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Mortgage Rates Tick Up Slightly
The 30-year fixed-rate mortgage averaged 6.22% as of Dec. 11, up from last week when it averaged 6.19% Continue Reading Mortgage Rates Tick Up Slightly
Mortgage Rates Tick Up Slightly
The 30-year fixed-rate mortgage averaged 6.22% as of Dec. 11, up from last week when it averaged 6.19% Continue Reading Mortgage Rates Tick Up Slightly
Leadership Shift at Brixmor Property Group
Brixmor Property Group Inc. (NYSE: BRX), a New York City-based real estate investment trust with a national portfolio of open-air shopping centers, announced that CEO James M. Taylor Jr. will retire effective Jan. 1, 2026. Brian T. Finnegan, the company's president...
Judge Dismisses Mortgage Fraud Case Against Letitia James
A federal judge has dismissed the Trump administration’s indictment of New York Attorney General Letitia James on alleged mortgage fraud, stating the prosecutor in the case was unlawfully appointed. The Hill reports US District Judge Cameron Currie, a Clinton...
MBA Chief Calls for Federal Probe into Price Hikes on Credit Reporting Products
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...
NEWS & CURRENT EVENTS
New Home Purchase Mortgage Applications Down in October
The average loan size for new homes increased from $379,107 in September to $381,404 in October. Continue Reading New Home Purchase Mortgage Applications Down in October
New Forecast Predicts 14% Spike in Existing Home Sales During 2026
“As we go into next year, the mortgage rate will be a little bit better,” said Chief Economist Lawrence Yun. Continue Reading New Forecast Predicts 14% Spike in Existing Home Sales During 2026
Report: White House Officials Tried to Get Pulte Fired
“Trump has resisted, telling confidants he appreciates Pulte’s loyalty,” the report said. Continue Reading Report: White House Officials Tried to Get Pulte Fired
Canadian Home Sales Up, Prices Down in October
There were 189,000 properties listed for sale on all Canadian MLS Systems at the end of last month, up 7.2% from October 2024. Continue Reading Canadian Home Sales Up, Prices Down in October
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
CoStar Group Accuses Zillow of Ongoing Copyright Infringement Despite Lawsuit on Using Watermarked Photographs
“Despite being caught red-handed blatantly stealing our copyrighted work, Zillow has double downed to exploit thousands of additional copyrighted images without any shame,” said CoStar founder and CEO Andy Florance. Continue Reading CoStar Group Accuses Zillow of Ongoing Copyright Infringement Despite Lawsuit on Using Watermarked Photographs
Pending Home Sales on the Rise During August
Regionally, pending sales rose month-over-month in the Midwest, South, and West but declined in the Northeast. Continue Reading Pending Home Sales on the Rise During August
Century Communities Unveils New Florida Community
Pricing starts from the $300,000s. Continue Reading Century Communities Unveils New Florida Community
JLL Names Sam Schaefer as CEO of Property Management
Schaefer joins JLL from Trammell Crow Company, where he served as principal. Continue Reading JLL Names Sam Schaefer as CEO of Property Management
Thompson Thrift to Develop 300-Unit Community in Suburban Atlanta
Thompson Thrift expects to welcome the first residents in January 2027. Continue Reading Thompson Thrift to Develop 300-Unit Community in Suburban Atlanta
Philadelphia Real Estate Agent Pleads Guilty to Loan Fraud Scheme
Jonathan Barach is scheduled to be sentenced on Feb. 2, 2026, and faces a maximum possible term of 30 years’ imprisonment. Continue Reading Philadelphia Real Estate Agent Pleads Guilty to Loan Fraud Scheme
Modular Housing Provider Boxabl Expands into South Carolina
With this approval, the company can proceed with a manufacturing and supply contract with Horizons Getaways for the delivery of its 150 Casita units. Continue Reading Modular Housing Provider Boxabl Expands into South Carolina
Brennan Investment Acquires 16-Building Industrial Portfolio in Houston
The buildings were built between 1999 and 2018, ranging in size from 11,000 to 450,000 square feet, and are designed for manufacturing operations. Continue Reading Brennan Investment Acquires 16-Building Industrial Portfolio in Houston
Trump Posts Meme Showing Him Firing Jerome Powell
The post had no text accompaniment and the White House offered no explanation on whether this a harbinger of things to come or another example of Trump trolling Powell. Continue Reading Trump Posts Meme Showing Him Firing Jerome Powell
The Agency Opens Fifth Texas Office
The Agency Rockwall will be led by Managing Partners Heather Stevens and Vanessa Griffin. Continue Reading The Agency Opens Fifth Texas Office
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