FEATURED REAL ESTATE NEWS
Weekly Real Estate News provides the top stories for national real estate news. Get the scoop on latest trends, find useful advice and tips for real estate agents and clients, and subscribe for free to receive weekly email updates in your inbox.
Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
At the other end of the spectrum, about 2.8% of mortgaged residential properties were considered seriously underwater in the third quarter. Continue Reading Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
At the other end of the spectrum, about 2.8% of mortgaged residential properties were considered seriously underwater in the third quarter. Continue Reading Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
Redfin Investor Sues to Halt Acquisition by Rocket Companies
An investor in Redfin (NASDAQ: RDFN) has filed a lawsuit to stop its $1.75 billion sale to Rocket Companies (NYSE: RKT). The Real Deal reports investor Bruce Miller is suing the company and its board of directors, including CEO Glenn Kelman, alleging they failed to...
Washington State Rent Cap Bill Signed into Law
Washington Gov. Bob Ferguson signed a bill into law that imposes rent caps on the state's landlords. House Bill 1217 limits rent increases for existing tenants in Washington state to 7% plus inflation or 10%, whichever is lower, and it also limits rent increases for...
Tim Dieffenbacher Named CFO at Keller Williams
Keller Williams Realty LLC has announced the appointment of Tim Dieffenbacher as chief financial officer (CFO). Dieffenbacher coms to Keller Williams from FrontView REIT, where he was CFO. Prior to that, he held the titles of senior vice president, chief accounting...
NEWS & CURRENT EVENTS
Virginia Home Sales Up 1.8%
Virginia’s statewide median sales price was $399,000 in January, up more than $27,000 since the same time last year, a 7.3% increase. Continue Reading Virginia Home Sales Up 1.8%
Rep. Maxine Waters Demands Emergency Hearing Over HUD Layoffs
Waters wants HUD Secretary Scott Turner to explain the workforce reductions. Continue Reading Rep. Maxine Waters Demands Emergency Hearing Over HUD Layoffs
Blend Launches Rapid Home Lending, Focused on Refinance and Home Equity Lending
Blend Labs said that early results of the product’s testing reduced the traditional 30-45 day home equity process to 5-10 days. Continue Reading Blend Launches Rapid Home Lending, Focused on Refinance and Home Equity Lending
Sean Coghlan Named Head of Investor Relations at JLL
Coghlan previously led the company’s global research and strategy for capital markets. Continue Reading Sean Coghlan Named Head of Investor Relations at JLL
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Federal Reserve Keeps Rates Steady
The target range for the federal funds rate was held at 5.25% to 5.5%. Continue Reading Federal Reserve Keeps Rates Steady
‘Million Dollar Listing’ Star is Co-Founder of New Real Estate Media Company
Estate Media will initially offer newsletters, podcasts and online video. Continue Reading ‘Million Dollar Listing’ Star is Co-Founder of New Real Estate Media Company
Fernando Ospina Named President at Alterra Home Loans
Ospina has worked for the company since 2018 and served as senior vice president of national production for the last year. Continue Reading Fernando Ospina Named President at Alterra Home Loans
Mortgage Applications Up 5.4%
“Mortgage applications increased last week, despite the 30-year fixed mortgage rate edging back up to 7.31%,” said MBA’s Joel Kan. Continue Reading Mortgage Applications Up 5.4%
Long-Vacant Historic San Francisco Theater Being Proposed as Affordable Housing Site
The Alexandria opened in 1923 and closed in 2004. Continue Reading Long-Vacant Historic San Francisco Theater Being Proposed as Affordable Housing Site
RE/MAX: August Home Sales Up 7.4% From July
“Buyers should be pleased to see the slow but ongoing ramp-up in available listings, regardless of comparisons to a year ago,” says RE/MAX President and CEO Nick Bailey. Continue Reading RE/MAX: August Home Sales Up 7.4% From July
Daniel Wallace Named CEO at Haven Servicing
Wallace succeeds company co-founder Jonathan Chao, who will transition to the role of chief product officer. Continue Reading Daniel Wallace Named CEO at Haven Servicing
CFPB Issues Guidance on How Lenders Can Use AI Tools
CFPB Director Rohit Chopra said misuse of AI was “growing the list of potential reasons for why credit is denied.” Continue Reading CFPB Issues Guidance on How Lenders Can Use AI Tools
Forbearance Levels Continue to Decline
The forbearance share for portfolio loans and private-label securities decreased 6 basis points to 0.39%. Continue Reading Forbearance Levels Continue to Decline
Tri Pointe Homes Expands Into Utah Market
Tri Pointe Homes cited Utah’s population and job growth as being a key factor in coming to the state. Continue Reading Tri Pointe Homes Expands Into Utah Market
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.
Subscribe to receive updates to your email inbox and follow WRE News on social media today!
