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Mortgage Rates Are Falling Again
The 30-year fixed-rate mortgage averaged 6.19% as of Oct. 23. Continue Reading Mortgage Rates Are Falling Again
Mortgage Rates Are Falling Again
The 30-year fixed-rate mortgage averaged 6.19% as of Oct. 23. Continue Reading Mortgage Rates Are Falling Again
Mortgage Rates Inch Up
Mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.81% as of May 15, up from last week when it averaged 6.76%. A year ago at this time, it averaged 7.02%. The...
Builder Confidence Drops, Albeit with a Significant Asterisk Attached
Builder confidence took a sizable stumble this month amid concerns of tariffs, interest rates and an uncertain economic outlook. However, the National Association of Home Builders (NAHB) stressed that its Housing Market Index (HMI) data was culled prior to the May 12...
Zillow: New Listings Are Outpacing Home Sales
More properties are coming on the market than being sold, according to a new data report from Zillow (NASDAQ: Z, ZG). During April, Zillow found the quantity of new listings were up 9.8% from March and up 7.6% from one year earlier, outpacing sales nationwide. New...
NEWS & CURRENT EVENTS
Hits and Misses for the Real Estate Week of March 3-7
A real estate agent gets slammed for insulting a waiter, another agent seeks to oust Los Angeles’ mayor, and a huge hole that needs to be filled. Continue Reading Hits and Misses for the Real Estate Week of March 3-7
Blackstone Announces $8 Billion Final Close for New Commercial Property Debt Fund
The firm devoted roughly two years to raising the fund, which will be active in North America, Europe and Australia. Continue Reading Blackstone Announces $8 Billion Final Close for New Commercial Property Debt Fund
DOGE Uncovers Tens of Thousands of Unused Paid Software Licenses at HUD
HUD paid for 11,020 Acrobat licenses with zero users. Continue Reading DOGE Uncovers Tens of Thousands of Unused Paid Software Licenses at HUD
American Real Estate Association Unveils Alternative to NAR’s Clear Cooperation Policy
AREA stated its proposed policy enables sellers to “maintain control over how their home is listed while ensuring full MLS access for professionals.” Continue Reading American Real Estate Association Unveils Alternative to NAR’s Clear Cooperation Policy
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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.
Fear Not, Zombie Foreclosures Pose No Great Risk
About 8,900 sit vacant as zombie foreclosures in the fourth quarter. Continue Reading Fear Not, Zombie Foreclosures Pose No Great Risk
Parks Hospitality Holdings Acquires the Historic Boston Park Plaza
The hotel will be transitioned to Hilton Boston Park Plaza as part of a post-acquisition rebranding initiative. Continue Reading Parks Hospitality Holdings Acquires the Historic Boston Park Plaza
S&P CoreLogic Case-Shiller: Home Prices Continue to Rise
For the fourth straight month, Chicago reported the highest year-over-year gain among the 20 cities tracked by the index. Continue Reading S&P CoreLogic Case-Shiller: Home Prices Continue to Rise
A Phil Hall Op-Ed: A Few Words on Mohamed Hadid’s Hateful Posting
A Phil Hall Op-Ed: Over the weekend, social media was aflutter with a posting by the Beverly Hills real estate developer Mohamed Hadid, who has 1.3 million Instagram followers. While Hadid is highly respected in the real estate world, a lot of his social media...
New Phase of 258 Lots Added to Texas’ Elevon Community
“This mix will create more interesting and appealing streetscapes within the community,” said Blake Friesenhahn, vice president of Pacesetter Homes DFW. Continue Reading New Phase of 258 Lots Added to Texas’ Elevon Community
Rocket Mortgage Upgrades Pathfinder Tool with AI Chat Interface
A new AI chat interface in Pathfinder is being tested to help mortgage bankers and brokers answer client questions. Continue Reading Rocket Mortgage Upgrades Pathfinder Tool with AI Chat Interface
CMHC Chief Romy Bowers Leaving for IMF Position
Bowers joined CMHC in 2015 as the agency’s chief risk manager and took on the chief executive duties in 2020. Continue Reading CMHC Chief Romy Bowers Leaving for IMF Position
Wells Fargo Vice Chairman Leaves After A Month on the Job
Nides joined Wells Fargo after retiring in July as U.S. Ambassador to Israel. Continue Reading Wells Fargo Vice Chairman Leaves After A Month on the Job
Cenlar Taps David Schneider as President
Schneider joined the company earlier this year as chief financial officer. Continue Reading Cenlar Taps David Schneider as President
David H. Stevens: Biden White House Has a ‘Significant Leadership Void’ on Housing Policy
“It’s literally destroying the hopes and aspirations of younger Americans who want to buy a home,” he said. Continue Reading David H. Stevens: Biden White House Has a ‘Significant Leadership Void’ on Housing Policy
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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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