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12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
The participating religious organizations have a combined total of more than 88 acres of unused property. Continue Reading 12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
The participating religious organizations have a combined total of more than 88 acres of unused property. Continue Reading 12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
Lawyer for NY AG Letitia James Demands Justice Dept. Reject Mortgage Fraud Referral
A lawyer representing New York Attorney General Letitia James called on the Department of Justice to reject a criminal referral by Federal Housing Finance Agency Director Bill Pulte that accused James of mortgage fraud. The Associated Press reports attorney Abbe...
New York State’s Housing Inventory Inches Up, But Sales Remain Static
New York State’s housing inventory inched up by 1% year-over-year, from 23,828 homes available in March 2024 to 24,067 homes on the market last month, while new listings jumped 8.8% from 11,377 homes in March 2024 to 12,380 units last months. But according to the New...
Florida Home Sales Down Despite Wider Listings and Inventory
Florida recorded 23,128 closed sales of existing single-family homes during March, down 1.3% year-over-year, while existing condo-townhouse sales totaled 8,414, down 9.8% from one year earlier. According to data from Florida Realtors, the statewide median sales price...
NEWS & CURRENT EVENTS
Union Sues to Halt DOGE Access and Work Stoppage at CFPB
The union blamed Elon Musk, the head of DOGE, for trying to break the CFPB for his own personal gain. Continue Reading Union Sues to Halt DOGE Access and Work Stoppage at CFPB
Only 15% of Q4 California Homebuyers Could Afford a Median-Priced Home
A minimum annual income of $222,000 was needed to qualify for the purchase of a $874,290 statewide median-priced, existing single-family California home. Continue Reading Only 15% of Q4 California Homebuyers Could Afford a Median-Priced Home
New Initiative to Raise College Student Awareness of Commercial Real Estate Careers
The MBA will receive a $750,000 grant over three years from the PREA Foundation to expand industry outreach and engagement. Continue Reading New Initiative to Raise College Student Awareness of Commercial Real Estate Careers
CFPB’s Vought Stops Fed Funding for Agency, Closes Agency HQ for the Week
“Accountability at the CFPB is long overdue,” said Vought. Continue Reading CFPB’s Vought Stops Fed Funding for Agency, Closes Agency HQ for the Week
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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.
Serious Delinquency Rate Crashes to 17-Year Low
However, early-stage delinquencies (30-days late) increased by 19,000 (+2.2%) from May to 1.65 million. Continue Reading Serious Delinquency Rate Crashes to 17-Year Low
Year-Over-Year Applications for New Home Purchases Up for Fifth Straight Month
“New home purchase activity continues to be a bright spot,” said MBA’s Joel Kan. Continue Reading Year-Over-Year Applications for New Home Purchases Up for Fifth Straight Month
Juan Bueno Named President of Operations at Cortland
Bueno comes to Cortland from Avison Young, where he was the firm’s U.S. president. Continue Reading Juan Bueno Named President of Operations at Cortland
Guest Opinion: The Heavy Regulatory Burden Placed on Home Builders
“As home builders, we believe our customers have a right to choose the appliances and energy sources used in their homes,” said NAHB’s Huey. Continue Reading Guest Opinion: The Heavy Regulatory Burden Placed on Home Builders
New Record Set for Pennsylvania’s Median Sales Price
Pennsylvania’s home sales totaled 12,383 transactions, up 12% from May but down 19.5% from June 2022. Continue Reading New Record Set for Pennsylvania’s Median Sales Price
Freddie Mac Reports Decline in Mortgage Rates
“As inflation slows, mortgage rates decreased this week,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Freddie Mac Reports Decline in Mortgage Rates
NAR: Existing Home Sales Down in June
The median existing-home price for all housing types in June was $410,200, the second-highest price of all time. Continue Reading NAR: Existing Home Sales Down in June
Q2 Profit Margins on Home Sales Reach Nearly 48%
ATTOM CEO Rob Barber said seller profits were “back up to nearly their highest level in the past decade.” Continue Reading Q2 Profit Margins on Home Sales Reach Nearly 48%
New York State’s Housing Market Remains Weak
Closed sales totaled 10,186 last month, down 22.2% from the 13,095 sales in June 2022. Continue Reading New York State’s Housing Market Remains Weak
Extra Space Storage Completes Merger with Life Storage
The $12.7 billion, all-stock transaction creates the nation’s largest storage operator. Continue Reading Extra Space Storage Completes Merger with Life Storage
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