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Q3 Home Sales Profits Near 50% Margin
The median national sales price in the third quarter was $370,000. Continue Reading Q3 Home Sales Profits Near 50% Margin
Q3 Home Sales Profits Near 50% Margin
The median national sales price in the third quarter was $370,000. Continue Reading Q3 Home Sales Profits Near 50% Margin
Hits and Misses for the Real Estate Week of April 7-11
Selling stocks to buy a house, the continued delay on confirming the new CFPB director, and layoffs at Fannie Mae. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 7-11. Hit: Taking Stock. One of the most intriguing real...
Kansas Real Estate Agent Indicted for Tax Evasion and Wire Fraud
The owner of a Kansas City-area real estate agency was indicted for with tax evasion and wire fraud. According to the charges brought against her, Michelle O’Connor of Louisburg, Kansas, filed federal income tax returns for 2008 through 2015 that said she owed...
Cincinnati Bengals Want $350 Million from Ohio to Renovate Stadium
The NFL’s Cincinnati Bengals and the commissioners of Ohio’s Hamilton County are asking the state government for $350 million for what they describe as an “overhaul of Paycor Stadium.” The Cincinnati Business Courier reports the requested money would cover 42% of an...
NEWS & CURRENT EVENTS
Forecast: Utah’s Population to Grow by Half-Million Over Next 9 Years
A major downside of the new arrivals is the absence of housing to accommodate an expanded population. Continue Reading Forecast: Utah’s Population to Grow by Half-Million Over Next 9 Years
Evernest Acquires Poplar Homes
Evernest also announced it secured $15 million in a strategic funding investment led by LL Funds. Continue Reading Evernest Acquires Poplar Homes
Nashville Man Sentenced to 4 Years for Covid-Era Rental Assistance Fraud
Joe Law Jefferson pled guilty to one count of conspiracy to commit mail fraud and one count of failure to file a tax return last August. Continue Reading Nashville Man Sentenced to 4 Years for Covid-Era Rental Assistance Fraud
Travis Saxton Joins RE/MAX Holdings as EVP of Strategy
Saxton was previously executive vice president of enterprise solutions at T3 Sixty. Continue Reading Travis Saxton Joins RE/MAX Holdings as EVP of Strategy
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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.
Clayton to Build Manufactured Homes That Meet DOE Energy Efficiency Standards
“We are driven to make energy efficient homes an attainable option for home buyers across the country,” said CEO Kevin Clayton. Continue Reading Clayton to Build Manufactured Homes That Meet DOE Energy Efficiency Standards
FHLBank Atlanta Adds $7.2M to Homeownership Program
The funds are available on a transaction by transaction, first-come, first-served basis. Continue Reading FHLBank Atlanta Adds $7.2M to Homeownership Program
Republic First Exits the Mortgage Origination Business
The company said it would also “streamline its commercial lending business in New York City.” Continue Reading Republic First Exits the Mortgage Origination Business
Market Snapshot: Florida Home Buyers Are Paying for Overvalued Properties
Closed sales of existing single-family homes in March were down 15% year-over-year. Continue Reading Market Snapshot: Florida Home Buyers Are Paying for Overvalued Properties
Nearly Half of Homes Sold Within Two Weeks of Being Listed
New listings in April were down 23% year-over-year, the second biggest decline since the start of the pandemic. Continue Reading Nearly Half of Homes Sold Within Two Weeks of Being Listed
Simon Property Group Puts New Focus on Residential and Hotel Development
Chairman, President and CEO David Simon declared this was “probably a five-year build process” that is expected to begin later this year. Continue Reading Simon Property Group Puts New Focus on Residential and Hotel Development
New York State Considers Raising Reverse Mortgage Borrower Age
The bill would also define the role of a non-borrowing spouse in the reverse mortgage. Continue Reading New York State Considers Raising Reverse Mortgage Borrower Age
Montreal Homes Sales in 26% Decline
“Activity was disappointing in April after a promising month of March,” said QPAREB’s Charles Brant. Continue Reading Montreal Homes Sales in 26% Decline
The Real Brokerage Expands Into Manitoba
The new business will be led by Susan Auch, a five-time Olympian and three-time Olympic speed skating medalist. Continue Reading The Real Brokerage Expands Into Manitoba
Better Debuts Digital HELOC Product Line
The company said closings occur in as little as three days from an application. Continue Reading Better Debuts Digital HELOC Product Line
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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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