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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
Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price
Nearly 6% of homes are at risk of being sold for less than their purchase price, according to a new data report from Redfin (NASDAQ: RDFN) based on active listings on the MLS during May. Last year at this time, the share was at 4.4%. Redfin noted this situation varied...
Wisconsin Home Sales Down While Listings and Prices Rise
Wisconsin recorded 6,607 home sales during May, a 2.1% drop from the 6,752 transactions recorded one year earlier. According to data from the Wisconsin Realtors Association (WRA), the decline in sales came as total statewide listings surged by 8.5% from 20,309 in May...
Case-Shiller Index Records 2.7% Annual Gain in April
The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 2.7% annual return in April, down from 3.4% the previous month. The 10-City Composite annual increase came in at 4.1%, down from 4.8% the previous month, while the 20-City Composite posted...
NEWS & CURRENT EVENTS
Lowe’s Acquires Artisan Design Group for $1.3 Billion
Lowe’s will finance the acquisition with cash on hand. Continue Reading Lowe’s Acquires Artisan Design Group for $1.3 Billion
Lofty Debuts Automated Agent Marketing Tool
The company will unveil Lofty Bloom in the webinar “Plant the Seeds of Success: Own Your Market with Lofty Bloom.” Continue Reading Lofty Debuts Automated Agent Marketing Tool
A Phil Hall Op-Ed: Talking About a Recession
What happens when the messengers appear to be corrupting the message? Continue Reading A Phil Hall Op-Ed: Talking About a Recession
Arizona MLS to Add Floor Plans to Listings
WARDEX noted floor plans are a standard feature in many international real estate markets. Continue Reading Arizona MLS to Add Floor Plans to Listings
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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.
Mortgage Rates Rise Again
“The economy has been performing well so far this year and rates may stay higher for longer,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Rise Again
The Top Market for Real Estate Investing in Short-Term Rentals Is…
Columbus, Georgia, topped the list, with AirDNA citing “its affordable typical home value of $160,600.” Continue Reading The Top Market for Real Estate Investing in Short-Term Rentals Is…
Builder Confidence at 6-Month High
NAHB Chief Economist Robert Dietz forecasted “single-family starts will rise about 5% this year.” Continue Reading Builder Confidence at 6-Month High
Refinancing Secured for Landmark NYC Building
The property was built in 1932 as the offices of Cities Service Company (later known as Citgo). Continue Reading Refinancing Secured for Landmark NYC Building
Davidson Kempner Capital Management to Launch Commercial Real Estate Fund
Davidson Kempner Capital Management LP, a New York City-headquartered global institutional investment management firm, is planning to launch a fund dedicated to the commercial real estate sector. According to a Bloomberg report sourced from unnamed “people with...
Paradatec Launches New Analytics Module for AI-Cloud Platform
The company’s AI-Cloud platform is designed to improve overall data accuracy and flag unusual data. Continue Reading Paradatec Launches New Analytics Module for AI-Cloud Platform
Colonial-Era Connecticut Property to Become Credit Union’s Lending Office
The property was built in 1767 for Rev. John Foot, the second minister of the town’s First Congregational Church. Continue Reading Colonial-Era Connecticut Property to Become Credit Union’s Lending Office
Investors Bought 26% of Affordable Homes During Q4 2023
Single-family homes represented 68.6% of investor purchases in the fourth quarter. Continue Reading Investors Bought 26% of Affordable Homes During Q4 2023
Guild Mortgage Acquires Academy Mortgage Corp.
This transaction is Guild’s sixth acquisition since 2021. Continue Reading Guild Mortgage Acquires Academy Mortgage Corp.
A&D Mortgage Offers Leap Year Promotion for Mortgage Brokers
The promotion runs through Feb. 29. Continue Reading A&D Mortgage Offers Leap Year Promotion for Mortgage Brokers
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