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Mortgage Rates Take Another Tumble
The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16. Continue Reading Mortgage Rates Take Another Tumble
Mortgage Rates Take Another Tumble
The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16. Continue Reading Mortgage Rates Take Another Tumble
Massachusetts Lawmaker Arrested for Stealing Funds from Builders Group
A state representative in Massachusetts was arrested for stealing $36,000 from a Cape Cod-based builders trade group. Rep. Christopher Flanagan, a Democrat elected in 2022 from the First Barnstable District, was indicted on five counts of wire fraud and one count of...
Homes.com CEO Slams Zillow on New Listings Policy
Homes.com CEO Andy Florance has blasted the announcement by Zillow (NASDAQ: Z, ZG) that it would not list homes that are not listed on the MLS within 24 hours of public marketing. In a letter to real estate agents, Florance called Zillow’s action “an incredible move...
Travis Kelce Refutes Rumor of Buying Mansion for Homeless Youth Center
Travis Kelce has tackled an online rumor that claimed he was turning a recently acquired Kansas mansion into a center for homeless youth. E Online reported the Kansas City Chiefs tight end and boyfriend of a certain high-profile pop star addressed claims that he...
NEWS & CURRENT EVENTS
Keller Williams’ Mark Willis Trades CEO Role for Chief Leadership Officer
Willis resumed the leadership positions in November 2023. Continue Reading Keller Williams’ Mark Willis Trades CEO Role for Chief Leadership Officer
Report: Renters Need to Earn $63,680 to Afford a Typical Apartment
Among the nation’s 44 major metros, the Texas capital of Austin was identified by Redfin as the most affordable. Continue Reading Report: Renters Need to Earn $63,680 to Afford a Typical Apartment
CFPB Announces Receipt of 10 Millionth Consumer Complaint
The CFPB was launched in 2011. Continue Reading CFPB Announces Receipt of 10 Millionth Consumer Complaint
Rocket Companies Debuts Rocket.com as One-Stop Platform for Homebuyers
Rocket.com will combine home search, financing and servicing needs into a single platform. Continue Reading Rocket Companies Debuts Rocket.com as One-Stop Platform for Homebuyers
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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.
Commercial/Multifamily Borrowing Declines 56% During Q1
Year-over-year decreases in originations impacted all major property types. Continue Reading Commercial/Multifamily Borrowing Declines 56% During Q1
Maricopa County Ranks Highest in List of Top Second Home Markets
Arizona’s Maricopa County took the number one ranking in the newly published list of top U.S. markets for luxury second homes published by the real estate marketplace Pacaso. “The county's vibrant desert cities of Phoenix and Scottsdale offer world-class golf,...
NAR Chief Economist: Fed’s Last Rate Hike was Unnecessary
“Home price increases are naturally good for homeowners,” stated Yun. Continue Reading NAR Chief Economist: Fed’s Last Rate Hike was Unnecessary
California County Beset by Fraudulent Real Estate Sales
The fraudsters identify vacant or lien-free properties and attempt to negotiate their sale. Continue Reading California County Beset by Fraudulent Real Estate Sales
Report: Ultra-Rich Buyers Purchasing Manhattan Office Buildings
Cash-strapped building owners are trying to sell them off at a discount. Continue Reading Report: Ultra-Rich Buyers Purchasing Manhattan Office Buildings
Person of the Week: Kelly Mangold, Principal at RCLCO Real Estate Consulting
“We’re seeing relatively strong conditions in the rental market, both in multifamily rentals as well as the build for rent single-family homes,” said Mangold. Continue Reading Person of the Week: Kelly Mangold, Principal at RCLCO Real Estate Consulting
Mortgage Credit Availability at 10-Year Low
“Government credit supply decreased for the third consecutive month,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability at 10-Year Low
Gallup Poll: Jerome Powell’s Popularity is Lowest Ever for a Fed Chairman
But Powell is slightly more popular than President Biden and the Democratic leaders in Congress. Continue Reading Gallup Poll: Jerome Powell’s Popularity is Lowest Ever for a Fed Chairman
Q1 Existing Single-Family Home Sales Prices Up in 7 Out of 10 Metro Markets
The $371,200 national median single-family existing-home price was down by a scant 0.2% from one year earlier. Continue Reading Q1 Existing Single-Family Home Sales Prices Up in 7 Out of 10 Metro Markets
Hackathon Aims to Remove Algorithmic Bias from Housing and Lending
The inaugural Tech Equity Hackathon will be held June 16–18 at American University in Washington, D.C. Continue Reading Hackathon Aims to Remove Algorithmic Bias from Housing and Lending
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