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Existing Home Sales Up 1.5% in September
The median existing home price for all housing types was $415,200, up 2.1% from the $406,700 recorded one year earlier. Continue Reading Existing Home Sales Up 1.5% in September
Existing Home Sales Up 1.5% in September
The median existing home price for all housing types was $415,200, up 2.1% from the $406,700 recorded one year earlier. Continue Reading Existing Home Sales Up 1.5% in September
Existing Home Sales Down by 0.5% in April
Existing home sales during April dropped by 0.5% from March to a seasonally adjusted annual rate of 4.00 million in April, according to new data from the National Association of Realtors (NAR). On a year-over-year basis, sales were down by 2.0% from 4.08 million in...
Appraisal Institute Ousts Vice President Accused of Sexual Harassment
The Appraisal Institute’s national board has voted to remove Craig Steinley as vice president following a New York Times report that he was accused of sexual harassment by a dozen women. The New York Times reported the organization said it national board was “acting...
$16.9 Million Allocated for Virginia Workforce Housing Investment Program
Virginia Gov. Glenn Youngkin has announced more than $16.9 million of funding for the Virginia Workforce Housing Investment Program to support the development of 740 workforce housing units across 10 localities. Virginia Housing administers the Workforce Housing...
NEWS & CURRENT EVENTS
Retailer Forever 21 Files for Bankruptcy
The Forever 21 trademark and intellectual property are owned by Authentic Brands, which licenses them to F21 OpCo. Continue Reading Retailer Forever 21 Files for Bankruptcy
HUD and Interior Team to Identify Federal Lands for Developing Affordable Housing
20% of the nation’s landmass is owned by the Department of Interior. Continue Reading HUD and Interior Team to Identify Federal Lands for Developing Affordable Housing
Tariff Agita Drives Down Builder Confidence Levels
“Construction firms are facing added cost pressures from tariffs,” said NAHB Chief Economist Robert Dietz. Continue Reading Tariff Agita Drives Down Builder Confidence Levels
NAR: Black Homeownership Rate Rising, But Still Below Other Demographics
The overall US homeownership rate was higher in 2023 (65.2%) than a decade ago (63.5% in 2013). Continue Reading NAR: Black Homeownership Rate Rising, But Still Below Other Demographics
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California, New Jersey and Illinois Cited as Most At-Risk Q3 Housing Markets
“Some parts of the country continue to pop up on the radar as places to watch for signs of housing-market drop-offs, based on key quarterly measures,” said Rob Barber, CEO at ATTOM. Continue Reading California, New Jersey and Illinois Cited as Most At-Risk Q3 Housing Markets
HUD in New Climate Change Endeavors
HUD Secretary Fudge spoke of her department’s “strong and enduring commitment to energy efficiency and climate resiliency.” Continue Reading HUD in New Climate Change Endeavors
Fannie Mae: Only 14% of Americans Think It’s a Good Time for Home Buying
More Americans now believe mortgage rates are heading down in the next 12 months. Continue Reading Fannie Mae: Only 14% of Americans Think It’s a Good Time for Home Buying
Private Investment Firm Creates Advisory Board Focused on Real Estate and Mortgages
Board members include Kamini Lane of Coldwell Banker Realty and Kevin Peranio of PRMG Inc. Continue Reading Private Investment Firm Creates Advisory Board Focused on Real Estate and Mortgages
Alliant Credit Union Expands Mortgage Offerings
“Helping Americans achieve their financial goals, including homeownership, is at the core of Alliant’s mission,” said Dan Bauer, head of residential lending. Continue Reading Alliant Credit Union Expands Mortgage Offerings
Johnny Damon Lists Amenity-Packed Florida Estate for $30 Million
The residence has nine bedrooms and 15 bathrooms, along with two kitchens, three guest apartments and a two-story closet. Continue Reading Johnny Damon Lists Amenity-Packed Florida Estate for $30 Million
Harbor Group International Acquires Multifamily Community in Suburban Atlanta
“As a new development with high-quality amenities, we expect The Statesman to garner a strong renter base,” said HGI’s Yisroel Berg. Continue Reading Harbor Group International Acquires Multifamily Community in Suburban Atlanta
New Condominium Project Announced for Montreal
Delivery is scheduled for fall 2024 and half of the units have already been sold. Continue Reading New Condominium Project Announced for Montreal
Mortgage Application Activity Up 2.8%
The Refinance Index was up by 14% from the previous week and was 10% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 2.8%
Former NYC Prison to be Repurposed as Affordable Homeownership Complex
New York Gov. Kathy Hochul said the project is part of the state’s goal to “reimagine what’s possible at underutilized jails and prisons.” Continue Reading Former NYC Prison to be Repurposed as Affordable Homeownership Complex
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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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