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Report: 15% of Home Purchase Agreements Canceled in September
San Francisco, New York’s Nassau County (Long Island) and San Jose had the lowest shares of contract cancellations in September, under 7% each. Continue Reading Report: 15% of Home Purchase Agreements Canceled in September
Report: 15% of Home Purchase Agreements Canceled in September
San Francisco, New York’s Nassau County (Long Island) and San Jose had the lowest shares of contract cancellations in September, under 7% each. Continue Reading Report: 15% of Home Purchase Agreements Canceled in September
Trump Organization to Create Hotel and Tower in Dubai
The Trump Organization has partnered with the luxury real estate developer Dar Global to announce plans to create the Trump International Hotel & Tower in Dubai. The project will be the first Trump International Hotel & Tower in the Middle East and the fifth...
The Best Months for Selling a Home Are…
When it comes to being in the right place at the right time, home sellers may wish to consider a new data analysis by ATTOM that found the months of May, February and April offer the highest seller premiums. In a number-crunch of more than 47 million single-family...
Mortgage Application Activity Remains Weak
Mortgage application activity weakened during the week ending April 25, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 4.2% on a seasonally adjusted basis from...
NEWS & CURRENT EVENTS
The Best State Capital to Live In Is…
Maine’s capital of Augusta ranked last among the 50 state capitals. Continue Reading The Best State Capital to Live In Is…
Canadian Housing Starts Up 3%
Montreal posted a 112% year-over-year increase in actual housing starts in January. Continue Reading Canadian Housing Starts Up 3%
English Housing Development Disrupted by Endangered Spider Colony
The parcel was designed to accommodate 1,300 homes. Continue Reading English Housing Development Disrupted by Endangered Spider Colony
CoStar Group Acquires Agricultural Land Data Firm
The financial aspects of the transaction were not disclosed. Continue Reading CoStar Group Acquires Agricultural Land Data Firm
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Wells Fargo Launches Down Payment Grant Program
The grants are being allocated under the company’s Special Purpose Credit Program. Continue Reading Wells Fargo Launches Down Payment Grant Program
Declines Recorded in Foreclosure Activity and Mortgage Delinquencies
“Despite low delinquency rates, there are early signs of possible consumer credit stress,” said MBA’s Marina Walsh. Continue Reading Declines Recorded in Foreclosure Activity and Mortgage Delinquencies
Hawaiian Wildfires Kill 36, Destroy More Than 270 Structures
The fire consumed much of Maui’s historic Front Street, a popular site featuring retail stores, bars and restaurants. Continue Reading Hawaiian Wildfires Kill 36, Destroy More Than 270 Structures
Mortgage Rates Rise For Third Straight Week
The 30-year fixed-rate mortgage averaged 6.96% as of Aug. 10, up from last week when it averaged 6.90%. Continue Reading Mortgage Rates Rise For Third Straight Week
Jenna Rozenblat Named Chief Operating Officer at The Real Brokerage
Rozenblat joined Real last January as executive vice president of operations. Continue Reading Jenna Rozenblat Named Chief Operating Officer at The Real Brokerage
Manhattan Average Rents Set New Record at $5,588 Per Month
“We could see another month of records,” said Jonathan Miller, CEO of Miller Samuel. Continue Reading Manhattan Average Rents Set New Record at $5,588 Per Month
The Housing Seesaw: Home Sales Sink While Prices Remain Elevated
NAR recorded the national median single-family existing-home price at $402,600, down 2.4% from one year ago. Continue Reading The Housing Seesaw: Home Sales Sink While Prices Remain Elevated
AG Mortgage Investment Trust Acquires Western Asset Mortgage Corp.
With this merger, Western Asset terminates its previously announced acquisition agreement with Terra Property Trust Inc. Continue Reading AG Mortgage Investment Trust Acquires Western Asset Mortgage Corp.
Demand for Retail Space Up by 21 Million SF in First Half of Year
Phoenix saw the largest gain in demand over the past four quarters at 4.6 million square feet. Continue Reading Demand for Retail Space Up by 21 Million SF in First Half of Year
University in Maine Lists 225-Acre Campus for Sale
The property features nine residence halls, a heritage livestock barn, a student-activities building, classrooms, laboratories, an arts center, a public library and cross-country trails. Continue Reading University in Maine Lists 225-Acre Campus for Sale
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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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