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Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
Pennsylvania Home Sales Up by 6.4%
Pennsylvania recorded 11,174 home sales during October, up 6.4% from the 10,505 transactions recorded one year earlier. According to data from the Pennsylvania Association of Realtors, there were more than 43,600 listings in October, which reflects little change from...
Mortgage Rates Inch Up Slightly
Mortgage rates inched up slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20, up from last week when it averaged 6.24%. A year ago at this time, it averaged 6.84%....
Florida Businessman Sentenced for Construction Loan Fraud Schemes
A Florida businessman was sentenced to 46 months in prison for defrauding clients in four states through loan agreements to finance construction projects and then causing more than $8 million in victim losses by misappropriating funds. David Ingram, 73, previously...
NEWS & CURRENT EVENTS
Wolf Valley Homes Launches Program to Encourage Homeownership for Veterans
“Many of our nation’s heroes struggle to find housing options that fit both their needs and budgets,” said Waldon Fenster, a representative of Wolf Valley Homes. Continue Reading Wolf Valley Homes Launches Program to Encourage Homeownership for Veterans
Weichert Expand Global Presence to Aruba
The partnership comes just months after the Weichert brand’s international debut in Portugal. Continue Reading Weichert Expand Global Presence to Aruba
New Jersey Lawmaker Seeks Statewide Property Title Fraud Alerts
“Our biggest investment, for most of us in life, is our home,” said State Sen. Robert Singer. Continue Reading New Jersey Lawmaker Seeks Statewide Property Title Fraud Alerts
Missouri Governor Proposes Adding Retractable Roof to Chiefs’ Stadium
The team’s lease at its current home expires in 2031. Continue Reading Missouri Governor Proposes Adding Retractable Roof to Chiefs’ Stadium
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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.
Ex-NASA Manager and Husband Plead Guilty in Mortgage Fraud Case
Khan and Mayberry face up to five years in federal prison and a possible $250,000 maximum fine in addition to the possible forfeiture of their luxury home. Continue Reading Ex-NASA Manager and Husband Plead Guilty in Mortgage Fraud Case
Katie Keenan Named CEO at Blackstone Real Estate Income Trust
She succeeds Wesley M. LePatner, who served in both roles until she was murdered in a shooting at her Manhattan office building on July 28. Continue Reading Katie Keenan Named CEO at Blackstone Real Estate Income Trust
Report: Prosecutors Balking at Trump-Pulte Demands to Indict Letitia James for Mortgage Fraud
The five-month investigation into the case has yet to generate any clear evidence that James intentionally made false statements to secure favorable terms on a mortgage for her Virginia home. Continue Reading Report: Prosecutors Balking at Trump-Pulte Demands to Indict Letitia James for Mortgage Fraud
Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
The survey polled 1,276 responses from Hispanic professionals in the real estate industry in 39 states, including Puerto Rico. Continue Reading Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
Sierra Club Condemns DC Council’s Approval of Commanders Stadium as ‘Giveaways to Billionaires’
The group said the DC Council only offered “insignificant penalties if the Commanders delay or never build affordable housing.” Continue Reading Sierra Club Condemns DC Council’s Approval of Commanders Stadium as ‘Giveaways to Billionaires’
New Ohio Homeowner Initiative Seeks to Aid Lower-Income Seniors and Disabled Residents
The Ohio Senate will consider the bill when it convenes for its next session on Sept. 30. Continue Reading New Ohio Homeowner Initiative Seeks to Aid Lower-Income Seniors and Disabled Residents
New Venture Encourages Brands to Explore In-Mall Retail with Micro Spaces Platform
IEM said it partnered with six consumer brands to launch experiential retail environments. Continue Reading New Venture Encourages Brands to Explore In-Mall Retail with Micro Spaces Platform
Homes Built For American Hires Greg Balen as Chief Operating Officer
Balen has over three decades of experience as a builder, land developer, architect, contractor, engineer and asset manager. Continue Reading Homes Built For American Hires Greg Balen as Chief Operating Officer
Corcoran Group Announces New German Franchise
The new franchise is based in Frankfurt and led by founder and Managing Director Moritz Fischer. Continue Reading Corcoran Group Announces New German Franchise
Survey: One-Third of Realtors Have Yet to Use AI Tools
The top AI tools used by the realtors polled for the survey were ChatGPT by OpenAI (58%), Gemini by Google (20%), and Copilot by Microsoft (15%). Continue Reading Survey: One-Third of Realtors Have Yet to Use AI Tools
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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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