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Report: More Homes Selling at Discounted Prices
The typical home sold for 1.4% less than its final list price. Continue Reading Report: More Homes Selling at Discounted Prices
Report: More Homes Selling at Discounted Prices
The typical home sold for 1.4% less than its final list price. Continue Reading Report: More Homes Selling at Discounted Prices
Schumer Slams Trump’s Plan to Take Fannie Mae and Freddie Mac Public
Senate Democratic Leader Chuck Schumer slammed President Donald Trump’s announcement that he planned to take Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) public, claiming it would only “line the pockets of the wealthy” while jacking up mortgage costs. The...
Arrive Home Debuts New Iterations of Earned Equity Program
Salt Lake City-based Arrive Home has unveiled two new iterations of its Earned Equity Program (EEP) that seeks to expand homeownership access to underserved communities. According to the company, the new EEP Pathway designed for “ITIN and certain Visa statuses...
$3.5 Billion Montreal Mixed-Use Development to Include 7,000 Residential Units
Groupe Mach has unveiled its plans for the Langelier project, a $3.5 billion mixed-used development in Montreal that will encompass 7,000 residential units. The 1.45 million-square-foot project will encompass 5,700 market-rate residential units, 1,300 social and...
NEWS & CURRENT EVENTS
CoreLogic Rebrands as Cotality
The company has the new trademarked tagline “Intelligence beyond bounds.” Continue Reading CoreLogic Rebrands as Cotality
Report: Post-Wildfires Home Sales Down Significantly in Altadena and Pacific Palisades
Sale prices dropped in Altadena and rose in the Palisades last month. Continue Reading Report: Post-Wildfires Home Sales Down Significantly in Altadena and Pacific Palisades
Polymesh and Ocree Tokenize Canadian Commercial Property
The inaugural listing is a 156-unit Class A multifamily development in Winnipeg. Continue Reading Polymesh and Ocree Tokenize Canadian Commercial Property
Zillow: Sellers with Privately Listed Homes Typically Lost Nearly $5,000
Zillow’s survey data found Hispanic and Black home sellers are more often guided toward listing their homes privately by agents. Continue Reading Zillow: Sellers with Privately Listed Homes Typically Lost Nearly $5,000
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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.
Sellers Reaped Smaller Profits and ROI for 2023 Home Sales
The median home price increased 2.1% from 2022, reaching an all-time annual high of $335,000. Continue Reading Sellers Reaped Smaller Profits and ROI for 2023 Home Sales
Median Asking Rents Down in December
“Softening rental prices throughout 2023 offered renters a small reprieve,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Median Asking Rents Down in December
Apartments by Marriott Bonvoy Brand to Expand in Three Countries
The properties are planned in Detroit and St. Louis. Continue Reading Apartments by Marriott Bonvoy Brand to Expand in Three Countries
Forecast Projects Increase in Condo Communities During 2024
Community associations represent more than 30% of the U.S. housing stock. Continue Reading Forecast Projects Increase in Condo Communities During 2024
MBA: Only 0.23% of Loans in Forbearance at the End of 2023
According to MBA’s estimate, 115,000 homeowners are in forbearance plans. Continue Reading MBA: Only 0.23% of Loans in Forbearance at the End of 2023
FHLBank San Francisco Launches $1 Million Tribal Nations Program
Grant dollars from the Tribal Nations Program will be allocated based on the percentage of Native American population across the Bank’s three-state district of Arizona, California, and Nevada. Continue Reading FHLBank San Francisco Launches $1 Million Tribal Nations Program
Connecticut Estate Designed by Frank Lloyd Wright Sells at Discounted Price
The property was listed last May at $8 million but sold for $6 million. Continue Reading Connecticut Estate Designed by Frank Lloyd Wright Sells at Discounted Price
Realty One Group Expands Into Greek Market
The company has more than 400 locations in 49 U.S. states, Washington D.C. and 20 countries and territories. Continue Reading Realty One Group Expands Into Greek Market
MBA Forecasts $576 Billion in Commercial and Multifamily Mortgage Activity for 2024
“2023 is likely to go into the record books as the slowest year for commercial real estate borrowing and lending in roughly a decade,” said MBA’s Jamie Woodwell. Continue Reading MBA Forecasts $576 Billion in Commercial and Multifamily Mortgage Activity for 2024
Saudi Government Changes Policy for Real Estate Investing in Holy Cities
The kingdom is seeking to diversify financing products in the Saudi capital market by developing a debt market, real estate contributions, and other developments in the funds sector. Continue Reading Saudi Government Changes Policy for Real Estate Investing in Holy Cities
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