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Leadership Changes Announced at Fannie Mae
Brandon Hamara and John Roscoe were named co-presidents of Fannie Mae. Continue Reading Leadership Changes Announced at Fannie Mae
Leadership Changes Announced at Fannie Mae
Brandon Hamara and John Roscoe were named co-presidents of Fannie Mae. Continue Reading Leadership Changes Announced at Fannie Mae
Warren Buffett to Retire as Berkshire Hathaway’s Chief Executive at Year’s End
Warren Buffett announced that he will retire as chief executive of Berkshire Hathaway (NYSE: BRK) at the end of the year. The Wall Street Journal reports the 94-year-old made the surprise announcement at the close of the company’s annual meeting in Omaha, Nebraska....
Hits and Misses for the Real Estate Week of April 28-May 2
The too-high cost for homebuying, the effects of plumbing mishaps on household budgets, and an XL-sized lease in New York City’s office market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 28-May 2. Miss: A Dent to...
Social Media Influencer Charged with Defrauding Real Estate Investors Out of $11 Million
A social media influencer who provides financial advice to over a million followers faces federal charges that claim he defrauded investors out of more than $11 million. Tyler Bossetti was charged in US District Court in Columbus, Ohio, with wire fraud and aiding in...
NEWS & CURRENT EVENTS
Mortgage Rates Inch Lower
The 30-year fixed-rate mortgage averaged 6.85% as of Feb. 20. Continue Reading Mortgage Rates Inch Lower
Foreclosed and Vacant Properties Were a Tiny Percent of Q1 Housing Market
Currently, only one in every 14,668 homes across has been vacated due to foreclosure. Continue Reading Foreclosed and Vacant Properties Were a Tiny Percent of Q1 Housing Market
Zillow: 62% of Black Buyers Purchased Their First Home in 2024
Zillow found that St. Louis was the most affordable housing market for typical Black households last year. Continue Reading Zillow: 62% of Black Buyers Purchased Their First Home in 2024
RE/MAX: New Listings and Inventory Up in January
The markets with the biggest year-over-year increase in new listings percentage were Seattle (+32.9%), Anchorage (+29.0%), and Des Moines (+28.4%). Continue Reading RE/MAX: New Listings and Inventory Up in January
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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.
Zillow Home Loans Debuts 1% Down Payment Program
The program is initially being offered on properties located in Arizona, with plans to expand to additional markets. Continue Reading Zillow Home Loans Debuts 1% Down Payment Program
Merredith Treaster Named SVP Northern California at EQ Office
The company’s Northern California portfolio totaling 1.4 million across the Bay Area. Continue Reading Merredith Treaster Named SVP Northern California at EQ Office
KBRA-Rated CMBS Hits 4.16% Delinquency Rate
The office sector continued to have the highest exposure, accounting for 41.4% ($762.3 million) of the newly specially serviced and newly delinquent loans. Continue Reading KBRA-Rated CMBS Hits 4.16% Delinquency Rate
Stéphane Amine Takes Leadership Role at Inovalis REIT
He replaces David Giraud, who is stepping down for undisclosed personal reasons. Continue Reading Stéphane Amine Takes Leadership Role at Inovalis REIT
Tech Trends: Three Tips To Get The Most Out Of Instagram
You have to be on the platform and socialize. Just posting marketing content won’t work. Continue Reading Tech Trends: Three Tips To Get The Most Out Of Instagram
Price on Connecticut Castle Slashed to $26 Million
The property was first listed in 2014 for $45 million. Continue Reading Price on Connecticut Castle Slashed to $26 Million
Mortgage Rates at 22-Year High as New Home Sales Reach 17-Month Peak
There were 714,000 new single-family home sales last month, up 31.5% from July 2022. Continue Reading Mortgage Rates at 22-Year High as New Home Sales Reach 17-Month Peak
Report: 1 Million New Rental Housing Units to be Ready by 2025
89% of the apartments completed in the last three years were high-end offerings rather than affordable housing. Continue Reading Report: 1 Million New Rental Housing Units to be Ready by 2025
Zombie Property Levels in Slight Rise
315,425 residential properties are in the process of foreclosure in the third quarter of this year. Continue Reading Zombie Property Levels in Slight Rise
Better Shares Sink in Trading Debut
“We think that this is a really great time for us to be out there,” said CEO Vishal Garg. Continue Reading Better Shares Sink in Trading Debut
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.
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