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Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
“We expect that home sales will increase in 2026,” said Mike Fratantoni, MBA’s chief economist. Continue Reading Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
“We expect that home sales will increase in 2026,” said Mike Fratantoni, MBA’s chief economist. Continue Reading Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
Dynamic City Capital Expands into Luxury Spa Resort Market
Dynamic City Capital (DCC), a Utah-based real estate investment firm specializing in premium-branded hotels, has acquired The Wilde Resort and Spa in Sedona, Arizona. The acquisition marks DCC's expansion into the luxury spa resort market. The property features 137...
242-Unit Multifamily Property in Suburban Minneapolis Sells for $59.5 Million
The commercial real estate brokerage firm Marcus & Millichap (NYSE:MMI) announced the sale of The Liberty, a 242-unit multifamily property in the Minneapolis suburb of Golden Valley, Minnesota, for $59.5 million. Completed in 2017, The Liberty has 55 townhomes and...
CAPREIT Acquires 2 Apartment Communities in Maryland
CAPREIT has acquired two apartment communities in Waldorf, Maryland, featuring a combined 360 homes. The workforce-housing communities, the 152-unit Palmer Apartments and 208-unit Smallwood Gardens, are adjacent to one another. The financial aspects of the purchase...
NEWS & CURRENT EVENTS
Mortgage Rates Go Into Decline
The 30-year fixed-rate mortgage averaged 6.89% as of Feb. 6. Continue Reading Mortgage Rates Go Into Decline
Equus Capital Partners’ Chairman Named Honorary Consul of San Marino
DiLella will serve as one of four consular representatives who promote relations between San Marino and the USA. Continue Reading Equus Capital Partners’ Chairman Named Honorary Consul of San Marino
Nearly 90% of Metro Areas Recorded Q4 Home Price Gains
The South registered the largest share of single-family existing-home sales (45.1%) in the fourth quarter. Continue Reading Nearly 90% of Metro Areas Recorded Q4 Home Price Gains
Toronto Home Sales Down in January While New Listings Expand
Last month’s average selling price of $1.04 million was up by 1.5% compared to the $1.02 million in January 2024. Continue Reading Toronto Home Sales Down in January While New Listings Expand
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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.
RiskSpan to Expand India Office Workforce by 50%
The office will focus on supporting product development, client operations, analytics and consulting services. Continue Reading RiskSpan to Expand India Office Workforce by 50%
Samantha Vaughn Named Chief Privacy Officer at Verisk
Vaughn was previously managing director and global head of privacy legal at Dell Technologies. Continue Reading Samantha Vaughn Named Chief Privacy Officer at Verisk
CrossCountry Mortgage Creates New SVP Position Focused on Affordable Homeownership
Separately, CCM’s promoted Glen Lemeshev to chief revenue officer. Continue Reading CrossCountry Mortgage Creates New SVP Position Focused on Affordable Homeownership
Rep. Jim Jordan Seeks to Move FBI Headquarters to Huntsville, Alabama
The FBI already has a presence on the campus of Redstone Arsenal, a U.S. Army post in the city. Continue Reading Rep. Jim Jordan Seeks to Move FBI Headquarters to Huntsville, Alabama
Ontario Nonprofit Plans to Fund Affordable Housing Expansion with Community Bonds
“Haliburton County faces a severe housing crisis due to a chronic shortage of affordable rentals,” said P4P’s Fay Martin. Continue Reading Ontario Nonprofit Plans to Fund Affordable Housing Expansion with Community Bonds
The Best and Worst Cities for Rental Housing Are…
Cheyenne, Wyoming, has the lowest median annual gross rent divided by median annual household income at 15.39%. Continue Reading The Best and Worst Cities for Rental Housing Are…
Realtors: Lack of Housing Inventory is Main Reason Buyers Are Not Buying
The median gross income for realtors increased to $56,400 in 2022, up from $54,300 in 2021. Continue Reading Realtors: Lack of Housing Inventory is Main Reason Buyers Are Not Buying
CoreLogic: Annual Home Price Growth at Lowest Rate in 11 Years
Miami posted the highest year-over-year home price increase of the country’s 20 tracked metro areas in May at 11.8%. Continue Reading CoreLogic: Annual Home Price Growth at Lowest Rate in 11 Years
Walker & Dunlop President Howard W. Smith III to Retire
Smith’s primary duties and responsibilities will be assumed by Donald P. King III and Kris Mikkelsen. Continue Reading Walker & Dunlop President Howard W. Smith III to Retire
KB Home in New Partnership with National Forest Foundation
“America’s National Forests are the foundation of our country’s heritage of outdoor recreation and adventure,” said Jeffrey Mezger, chairman, president and CEO of KB Home. Continue Reading KB Home in New Partnership with National Forest Foundation
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