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Mortgage Rates Take Another Tumble
The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16. Continue Reading Mortgage Rates Take Another Tumble
Mortgage Rates Take Another Tumble
The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16. Continue Reading Mortgage Rates Take Another Tumble
RE/MAX: April Home Sales Up 11.3%
April home sales were up 11.3% from March, according to the latest RE/MAX National Housing Report, continuing the month-over-month growth trend that began in January within the 51 metro areas surveyed for the data analysis. Compared to one year earlier, sales were...
Diddy’s $61.5 Million LA Mansion Fails to Attract Buyer Interest
While the ongoing trial of Sean "Diddy" Combs has been the center of media attention, the Los Angeles mansion that he listed a week before his arrest has been mostly ignored after roughly 250 days on the market. Combs’ 17,000-square-foot mansion with 10 bedrooms and...
Tennessee Woman Pleads Guilty to Fraudulent Deed Transfers and Home Sales
A Tennessee woman pleaded guilty for coordinating scams that involved fraudulent deed transfers and property sales. Alicia England of Chattanooga engaged in a wire fraud scheme that involved filing of bogus deeds for residential properties in North Carolina and other...
NEWS & CURRENT EVENTS
Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities
Florida has more than 1,400 developments blacklisted, with California, Colorado, Hawaii and Texas rounding out the top five states. Continue Reading Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities
‘Seinfeld’-Inspired Fraudster Sentenced for Real Estate Scams
Thomas John Sfraga was also known by the alias TJ Stone. Continue Reading ‘Seinfeld’-Inspired Fraudster Sentenced for Real Estate Scams
Voice of America Parent Agency Cancels Lease on New DC Headquarters
The USAGM cited “obscene over-spending including a nearly quarter-of-a-billion-dollar lease for a Pennsylvania Avenue high-rise.” Continue Reading Voice of America Parent Agency Cancels Lease on New DC Headquarters
Florida Lawmakers Consider Accessory Dwelling Units to Solve Affordable Housing Shortage
Under the legislation, ADUs would not be allowed in planned unit developments or master planned communities. Continue Reading Florida Lawmakers Consider Accessory Dwelling Units to Solve Affordable Housing Shortage
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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.
Florida’s Housing Market Enjoyed a Robust November
Florida had a 3.7-months’ supply of single-family existing homes last month, up 32.1% year-over-year. Continue Reading Florida’s Housing Market Enjoyed a Robust November
Tempus Realty Partners Sells Final Property in $21.6 Million Portfolio
The 20,036-square-foot building in North Davidson, North Carolina, was acquired by Tempus in 2019 for $2.4 million and repurposed for office use. Continue Reading Tempus Realty Partners Sells Final Property in $21.6 Million Portfolio
Lottery Drawing to Determine Tenancy in Manhattan Affordable Housing Development
The six affordable studio units are set at an area median income range of 130% at $2,600 monthly rent, Continue Reading Lottery Drawing to Determine Tenancy in Manhattan Affordable Housing Development
Mortgage Rates Fall Further Away From 7%
The 30-year fixed-rate mortgage averaged 6.67% as of Dec. 21, down from last week when it averaged 6.95% Continue Reading Mortgage Rates Fall Further Away From 7%
Real Messenger Rolls Out RealPremium Subscription Service
“We are thrilled to introduce RealPremium, a subscription service designed to take real estate communication to new heights,” said Thomas Ma, co-founder of Real Messenger. Continue Reading Real Messenger Rolls Out RealPremium Subscription Service
Connecticut Shopping Plaza Sells for $19.2 Million
The property was developed in 1962 and is 92% occupied with 46 tenants. Continue Reading Connecticut Shopping Plaza Sells for $19.2 Million
MBA: Median Mortgage Payments Drop by $62 in November
“Homebuyer affordability improved in November, with a decline in mortgage rates providing relief to prospective homebuyers,” said MBA’s Edward Seiler. Continue Reading MBA: Median Mortgage Payments Drop by $62 in November
Survey Finds Most Millennials and Gen Zers Never Move From Their Hometowns
As for those who did move away, 47% of millennials and Gen Zers said would consider returning to where they grew up and have family. Continue Reading Survey Finds Most Millennials and Gen Zers Never Move From Their Hometowns
Report Finds Affordable Homeownership Remained Elusive in Q4
The new report found major expenses on median-priced homes consume 33.7% of the average national wage in the fourth quarter. Continue Reading Report Finds Affordable Homeownership Remained Elusive in Q4
Philly Fed Chief on Rate Cuts: ‘We Don’t Have to Do It Too Fast’
Harker explained that the Federal Reserve needs to hold rates where they are because “the job of controlling inflation is not done.” Continue Reading Philly Fed Chief on Rate Cuts: ‘We Don’t Have to Do It Too Fast’
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