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HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
The CHA’s audit will cover the period of Sept. 1, 2022, to Aug. 31, 2025. Continue Reading HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
The CHA’s audit will cover the period of Sept. 1, 2022, to Aug. 31, 2025. Continue Reading HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
Mortgage Rates Decline Ahead of Thanksgiving
Mortgage rates dived ahead of the Thanksgiving holiday, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. A year ago at this...
A Phil Hall Op-Ed: Where’s the Beef in Trump’s Housing Affordability Plans?
A Phil Hall Op-Ed: If you were watching TV in the 1980s, you probably recall Clara Peller. She a diminutive elderly lady who appeared in commercials for the Wendy’s restaurant chain, and she is best remembered as the unimpressed patron of a fast-food joint who is...
Mortgage Application Activity Remains Mostly Flat
Mortgage application activity was stagnant for the week ending Nov. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by a scant 0.2% on a seasonally adjusted...
NEWS & CURRENT EVENTS
Corcoran Atlantic Opens First Office in Portugal
“Portugal is not just a beautiful place to live, it’s a smart place to invest,” said Pamela Liebman, president and CEO of The Corcoran Group. Continue Reading Corcoran Atlantic Opens First Office in Portugal
What Role Does Thanksgiving Play in Homebuying?
Gen Z stands out as the only group tilting toward an extra bathroom (48%) over an extra bedroom (39%). Continue Reading What Role Does Thanksgiving Play in Homebuying?
Mortgage Application Activity Tumbles by 5.2%
The FHA share of total applications increased to 19.9% from 19.4% the week prior. Continue Reading Mortgage Application Activity Tumbles by 5.2%
California Home Sales at Highest Level Since February
The statewide median home price ticked up 0.4% from $883,640 in September to $886,960 in October. Continue Reading California Home Sales at Highest Level Since February
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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.
Mortgage Rates Rise for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.34% as of Oct. 2. Continue Reading Mortgage Rates Rise for Second Straight Week
Report: One in Five Homes Had Price Reductions in September
Properties at the lower- and mid-tier and the South were the most likely to have lowered prices while luxury home prices remained steady. Continue Reading Report: One in Five Homes Had Price Reductions in September
CMBS Delinquency Rate Falls After 6 Months of Increases
Year-over-year, the overall CMBS delinquency rate is up 153 basis points from 5.70% Continue Reading CMBS Delinquency Rate Falls After 6 Months of Increases
Luxury Home Sales Rise While Sales Activity Declines
“Sales have slowed across all price tiers, and luxury homes are no exception,” said Redfin Senior Economist Sheharyar Bokhari. Continue Reading Luxury Home Sales Rise While Sales Activity Declines
FCP Expands into Las Vegas with Apartment Community Acquisition
The financial terms of the deal were not disclosed. Continue Reading FCP Expands into Las Vegas with Apartment Community Acquisition
169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
CBRE represented the seller, an affiliate of First Atlantic, LLC, and procured the buyer, an affiliate of Heritage Housing Inc. Continue Reading 169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
Corcoran Group Announces First Franchise in New Mexico
The firm will serve clients across the New Mexico capital city and in the surrounding areas up to the Colorado border. Continue Reading Corcoran Group Announces First Franchise in New Mexico
Kendra Newman Named General Counsel at Keller Williams
Newman joined KW in August 2021 as vice president and deputy general counsel. Continue Reading Kendra Newman Named General Counsel at Keller Williams
Attorneys General of 5 States Sue Zillow and Redfin Over Rental Housing Agreement
“This agreement between Zillow and Redfin not to compete is illegal,” said Virginia Attorney General Jason Miyares. Continue Reading Attorneys General of 5 States Sue Zillow and Redfin Over Rental Housing Agreement
Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties
“Climate risk is a reality today, not tomorrow,” said Matthew Eby, founder and CEO of First Street. Continue Reading Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties
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