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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
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...
Tech Trends: Keeping Track of Today’s Business, Meeting Tomorrow’s Tech Leaders
This edition of Tech Trends features the state of the tenant billing software submarket, new tools focused on real estate investing and risk analysis, and real estate tech companies joining the NAR REACH program. A Growing Software Sector. The US tenant billing...
NEWS & CURRENT EVENTS
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’
Why Working with a Mortgage Broker is the Key to Homeownership at a Better Rate
The American Dream has always been built on the foundation of homeownership. But for many Americans, securing an affordable mortgage has become a nightmare. Between rising interest rates and big banks tightening their lending standards, homebuyers are left wondering...
Ex-Central Banker Mark Carney Succeeds Justin Trudeau as Canada’s Prime Minister
Under Canadian law, federal elections must be held by October. Continue Reading Ex-Central Banker Mark Carney Succeeds Justin Trudeau as Canada’s Prime Minister
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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.
Accurate Group Acquires Voxtur Appraisal Services
Voxtur will operate as a standalone division and retain its dedicated team. Continue Reading Accurate Group Acquires Voxtur Appraisal Services
Federal Reserve Holds Rates Steady
The central bank pledged to “continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities.” Continue Reading Federal Reserve Holds Rates Steady
Nearly One-Third of Q3 Homes for Sale Were New Construction
The 30.6% share is the highest of any third quarter on record. Continue Reading Nearly One-Third of Q3 Homes for Sale Were New Construction
Brian Devlin Named President at Non-QM Lender Arc Home
Devlin is also set to assume the role of CEO following a transition period with current chief executive, Richard Bradfield. Continue Reading Brian Devlin Named President at Non-QM Lender Arc Home
Zillow Group Acquires Follow Up Boss CRM System
The acquisition purchase price includes $400 million of initial cash consideration and up to $100 million in a potential cash earnout. Continue Reading Zillow Group Acquires Follow Up Boss CRM System
Sherman Bridge Debuts Marketplace Connecting Lenders and Real Estate Investors
The marketplace will bring together investors with 15 lenders ready to make speedy offers. Continue Reading Sherman Bridge Debuts Marketplace Connecting Lenders and Real Estate Investors
MBA: Purchase Loan Applications at Lowest Level Since 1995
Refinance applications were at their lowest level since January. Continue Reading MBA: Purchase Loan Applications at Lowest Level Since 1995
loanDepot Unveils accessZERO Program to Assist Homebuyers
The new program is available nationwide for Federal Housing Administration purchase mortgages. Continue Reading loanDepot Unveils accessZERO Program to Assist Homebuyers
CMBS Delinquency Rate Hits New Post-Covid Peak
The spike was fueled by a $930 million industrial loan that showed up as past its balloon date and was not current on interest payments. Continue Reading CMBS Delinquency Rate Hits New Post-Covid Peak
Jury Finds NAR Guilty in Sitzer/Burnett Case
The case was originally filed four years ago. Continue Reading Jury Finds NAR Guilty in Sitzer/Burnett Case
ABOUT WEEKLY REAL ESTATE NEWS
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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