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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
Federal Reserve Leaves Rates Unchanged
The Federal Reserve ignored President Trump’s exhortations to cut rates and opted to maintain the target range for the federal funds rate at 4.25% to 4.5%. “Although swings in net exports have affected the data, recent indicators suggest that economic activity has...
Active Listings in Washington, DC Metro Area Up 25.1% from Last Year
Active listings of homes in Washington, DC metro area shot up by 25.1% year-over-year during the four weeks ending April 27, according to data from Redfin (NASDAQ: RDFN). This marked the highest level of home for sale in that market since 2022. By comparison, active...
Roughly One-Third of Non-Homeowners Don’t Expect to Buy a Home in the Next Five Years
Roughly one-third (30%) of Americans who do not own a home doubt that they will buy one within the next five years, according to a new Gallup poll, 23% do not believe they will achieve homeownership in the next 10 years and 45% said it would not happen for the...
NEWS & CURRENT EVENTS
Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community
District South will be located on a 21-acre site and will feature 365 multifamily units, 90 for-rent townhomes, six carriage homes, and 13 retail spaces. Continue Reading Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community
Mortgage Application Activity Slows Down
The Refinance Index decreased 4% from the previous week and was 45% higher than the same week one year ago. Continue Reading Mortgage Application Activity Slows Down
Georgia Home Sales Up 2% from Last Year
The median sales price increased by 3% to $349,900 while the average sales price rose by 6% to $426,710. Continue Reading Georgia Home Sales Up 2% from Last Year
Report: 13% of GSA’s Real Estate Shop Workforce Takes Deferred Resignation Offer
The departures do not include employees in their probationary period that were recently fired by the GSA. Continue Reading Report: 13% of GSA’s Real Estate Shop Workforce Takes Deferred Resignation Offer
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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.
James Millon Joins CBRE as President of U.S. Debt and Structured Finance
Millon, who is based in New York City, has originated more than $75 billion in commercial real estate loans. Continue Reading James Millon Joins CBRE as President of U.S. Debt and Structured Finance
Peachtree Group Updates Corporate Brand
The new logo symbolizes the company’s roots and growth since its inception in 2007. Continue Reading Peachtree Group Updates Corporate Brand
Builder Confidence in Single-Family Home Market Drops for Second Straight Month
“High mortgage rates are clearly taking a toll on builder confidence and consumer demand,” said NAHB Chief Economist Robert Dietz. Continue Reading Builder Confidence in Single-Family Home Market Drops for Second Straight Month
A Phil Hall Op-Ed: Existing Home Sales in 2024? Fuggedaboutit!
WRE News editor Phil Hall considers a new survey on home renovations and its potential impact on existing home sales. Continue Reading A Phil Hall Op-Ed: Existing Home Sales in 2024? Fuggedaboutit!
Canadian Home Sales Down in August
The actual (not seasonally adjusted) national average home price was $650,140 in August 2023, up 2.1% from one year earlier. Continue Reading Canadian Home Sales Down in August
FHFA Seeks Applicants for Affordable Housing Advisory Committee
The Committee is strictly an advisory body and does not have a policymaking role. Continue Reading FHFA Seeks Applicants for Affordable Housing Advisory Committee
The House from the Horror Classic ‘Halloween’ Listed at $1.8 Million
The property’s owners have been known to leave a basket on the porch and prop pumpkin for visitors to pose with. Continue Reading The House from the Horror Classic ‘Halloween’ Listed at $1.8 Million
New Book Helps First-Time Homeowners Adapt to Their Surroundings
“Young couples do not typically have the maintenance knowledge their parents and grandparents did,” said author Marlene Byrne. Continue Reading New Book Helps First-Time Homeowners Adapt to Their Surroundings
Texas AG Paxton Acquitted in Impeachment Trial
Paxton was charged with going to help a real estate developer under FBI investigation. Continue Reading Texas AG Paxton Acquitted in Impeachment Trial
Hits and Misses of the Real Estate Week Sept. 11-15
The effort to save Marilyn Monroe’s final home from demolition, credit unions losing ground in mortgage origination and HGTV’s unlikely new series. Continue Reading Hits and Misses of the Real Estate Week Sept. 11-15
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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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