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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
St. Louis Man Pleads Guilty to Mortgage Fraud Scams
A St. Louis man pleaded guilty to one felony count of bank fraud in a case where he admitted to fraudulently obtaining home mortgages totaling more than $1.2 million. Edward James Mitchell Jr. participated in four fraudulent home mortgages from October 2021 through...
Washington State Lawmakers Consider Bill to Raise Property Tax Cap
A new bill in the Washington state legislature could raise the cap on property taxes from 1% to 3%. KOMONews.com reports House Bill 2049 is backed by the Association of Washington Cities (AWC), the nonpartisan nonprofit that represents localities before the state...
Florida Realtors Oppose Bill to Eliminate State’s Real Estate Commission
Florida Realtors has come out against a bill in the state legislature that would abolish the Florida Real Estate Commission (FREC). House Bill 1461 eliminate nearly all the state boards and commissions tasked with regulating professions under the Florida Department of...
NEWS & CURRENT EVENTS
Report: 18-Year-Old Barron Trump in New Real Estate Endeavor
Barron Trump is now studying at New York University’s Stern School of Business. Continue Reading Report: 18-Year-Old Barron Trump in New Real Estate Endeavor
‘Home Alone’ House Sells for $5.5 Million
The house last changed hands in 2012 for $1.58 million. Continue Reading ‘Home Alone’ House Sells for $5.5 Million
Single-Family Housing Starts Up in December
For the full year of 2024, an estimated 1.36 million housing starts were recorded in 2024. Continue Reading Single-Family Housing Starts Up in December
RE/MAX: December Home Sales Up 13.3% Year-Over-Year
New listings were 7.5% higher from the prior year. Continue Reading RE/MAX: December Home Sales Up 13.3% Year-Over-Year
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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.
Tight Inventory Drives Down New York State Home Sales
The state has not recorded a year-over-year increase in housing inventory since October 2019. Continue Reading Tight Inventory Drives Down New York State Home Sales
CFPB Downplays Data Breach Report
The employee responsible for this action is no longer with the CFPB. Continue Reading CFPB Downplays Data Breach Report
Spotlight On: Five New Real Estate Books
Anecdotes, observations and professional strategies are on display in each book. Continue Reading Spotlight On: Five New Real Estate Books
Mortgage Rates on the Rise Again
“For the first time in over a month, mortgage rates moved up due to shifting market expectations,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates on the Rise Again
Existing Home Sales Down 22% from Last Year
First-time buyers were responsible for 28% of sales in March. Continue Reading Existing Home Sales Down 22% from Last Year
Report: IMBs Outpace Banks for Lending in LMI and Minority Areas
CRA was implemented in 1977 in response to decades of redlining practices by banks and thrifts. Continue Reading Report: IMBs Outpace Banks for Lending in LMI and Minority Areas
New Platform Enables Global Crypto Purchasing of US Real Estate
The program launched today for Texas-only properties and will be expanded in June for other select states. Continue Reading New Platform Enables Global Crypto Purchasing of US Real Estate
Colombian Proptech Habi in $100M Credit Facility
The new financing marks the launch of a partnership that will enable Habi to expand its portfolio of residential products. Continue Reading Colombian Proptech Habi in $100M Credit Facility
FDIC Auctions Mortgage-Backed Bonds from Failed Banks
Another auction is planned for next week, with the FDIC seeking to sell about $660 million of lower-rated bonds. Continue Reading FDIC Auctions Mortgage-Backed Bonds from Failed Banks
Guild Mortgage Adds 8 California Branches From Fairway Independent Mortgage
John Lowe, formerly senior vice president and division manager at Fairway, has been named district manager of the new district. Continue Reading Guild Mortgage Adds 8 California Branches From Fairway Independent Mortgage
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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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