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Mortgage Credit Availability Increases for Fifth Straight Month
“Mortgage credit availability increased for the fifth consecutive month to its highest level since 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Increases for Fifth Straight Month
Mortgage Credit Availability Increases for Fifth Straight Month
“Mortgage credit availability increased for the fifth consecutive month to its highest level since 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Increases for Fifth Straight Month
Q3 Mortgage Originations Down Slightly
During the third quarter, 1.77 million mortgages were originated for residential properties with one to four units, a 1.6% decrease from the prior quarter but a 1.9% increase from the same period one year earlier. According to data from ATTOM, the $600.4 billion in...
The City with the Highest Mortgage Delinquency Rate Is…
If you were walking the streets of Laredo during the first half of the year, there would have been a good chance that you encountered someone burdened with mortgage delinquency. According to the newly published Cities with the Highest Mortgage Delinquency Rates report...
Fewer Homebuyers Have Post-Purchase Regret
The legendary French chanteuse Edith Piaf’s signature song “No, I Have No Regrets” appears to be the recurring theme in today’s US housing market, as a new report from Realtor.com found post-purchase buyer regret fell from 15% in 2023 to just 8% this year. The...
NEWS & CURRENT EVENTS
Weichert Expand Global Presence to Aruba
The partnership comes just months after the Weichert brand’s international debut in Portugal. Continue Reading Weichert Expand Global Presence to Aruba
New Jersey Lawmaker Seeks Statewide Property Title Fraud Alerts
“Our biggest investment, for most of us in life, is our home,” said State Sen. Robert Singer. Continue Reading New Jersey Lawmaker Seeks Statewide Property Title Fraud Alerts
Missouri Governor Proposes Adding Retractable Roof to Chiefs’ Stadium
The team’s lease at its current home expires in 2031. Continue Reading Missouri Governor Proposes Adding Retractable Roof to Chiefs’ Stadium
RentRedi Debuts Late Rent Report, Alerting Landlords to Tardy Tenants
Late Rent Report was inspired by landlords who asked for better visibility into rent payments. Continue Reading RentRedi Debuts Late Rent Report, Alerting Landlords to Tardy Tenants
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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.
New Home Sales Surge by 20.5%
The median sales price of new houses sold last month was $413,500. Continue Reading New Home Sales Surge by 20.5%
Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case
The case is still active within the US Attorney’s Office for the Eastern District of Virginia. Continue Reading Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case
Mortgage Application Activity Records Slight Uptick
Among the federal programs, the FHA share of total applications decreased to 15.7% from 16.3% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
Ex-Pennsylvania Township Tax Collector Pleads Guilty to Embezzling Property Taxes
Karen McGinnis pleaded guilty to one count of embezzlement of public funds. Continue Reading Ex-Pennsylvania Township Tax Collector Pleads Guilty to Embezzling Property Taxes
Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
Eric Drinkwater was licensed with RE/MAX Central since 2005. Continue Reading Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
Virginia Home Sales Hold Steady Amid Surge in New Listings
The statewide median sales price reached $430,000, a 3.6% increase from August 2024. Continue Reading Virginia Home Sales Hold Steady Amid Surge in New Listings
Forecast Warns of 10% Spike in Electric Heating Costs This Winter
NEADA is also predicting higher natural gas costs, with the average household gas bill increasing from $639 to $693. Continue Reading Forecast Warns of 10% Spike in Electric Heating Costs This Winter
Florida Records Surge in Pending Home Sales
The statewide median sales price for single-family existing homes in August was $410,000, down 0.4% year-over-year. Continue Reading Florida Records Surge in Pending Home Sales
California Man Sentenced for Belize-Based Real Estate Scam
Andris Pukke was convicted of wire fraud and obstruction of justice on July 10. Continue Reading California Man Sentenced for Belize-Based Real Estate Scam
Commercial and Multifamily Mortgage Debt Outstanding Increased During Q2
The level of commercial/multifamily mortgage debt outstanding reached $4.88 trillion by the end of the second quarter, an increase of $47.1 billion (1%) from the first quarter, according to data from the Mortgage Bankers Association (MBA). Multifamily mortgage debt...
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