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Hits and Misses for the Real Estate Week of Oct. 13-17
Positive data on rental housing costs, a new threat to close the CFPB, and California’s housing market shows signs of vitality. Continue Reading Hits and Misses for the Real Estate Week of Oct. 13-17
Hits and Misses for the Real Estate Week of Oct. 13-17
Positive data on rental housing costs, a new threat to close the CFPB, and California’s housing market shows signs of vitality. Continue Reading Hits and Misses for the Real Estate Week of Oct. 13-17
Democrats Reintroduce Housing for All Act to Address Homelessness
Three Democratic California lawmakers – Sen. Alex Padilla and Reps. Ted Lieu and Salud Carbajal – have reintroduced the Housing for All Act to finance federal and local programs designed to address the homelessness crisis that worsened during the Biden administration....
Mary Lee Blaylock Named Brokerage President at Sotheby’s International Realty
Sotheby's International Realty has recruited Mary Lee Blaylock to become president of brokerage. In her new job, Blaylock will be responsible for leading company-owned brokerage operations, overseeing 48 brokerage offices that support more than 2,300 affiliated...
FHFA Director Pulte Offers Mixed Messaging on the Regulator’s Operations
Federal Housing Finance Agency (FHFA) Director Bill Pulte posted a series of comments on X today that offered somewhat unusual messaging on how the regulatory agency is operating. Pulte first declared, “After 4 years of the housing industry being asleep, Fannie Mae...
NEWS & CURRENT EVENTS
Tennessee Bill Seeks to Limit Contact by Developers Making Unsolicited Calls to Buy Homes
“People who have lived in their homes for decades are now being harassed by out-of-state developers to purchase their property for a quick buck,” said Sen. Charlane Oliver. Continue Reading Tennessee Bill Seeks to Limit Contact by Developers Making Unsolicited Calls to Buy Homes
New York State Bill Seeks to Codify Disparate Impact Standards
The bill is being publicly backed by Rev. Al Sharpton, who highlighted the legislation at last week’s rally for his National Action Network in Harlem. Continue Reading New York State Bill Seeks to Codify Disparate Impact Standards
California Mortgage Firm President Arrested for DUI Collision That Killed 88-Year-Old Man
Melvin Joseph Weibel, the 88-year-old passenger in the Ford Transit van, was pronounced dead at the scene. Continue Reading California Mortgage Firm President Arrested for DUI Collision That Killed 88-Year-Old Man
New Initiative Targets $1 Billion for Nordic Real Estate Financing
The partnership will deploy $1 billion on whole loan lending in Denmark, Finland, Norway, and Sweden. Continue Reading New Initiative Targets $1 Billion for Nordic Real Estate Financing
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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.
Nearly One-Third of San Francisco’s Office Properties are Vacant
CBRE Director Colin Yasukochi acknowledged the city’s deteriorating quality of life is contributing to the dilemma. Continue Reading Nearly One-Third of San Francisco’s Office Properties are Vacant
Mortgage Rates Are Up Again
“Homebuyers have adjusted and driven new home sales to its highest level in more than a year,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Are Up Again
Affordable Homeownership Opportunities Continue to Dwindle
MBA’s Edward Seiler noted how “prospective buyers continue to grapple with high interest rates and low housing inventory.” Continue Reading Affordable Homeownership Opportunities Continue to Dwindle
US Median Home Price in First Year-Over-Year Decline Since 2017
In June, the U.S. median list price was $445,000. Continue Reading US Median Home Price in First Year-Over-Year Decline Since 2017
FHA Increases Threshold on Multifamily Large Loans
This marked the first increase in the multifamily loan threshold since 2014. Continue Reading FHA Increases Threshold on Multifamily Large Loans
DwellWell Launches Homebuyer Rebate Program
DwellWell requires agents that use their platform to share 30% of their commission. Continue Reading DwellWell Launches Homebuyer Rebate Program
eXp Realty Debuts Program to Encourage Independent Teams to Join Its Network
“We’re laser-focused on attracting and retaining the best agents in the business,” said Glenn Sanford, founder and CEO of eXp Realty. Continue Reading eXp Realty Debuts Program to Encourage Independent Teams to Join Its Network
Pending Home Sales Sink in May
“The housing market is resilient with approximately three offers for each listing,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Sink in May
Wayne C. Thompson, Real Estate Executive Turned Pastor, Dies at 84
His company was one of the most successful Black-owned real estate companies of the late 1960s and early 1970s. Continue Reading Wayne C. Thompson, Real Estate Executive Turned Pastor, Dies at 84
One-Quarter of Homebuyers Looking to Move to Another Metro Area
Phoenix, Las Vegas and several Florida metros are the most popular destinations. Continue Reading One-Quarter of Homebuyers Looking to Move to Another Metro Area
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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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