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New Forecast Predicts 14% Spike in Existing Home Sales During 2026
“As we go into next year, the mortgage rate will be a little bit better,” said Chief Economist Lawrence Yun. Continue Reading New Forecast Predicts 14% Spike in Existing Home Sales During 2026
New Forecast Predicts 14% Spike in Existing Home Sales During 2026
“As we go into next year, the mortgage rate will be a little bit better,” said Chief Economist Lawrence Yun. Continue Reading New Forecast Predicts 14% Spike in Existing Home Sales During 2026
Trump Administration Intervenes in Eminent Domain Case Over NJ Family-Owned Farm
The Trump administration is intervening in a case involving a 175-year-old family-owned farm being threatened with eminent domain seizure by the town of Cranbury, New Jersey, which wants to take the property for the construction of affordable housing. Fox Business...
HUD Proposes Eliminating Green Housing Mandate
Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the Federal Housing Administration (FHA) will propose an across-the-board leveling of its Upfront Capitalized and Annual Mortgage Insurance Premiums (MIPs) to 25 basis points for all...
Migrant Processing Services Terminated at NYC’s Historic Roosevelt Hotel
New York City has officially ended the migrant arrival center that has been operating within the historic Roosevelt Hotel. The Associated Press reports the center’s last full day in operation was on Monday, with the hotel becoming vacant on Tuesday afternoon. The...
NEWS & CURRENT EVENTS
Builder Confidence Records a Scant Uptick Amid Tariff Jitters
“The recent dip in mortgage rates may have pushed some buyers off the fence in March, helping builders with sales activity,” said NAHB Chairman Buddy Hughes. Continue Reading Builder Confidence Records a Scant Uptick Amid Tariff Jitters
Canadian Housing Starts Down in March
Montreal posted a 138% year-over-year increase in actual housing starts in March. Continue Reading Canadian Housing Starts Down in March
Leadership Shifts at American Financial Resources
Robert Pieklo joined AFP as COO in February 2024 following its acquisition by Proprietary Capital. Continue Reading Leadership Shifts at American Financial Resources
Mortgage Application Volume Down 8.5%
The Refinance Index decreased 12% from the previous week. Continue Reading Mortgage Application Volume Down 8.5%
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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.
Anaheim Multifamily Community Chateau de Ville Sells for $79 Million
Built in 1970 on nine acres, Chateau de Ville is a 21-building, controlled-access community. Continue Reading Anaheim Multifamily Community Chateau de Ville Sells for $79 Million
Single-Family Home Sales Up in Florida
Florida’s median sales price for single-family existing homes was $405,000, up 3.8% from the previous year. Continue Reading Single-Family Home Sales Up in Florida
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
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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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