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Builder Confidence Rises Despite Market Challenges
“The HMI gain in October is a positive signal for 2026 as our forecast is for single-family housing starts to gain ground next year,” said NAHB Chief Economist Robert Dietz. Continue Reading Builder Confidence Rises Despite Market Challenges
Builder Confidence Rises Despite Market Challenges
“The HMI gain in October is a positive signal for 2026 as our forecast is for single-family housing starts to gain ground next year,” said NAHB Chief Economist Robert Dietz. Continue Reading Builder Confidence Rises Despite Market Challenges
30-Year Fixed-Rate Mortgage Down for 12th Straight Week
The 30-year fixed-rate mortgage averaged 6.62% as of April 10, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.64%. “The average 30-year fixed-rate mortgage continues to...
Foreclosure Activity Up During Q1
A total of 93,953 residential properties carried foreclosure filings during the first quarter of this year, according to new data from ATTOM. This is up by 11% from the previous quarter but down 2% from one year ago. Nationwide one in every 1,515 housing units had a...
Chicago Real Estate Broker Sentenced for $3 Million Investor Fraud
A Chicago real estate broker was sentenced to four years and two months in federal prison for defrauding four investors out of more than $3 million. Stanislav Sannikov, also known as Steve Sannikov, owned and operated Chestnut Realty Group. According to the charges...
NEWS & CURRENT EVENTS
Hits and Misses for the Real Estate Week of Jan. 13-17
New leaders for the FHFA and HUD, the status quo at the CFPB and State Farm staying out of the TV spotlight. Continue Reading Hits and Misses for the Real Estate Week of Jan. 13-17
HUD Charges Texas Homeowners Association with Discrimination
The Charge alleged that Providence Homeowners Association twice enacted these rules to reduce the number of Black families in the town. Continue Reading HUD Charges Texas Homeowners Association with Discrimination
Clear Investment Group Acquires DC-Based Multifamily Complex
The financial terms of the acquisition were not disclosed. Continue Reading Clear Investment Group Acquires DC-Based Multifamily Complex
Developers Propose Building Tallest-Ever American Skyscraper in NYC
The project, dubbed 175 Park Avenue, would rise 1,575 feet tall and cost as much as $6.5 billion. Continue Reading Developers Propose Building Tallest-Ever American Skyscraper in NYC
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Home Construction Collective Launches Real Estate Investing Platform
“Millions of people need homes that do not exist, and real solutions are scant,” said Co-Founder and CEO Isaac Lidsky, Continue Reading Home Construction Collective Launches Real Estate Investing Platform
Bed Bath & Beyond Files for Chapter 11 Bankruptcy, To Shutter 480 Stores
360 Bed Bath & Beyond stores and 120 Buy Buy Baby shops will be closed by June 30. Continue Reading Bed Bath & Beyond Files for Chapter 11 Bankruptcy, To Shutter 480 Stores
Blackstone Taps Ross B. Shuster as CEO of Climate Technologies
Shuster was previously CEO at Howden, a provider of air and gas handling products and services. Continue Reading Blackstone Taps Ross B. Shuster as CEO of Climate Technologies
Ottawa’s Colonnade BridgePort Hires Andrew Blair as Managing Partner
Blair was previously head of real estate investments for the Americas at the Canada Pension Plan Investment Board. Continue Reading Ottawa’s Colonnade BridgePort Hires Andrew Blair as Managing Partner
Commercial Real Estate Lending Volumes Up 14.5%
The volume of loans originated against commercial real estate (CRE) during 2022 reached a record peak of $861.96 billion, according to new data from Trepp Inc. Continue Reading Commercial Real Estate Lending Volumes Up 14.5%
Market Snapshot: Canada’s Luxury Real Estate Sector
A shortage of pricey properties resulted in a decline of year-over-year sales activity for Canada’s luxury real estate market during the first quarter of this year. Continue Reading Market Snapshot: Canada’s Luxury Real Estate Sector
Real Estate Investors Taking a Loss in Current Home Selling
Redfin observed that investors owned 10.1% of new listings on the market as of December. Continue Reading Real Estate Investors Taking a Loss in Current Home Selling
Mortgage Delinquencies at Record Low
Every state recorded lower delinquency levels in March, ranging from 11.9% in Washington to 21.5% in Vermont. Continue Reading Mortgage Delinquencies at Record Low
Redfin: One-Third of 25-Year-Olds are Homeowners
The typical mortgage rate for homebuyers under 25 using a conventional loan was 3.3% in 2020 and 3.1% in 2021. Continue Reading Redfin: One-Third of 25-Year-Olds are Homeowners
Keller Williams Establishes Presence in India
Keller Williams is in more than 55 markets around the world. Continue Reading Keller Williams Establishes Presence in India
ABOUT WEEKLY REAL ESTATE NEWS
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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