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Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
The multifamily developer Thompson Thrift announced that it will develop Wrenly, a 214-unit community in the Atlanta suburb of Newnan, Georgia. Continue Reading Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
The multifamily developer Thompson Thrift announced that it will develop Wrenly, a 214-unit community in the Atlanta suburb of Newnan, Georgia. Continue Reading Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
National Private Lenders Association Launches Watchlist for Advancing Risk Controls
The National Private Lenders Association (NPLA) has launched the NPLA Watchlist, a searchable, members-only risk-intelligence program designed to help lenders, brokers, and service providers identify high-risk counterparties before funding. According to the...
New Study Tracks 10-Year Decline in Quebec’s Home Affordability Levels
A new study published by the Quebec Professional Association of Real Estate Brokers (QPAREB) has identified the deterioration of the province’s single-family home affordability over the past 10 years, with some regions experiencing a higher level of challenge. The...
Japan to Create National Database Tracking Foreign Ownership of Real Estate
The Japanese government is planning to create a centralized database to identify and manage foreign ownership of real estate. The Japan News, citing unnamed “multiple government sources,” reports the creation of a nationality registration system is designed to make...
NEWS & CURRENT EVENTS
Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
Pulte did not issue any public response to the story. Continue Reading Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
Pennsylvania Home Sales Up by 6.4%
The median price for the homes sold last month was $300,000. Continue Reading Pennsylvania Home Sales Up by 6.4%
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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.
Q3 Foreclosure Filings Up 17% Year-Over-Year
One in every 1,402 housing units had a foreclosure filing in the third quarter. Continue Reading Q3 Foreclosure Filings Up 17% Year-Over-Year
Leadership Shake-Up at Legacy Housing Corporation
Company co-founder and Chairman Kenny Shipley will serve as interim CEO. Continue Reading Leadership Shake-Up at Legacy Housing Corporation
Report: Apartment Rents Down Slightly in September
All regions posted month-over-month rent declines in September, most notably in the West with a -0.5% tumble. Continue Reading Report: Apartment Rents Down Slightly in September
The Slocum Home Team, a Rhode Island Brokerage, Joins eXp Realty’s Network
“The Slocum Home Team represents everything we believe in at eXp: legacy, excellence, and innovation,” said CEO Leo Pareja. Continue Reading The Slocum Home Team, a Rhode Island Brokerage, Joins eXp Realty’s Network
Good Earth Cafes Seeks to Acquire Former Starbucks Locations Across Canada
The company operates more than 50 locations across Canada. Continue Reading Good Earth Cafes Seeks to Acquire Former Starbucks Locations Across Canada
New York Attorney General Letitia James Indicted in Mortgage Fraud Case
James, who called the charges “baseless,” is scheduled to make an initial appearance in the federal court in Norfolk, Virginia, on Oct. 24. Continue Reading New York Attorney General Letitia James Indicted in Mortgage Fraud Case
Tech Trends: Smarter Ways to Do Business
This week’s edition of Tech Trends features artificial intelligence, deepfake detection and predictive analytics. A New App on Mr. Altman’s Platform. Zillow (NASDAQ: Z, ZG) announced it has become the first and only real estate app available in ChatGPT. According to...
Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
“This launch underscores our commitment to supporting the non-QM ecosystem,” said Tom Hutchens, president of Angel Oak Mortgage Solutions. Continue Reading Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
Hospitality at Work Acquires Vector Property Services
The financial terms of the deal were not disclosed. Continue Reading Hospitality at Work Acquires Vector Property Services
Mortgage Rates Go Into Decline
The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9. Continue Reading Mortgage Rates Go Into Decline
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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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