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New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
Bayview Asset Management Completes $1.3 Billion Acquisition of Guild Holdings
Bayview Asset Management, a global investment management firm with approximately $36.1 billion in assets under management, announced that its Bayview MSR Opportunity (U.S.) Master Fund LP, has completed its $1.3 billion all-cash acquisition of Guild Holdings Company...
Cash-Strapped Filmmaker Coppola Puts Landmark San Francisco Building Up as Collateral
Oscar-winning filmmaker Francis Ford Coppola is using San Francisco's historic Sentinel Building as collateral for a new private loan in his ongoing efforts to mitigate the financial disaster created by his 2024 box office flop "Megalopolis." The San Francisco...
Trump Says He Made His Pick for Next Fed Chairman
President Trump has stated he made his choice for the next Federal Reserve chairman, but he declined to immediately share his decision. Speaking with reporters on Sunday, Trump said, "I know who I am going to pick, yeah. We'll be announcing it." When asked if Kevin...
NEWS & CURRENT EVENTS
Fewer Homebuyers Have Post-Purchase Regret
60% of boomers reported no regrets at all, compared to 45% of Gen X, 34% of millennials and 27% of Gen Zers. Continue Reading Fewer Homebuyers Have Post-Purchase Regret
Kentucky Home Sales Plummet in October
October’s median sales price of $270,000 held steady from the previous month and was up 1.9% from one year earlier. Continue Reading Kentucky Home Sales Plummet in October
Report: Fewer Canadians View Renting as a Stepping Stone to Homeownership
“The idea that renters are young, mobile, and just passing through no longer holds true,” says Viler Lika, founder and CEO of SingleKey. Continue Reading Report: Fewer Canadians View Renting as a Stepping Stone to Homeownership
JPMorgan Chase Allocates $40 Million for Affordable Housing Development
“We know that housing is at the root of local economic growth and homeownership is key to building generational wealth,” said JPMorgan Chase’s Tim Berry. Continue Reading JPMorgan Chase Allocates $40 Million for Affordable Housing Development
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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.
Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio
The convenience stores in this portfolio have an average of more than 8,000 square feet. Continue Reading Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio
Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes
Paxton contacted officials in La Marque, Odessa, Tom Bean and Whitesboro. Continue Reading Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes
Rite Aid Shutters Remaining Stores
Rite Aid had fewer than 100 stores prior to its official shutdown. Continue Reading Rite Aid Shutters Remaining Stores
Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. Continue Reading Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
NJ Democrat Proposes Using Eminent Domain to Seize Trump’s Bedminster Golf Club
The proposal would have the golf venue turned into an affordable housing site. Continue Reading NJ Democrat Proposes Using Eminent Domain to Seize Trump’s Bedminster Golf Club
NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000
Juan Valoy was not a licensed broker and did not have permission from the apartments’ owners to show their residences. Continue Reading NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000
K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million
The sale will also encompass a 44,000-square-foot surface parking lot with 142 spaces and 65 underground parking spaces. Continue Reading K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million
Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
Holding a special session does not guarantee that any legislation would pass. Continue Reading Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
FHFA Withdraws Three Biden-Era Proposed Rules
The FHFA made the announcement of the withdrawals in the Federal Register, stating it no longer planned to issue final rules for the proposals. Continue Reading FHFA Withdraws Three Biden-Era Proposed Rules
One in Six Home Sellers Dropped Their Asking Price
The typical home that sold in August went for 3.8% less than its original asking price—the steepest discount for that month since 2019. Continue Reading One in Six Home Sellers Dropped Their Asking Price
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