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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
Penthouse in World’s Tallest Building Listed for $51 Million
A penthouse atop the world’s tallest building has been listed for $51 million. Elle Décor reports the 107th and 108th floors of the Burj Khalifa are approximately 1,300 feet above the streets of Dubai. The 21,000-square-foot unit has floor-to-ceiling glass walls...
Zillow Bans Private Listings from Platform
Zillow (NASDAQ: Z, ZG) has announced it is enacting the National Association of Realtors’ (NAR) Clear Cooperation Policy with “new standards for listing transparency” that bans private listings from its platform. According to the Seattle-headquartered company, the new...
Pending Home Sales in Mid-Atlantic Region Up by Nearly 40%
A total of 22,021 homes went under contract in March across the Mid-Atlantic market serviced by Bright MLS, which reflects a 39.5% month-over-month upswing. On a year-over-year basis, pending sales were up 2.8%. There were 24,654 new listings coming onto the market...
NEWS & CURRENT EVENTS
New Mexico MLS to Require Floor Plans in All Property Listings
this is a standard feature in other countries including the UK, Australia and Sweden. Continue Reading New Mexico MLS to Require Floor Plans in All Property Listings
Living Realty Joins Keller Williams
Since Jan. 1, 2023, Living Realty has sold more than $1.1 billion in real estate. Continue Reading Living Realty Joins Keller Williams
IMF Warns of Housing Affordability Crisis in The Bahamas
The study went one step further by questioning what the local population is being paid. Continue Reading IMF Warns of Housing Affordability Crisis in The Bahamas
Inmate Charged with Running $10 Million Real Estate Fraud Scheme from Prison
Seth Adam Depiano was sentenced in 2018 to more than 12 years in prison for running a $24 million fraud scheme. Continue Reading Inmate Charged with Running $10 Million Real Estate Fraud Scheme from Prison
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
National Retail Properties Changing Name to NNN REIT
The company owns 3,411 properties in 48 states. Continue Reading National Retail Properties Changing Name to NNN REIT
MBA Chief Broeksmit: ‘Awful Lot of Misinformation’ on Mortgage Fee Changes
Broeksmit said the changes “were meant to address some anomalies in the previous pricing structure.” Continue Reading MBA Chief Broeksmit: ‘Awful Lot of Misinformation’ on Mortgage Fee Changes
A NYC Market-Rate Rental on a Median Income? Fuhgeddaboudit!
Asking rents in March averaged $3,344, a new record. Continue Reading A NYC Market-Rate Rental on a Median Income? Fuhgeddaboudit!
Spotlight On: FHFA’s Proposed Rulemaking on Fair Lending Oversight
“The way I look at it, there are a lot of things about this rule that need to be changed,” said The Lincoln Institute’s Jim Gray. Continue Reading Spotlight On: FHFA’s Proposed Rulemaking on Fair Lending Oversight
The 30-Year Fixed-Rate Mortgage Inches Up Again
“Rates should gently decline over the course of 2023,” said Freddie Mac Chief Economist Sam Khater. Continue Reading The 30-Year Fixed-Rate Mortgage Inches Up Again
Pending Home Sales Down for First Time in Four Months
“The lack of housing inventory is a major constraint to rising sales,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Down for First Time in Four Months
Realtor.com Looks Beyond the Stars with ‘Guardians of the Galaxy Vol. 3’ Promotion
Securing a home on Earth can be challenging to some, but finding an abode in the outer edges of the universe takes an additional skill set. Realtor.com announced it has teamed with the upcoming film release “Marvel Studios' Guardians of the Galaxy Vol. 3” to explore...
Wells Fargo Teams with T.D. Jakes on Community Revitalization Endeavor
“We look forward to seeing the meaningful difference we’ll make together in communities across the country,” said Charlie Scharf, CEO of Wells Fargo. Continue Reading Wells Fargo Teams with T.D. Jakes on Community Revitalization Endeavor
Profit Margins on Home Sales Down 44.2% During Q1
This marked the third straight quarterly decrease nationwide and resulted in the lowest investment return since mid-2021. Continue Reading Profit Margins on Home Sales Down 44.2% During Q1
Mortgage Delinquency Rate Remains Near Record Low
No state posted an annual increase in overall delinquency rates in February. Continue Reading Mortgage Delinquency Rate Remains Near Record Low
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