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Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
At the other end of the spectrum, about 2.8% of mortgaged residential properties were considered seriously underwater in the third quarter. Continue Reading Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
At the other end of the spectrum, about 2.8% of mortgaged residential properties were considered seriously underwater in the third quarter. Continue Reading Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
Vietnam Approves Trump Organization’s Golf Resort Real Estate Project
The Vietnamese government has approved a $1.5 billion proposal by the Trump Organization to build golf courses, hotels and real estate projects in the country. The Associated Press reports the Trump Organization and a local developer, Kinhbac City, proposed their...
Voice of America’s DC HQ Listed for Sale
The Washington, DC headquarters of the Voice of America is the latest federal property on the list for “accelerated disposal.” Bloomberg reports the property, formally known at the Wilbur Cohen Federal Building, is located south of the National Mall and two blocks...
New NAR Study: Housing Affordability Gap Remains in Place
A new data analysis by the National Association of Realtors (NAR) has determined affordable homeownership is still an elusive commodity for too many Americans. The new NAR study found households earning $75,000 a year can only afford 21.2% of home listings as of...
NEWS & CURRENT EVENTS
CVS to Open 12 Mini-Stores Focused on Pharmacy Services
CVS is planning to close 270 locations this year after 800 net closures during the past three years. Continue Reading CVS to Open 12 Mini-Stores Focused on Pharmacy Services
SBA to Relocate Regional Offices Out of 6 Sanctuary Cities
The regional offices in Atlanta, Boston, Chicago, Denver, New York City, and Seattle will be moved in the coming months. Continue Reading SBA to Relocate Regional Offices Out of 6 Sanctuary Cities
Elon Musk’s xAI Buys 1 Million SF Facility in Memphis
xAI’s specific plans for the facility were not disclosed in the news announcement. Continue Reading Elon Musk’s xAI Buys 1 Million SF Facility in Memphis
Maui Mayor: ‘Housing Remains One of the Most Pressing Challenges’
“The County is on track to contribute to nearly 620 completed units last year,” said Mayor Richard Bissen. Continue Reading Maui Mayor: ‘Housing Remains One of the Most Pressing Challenges’
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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.
FHA Extends Foreclosure Moratorium in Maui County
The moratorium was originally set to expire on Nov. 8. Continue Reading FHA Extends Foreclosure Moratorium in Maui County
CRMLS Now Offering CubiCasa’s Floor Plan Product
CRMLS users will receive special access to free floor plans, discounts on add-on features, and access to a network of real estate photographers. Continue Reading CRMLS Now Offering CubiCasa’s Floor Plan Product
CondoTek and MGIC Unveil Condo Compliance Solution
The MGIC Compliance validation is delivered at no additional cost to CondoTek’s CPW. Continue Reading CondoTek and MGIC Unveil Condo Compliance Solution
Attorney Doneene K. Damon Joins Redwood Trust’s Board of Directors
Damon is a practicing attorney as a director of Richards, Layton & Finger P.A., a multi-disciplinary law firm based in Wilmington, Delaware. Continue Reading Attorney Doneene K. Damon Joins Redwood Trust’s Board of Directors
Mortgage Rates Hold Steady
“The 30-year fixed-rate mortgage paused its multi-week climb but continues to hover under 8%,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Hold Steady
Federal Housing Administration Changes Appraisal Requirements for Certain Manufactured Homes
Federal Housing Commissioner Julia R. Gordon said this update is part of the “comprehensive efforts to increase both the supply and affordability of manufactured homes.” Continue Reading Federal Housing Administration Changes Appraisal Requirements for Certain Manufactured Homes
Build More Housing Near Transit Act is Reintroduced in Bipartisan Endeavor
“Our bill will maximize federal investments in transit and increase housing options for cost-burdened Americans to alleviate this pressure,” said Rep. Scott Peters. Continue Reading Build More Housing Near Transit Act is Reintroduced in Bipartisan Endeavor
Bank of England Keeps Rates at 15-Year High
Three members of the Monetary Policy Committee sought a 0.25 percentage point rate hike. Continue Reading Bank of England Keeps Rates at 15-Year High
NAR Names Media Executive Nykia Wright as Interim CEO
Wright was formerly CEO of the Chicago Sun-Times. Continue Reading NAR Names Media Executive Nykia Wright as Interim CEO
Real Estate Attorney Neal Weinstein Joins Law Firm Kane Kessler as Partner
Weinstein brings more than 20 years of experience in commercial real estate transactions. Continue Reading Real Estate Attorney Neal Weinstein Joins Law Firm Kane Kessler as Partner
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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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