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REMAX: Home Sales Up by 8.5% Year-Over-Year
The median sales price in September was $439,000, a decrease of $6,000 (1.3%) from August, Continue Reading REMAX: Home Sales Up by 8.5% Year-Over-Year
REMAX: Home Sales Up by 8.5% Year-Over-Year
The median sales price in September was $439,000, a decrease of $6,000 (1.3%) from August, Continue Reading REMAX: Home Sales Up by 8.5% Year-Over-Year
FHFA to Establish Mortgage Fraud Tip Line
Federal Housing Finance Agency (FHFA) Director Bill Pulte has announced his agency is establishing a tip line for the reporting of mortgage fraud activity. In a series of posts on X, Pulte declared this will be part of an increased effort by the FHFA to combat...
First American Promoted CFO Mark E. Seaton to CEO
First American Financial Corporation (NYSE: FAF) has promoted Chief Financial Officer (CFO) Mark E. Seaton to CEO. Seaton replaces Kenneth DeGiorgio, who departed the company after news broke that he was arrested in Puerto Rico for choking a passenger who insulted his...
Redfin Follows Zillow’s Lead in Prohibiting Private Listings
Redfin (NASDAQ: RDFN) has followed the example set by Zillow (NASDAQ: Z, ZG) in prohibiting some private listings on its platform. Glenn Kelman, the company’s CEO, announced the policy shift in a blog posting where he declared, “Because we believe that all buyers...
NEWS & CURRENT EVENTS
Wisconsin Home Sales Up 9.2% Year-Over-Year
The median price rose 13% to $305,000, the strongest price appreciation of the year. Continue Reading Wisconsin Home Sales Up 9.2% Year-Over-Year
Wall Street Journal Calls on Trump to Remove Rohit Chopra as CFPB Director
“The list of Mr. Chopra’s regulatory assaults on business is long,” the Journal complained. Continue Reading Wall Street Journal Calls on Trump to Remove Rohit Chopra as CFPB Director
AT&T Completes Sale-Leaseback on Central Office Facilities
The transaction generates more than $850 million in upfront cash proceeds for AT&T. Continue Reading AT&T Completes Sale-Leaseback on Central Office Facilities
Forecast: Global REIT Market to Reach $350.2 Billion by 2028
The North American market is expected to account for roughly half of this sector’s growth. Continue Reading Forecast: Global REIT Market to Reach $350.2 Billion by 2028
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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.
Something Fishy is Going On: SeaWorld Owes San Diego $12M in Unpaid Rent
“SeaWorld’s greed and arrogance are offensive, and the city will hold it accountable,” said City Attorney Mara W. Elliott. Continue Reading Something Fishy is Going On: SeaWorld Owes San Diego $12M in Unpaid Rent
Fewer Mortgage Applications Amid Rising Rates
The Refinance Index took an 8% tumble from the previous week and was 43% lower than the same week one year ago. Continue Reading Fewer Mortgage Applications Amid Rising Rates
Single-Family Housing Starts Up in April
Single‐family housing completions in April were at a rate of 971,000, which is 6.5% below the revised March rate of 1.03 million. Continue Reading Single-Family Housing Starts Up in April
Equifax Debuts Employment Verification Tool for Mortgage Originators
“It’s critical for lenders to have access to timely verification data at each stage of the mortgage process,” said Equifax’s Ashley Wood, Continue Reading Equifax Debuts Employment Verification Tool for Mortgage Originators
Fintech QuentmRE partners with evNation on green energy installation financing
evNation’s co-founder Neil Okun called this a “much-needed alternative financing option.” Continue Reading Fintech QuentmRE partners with evNation on green energy installation financing
NYC Officials Seeking Vacant Office Properties to House Illegal Immigrant Influx
The city officials are reportedly looking for space in both totally empty buildings and in partially occupied properties. Continue Reading NYC Officials Seeking Vacant Office Properties to House Illegal Immigrant Influx
Person of the Week: Jonas Bordo, CEO of Dwellsy
Bordo co-authored the upcoming book “Everything You Need to Know About Renting But Didn’t Know to Ask: All the Insider Dirt to Help You Get the Best Deal and Avoid Disaster.” Continue Reading Person of the Week: Jonas Bordo, CEO of Dwellsy
Builders Express Renewed Confidence in Housing Market
“Lack of existing inventory continues to drive buyers to new construction,” said NAHB Chief Economist Robert Dietz. Continue Reading Builders Express Renewed Confidence in Housing Market
MBA: Number of Loans in Forbearance Continue to Decline
The trade group’s latest Loan Monitoring Survey estimated 255,000 homeowners are currently in forbearance plans. Continue Reading MBA: Number of Loans in Forbearance Continue to Decline
Canadian Home Sales Up in April
The number of newly listed homes inched up by 1.6% from March to April, although the supply remained at a 20-year low. Continue Reading Canadian Home Sales Up in April
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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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