year in New York City. Continue Reading Whole Foods Markets to Expand Urban Retail Presence
Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization
The $240 million deal consisted of 370 RTLs that financed approximately 527 housing units. Continue Reading Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization
Johnny Carson’s One-Time New York Home Listed for $5.3 Million
Carson bought the home in 1959 when he was hosting the game show “Who Do You Trust?
” Continue Reading Johnny Carson’s One-Time New York Home Listed for $5.3 Million
CMBS Delinquency Rate Inches Up to 4.71%
Last month’s uptick was mostly fueled by office sector delinquencies, which spiked by 33 basis points to 6.63%. Continue Reading CMBS Delinquency Rate Inches Up to 4.71%
Jay Olander Joins Capital Square as President and CFO
Olander also serves as chief financial officer and treasurer of Capital Square Apartment REIT Inc. Continue Reading Jay Olander Joins Capital Square as President and CFO
Two Ratings Agencies Slash Credit Grade for NYCB
NYCB’s stock plummeted on Friday by 26%, ending the week at $3.55 – a 65% year-over-year collapse of its stock price. Continue Reading Two Ratings Agencies Slash Credit Grade for NYCB
$37 Million Refinancing Secured for Texas Multifamily Property
The terms of the five-year loan include 6.23% interest only and a spread of 1.68%. Continue Reading $37 Million Refinancing Secured for Texas Multifamily Property
Morgan Clark to Lead Investor Relations at Basis Industrial
Clark previously led investor relations and fund management for Foundry Commercial’s development and investment platform. Continue Reading Morgan Clark to Lead Investor Relations at Basis Industrial
Hits and Misses for the Real Estate Week of Feb. 25-March 1
This week’s Hits and Misses includes Macy’s store closings, the CFPB’s opaqueness and living in a Mercedes-Benz (but not a car). Continue Reading Hits and Misses for the Real Estate Week of Feb. 25-March 1
1830 Farmhouse Being Offered for Free, But There is a Catch
The residence includes four bedrooms, two bathrooms, two chimneys and five fireplaces. Continue Reading 1830 Farmhouse Being Offered for Free, But There is a Catch
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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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