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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
Colorado Cities Sue State Over Housing Policies
Six Colorado cities are suing the state’s government over its efforts to overrule local authority on land use and zoning issues. Colorado Public Radio reports the cities are also questioning a recent executive order by Gov. Jared Polis that withholds some grant...
Kentucky Home Sales Up 12.5%
Kentucky recorded a total of 4,057 home sales in April, up 12.5% from the previous month but down 0.5% from one year earlier. According to data from Kentucky Realtors, the state had 6,188 new listings last month, up 2.3% from March and up 5.6% from April 2024. The...
NYC’s ‘Breakfast at Tiffany’s’ Townhouse Listed for $15 Million
The Manhattan townhouse that served as Audrey Hepburn’s home in the 1961 film classic “Breakfast at Tiffany’s” has been listed for $15 million. The New York Post reports to five-story, 4,465-square-foot property at 169 East 71st Street recently underwent a three-year...
NEWS & CURRENT EVENTS
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Hits and Misses for the Real Estate Week of March 10-14
HUD’s new priorities, Gavin Newsom’s financial benefactors and a pair of high-profile acquisition stories – one genuine, one not. Continue Reading Hits and Misses for the Real Estate Week of March 10-14
California Gives Provisional Approval for State Farm’s 22% Rate Hike
State Farm is California’s largest home insurer, with more than 1 million customers. Continue Reading California Gives Provisional Approval for State Farm’s 22% Rate Hike
Nebraska Contractor Indicted for Defrauding Customers
Bobby Bates Sr. is charged with two counts of wire fraud. Continue Reading Nebraska Contractor Indicted for Defrauding Customers
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Fannie Mae Forecasts Home Sales and Mortgage Origination Recovery in 2024
Current problems including affordability challenges, the lock-in effect, and a lack of homes available for sale are expected to persist. Continue Reading Fannie Mae Forecasts Home Sales and Mortgage Origination Recovery in 2024
Sameer Nair Joins Peachtree Group as SVP of Equity Asset Management
He was most recently senior vice president of acquisitions and development for Hospitality Ventures Management Group. Continue Reading Sameer Nair Joins Peachtree Group as SVP of Equity Asset Management
California Home Sales Plummet to 16-Year Low
Nearly two-thirds (31) of the state’s 50 counties registered declines in active listings from last year. Continue Reading California Home Sales Plummet to 16-Year Low
21.8% Increase in New Home Purchase Mortgage Applications
The average loan size for new homes decreased from $390,225 in October to $390,049 in November. Continue Reading 21.8% Increase in New Home Purchase Mortgage Applications
Housing Starts Surged in November
Single‐family authorizations in November were at a rate of 976,000, a 0.7% uptick from the revised October figure of 969,000. Continue Reading Housing Starts Surged in November
A Phil Hall Op-Ed: What Will 2024 Offer Us?
Editor Phil Hall offers a few predictions on the state of the economy and housing world in 2024. Continue Reading A Phil Hall Op-Ed: What Will 2024 Offer Us?
Study: 1 in 5 Canadians Struggling to Cover Their Basic Needs
“We understand this is a very difficult time for many Canadians,” says Lt. Col. John Murray, Salvation Army Canada territorial secretary for communications. Continue Reading Study: 1 in 5 Canadians Struggling to Cover Their Basic Needs
Institutional Property Advisors Brokers $171 Million California Multifamily Portfolio Sale
“The properties represent 11% of the total market-rate housing stock in Thousand Oaks,” said Kevin Green, IPA executive managing director investments. Continue Reading Institutional Property Advisors Brokers $171 Million California Multifamily Portfolio Sale
Builder Confidence Rises for First Time in Four Months
NAHB Chairman Alicia Huey said, “Boosting new home production is the best way to ease the affordability crisis, expand housing inventory and lower inflation.” Continue Reading Builder Confidence Rises for First Time in Four Months
Real Estate Investor Pleads Guilty to $165 Million Mortgage Fraud Conspiracy
Boruch “Barry” Drillman pleaded guilty to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Pleads Guilty to $165 Million Mortgage Fraud Conspiracy
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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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