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New Home Purchase Mortgage Applications Up 2% in September
The average loan size for new homes increased from $374,288 in August to $379,107 in September. Continue Reading New Home Purchase Mortgage Applications Up 2% in September
New Home Purchase Mortgage Applications Up 2% in September
The average loan size for new homes increased from $374,288 in August to $379,107 in September. Continue Reading New Home Purchase Mortgage Applications Up 2% in September
Northeast Housing Markets Lead Nation for Down Payment Increases
The Northeast led the nation last year with the greatest increases in median down payments while Southern and Western states recorded the most significant declines. According to new data from Realtor.com, Delaware led the nation in 2024 with a 38.6% rise in median...
Turnbridge Equities Acquires LA Industrial Park for $28 Million
Turnbridge Equities, a New York City-based real estate investment and development firm, has acquired Eton Industrial Park, a 205,000-square-foot multi-tenant industrial park located in the Canoga Park neighborhood of Los Angeles, for $28 million. The property is...
Newmark Promotes Lou Alvarado to Chief Operating Officer
Newmark Group Inc. (NASDAQ: NMRK) has promoted Lou Alvarado to the newly created chief operating officer position. In this new role, Alvarado will be responsible for strengthening the company’s productivity and the sustainable expansion of business lines, including...
NEWS & CURRENT EVENTS
Survey: Ontario Residents Remain Pessimistic About Becoming Homeowners
75% strongly supported reducing municipal development charges. Continue Reading Survey: Ontario Residents Remain Pessimistic About Becoming Homeowners
NAR Creates New SVP for Industry Relations Position
NAR said Grasso will spearhead efforts “to deepen engagement with state and local associations.” Continue Reading NAR Creates New SVP for Industry Relations Position
Newsom Signs Order to Stop Predatory Land Speculation in Fire-Damaged Areas
Newsom’s office acknowledged the executive order is modeled on a similar order issued by Hawaii Governor Josh Green. Continue Reading Newsom Signs Order to Stop Predatory Land Speculation in Fire-Damaged Areas
Texas Developer Nate Paul Ends Fraud Case with Guilty Plea
Paul was initially indicted in June 2023 on eight counts of bank fraud. Continue Reading Texas Developer Nate Paul Ends Fraud Case with Guilty Plea
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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.
Spotlight On: Mark Pires, Realtor and YouTube Creative Artist
“Back to the FutureMark” is Pires’ seventh feature film. Continue Reading Spotlight On: Mark Pires, Realtor and YouTube Creative Artist
Mortgage Rates Drop For Fifth Straight Week
Rates are at their lowest level in two months. Continue Reading Mortgage Rates Drop For Fifth Straight Week
New Studies Address Canada’s Housing Shortage
More housing construction took place in the 1970s compared to today. Continue Reading New Studies Address Canada’s Housing Shortage
Christie’s International Real Estate opens Central Kentucky location
Christie’s International Real Estate Bluegrass will have 50 agents and 11 dedicated staff members based in Lexington, Kentucky. Continue Reading Christie’s International Real Estate opens Central Kentucky location
MBA: $816 Billion In Commercial Real Estate Mortgage Activity in 2022
This represented an 8% drop from the record $891 billion in 2021, although it was also a 33% spike increase from $614 billion in 2020. Continue Reading MBA: $816 Billion In Commercial Real Estate Mortgage Activity in 2022
Josh Champion Named CEO at First National Realty Partners
Champion previously served as president and chief investment officer of the Carroll Organziation, a vertically integrated private equity real estate firm. Continue Reading Josh Champion Named CEO at First National Realty Partners
Welcome Homes Expands Proptech Services to Georgia and North Carolina
The company is now operating in nine states. Continue Reading Welcome Homes Expands Proptech Services to Georgia and North Carolina
Survey: 70% of Americans Are Stressed Over Their Personal Finances
Only 13% of survey respondents expressed confidence in the nation’s banking system. Continue Reading Survey: 70% of Americans Are Stressed Over Their Personal Finances
Bloomberg Report Claims UWM Suffers From a ‘Locker-Room Culture’
Company head Mat Ishbia is not blamed in the article for encouraging alleged bad behavior in his workplace. Continue Reading Bloomberg Report Claims UWM Suffers From a ‘Locker-Room Culture’
Canadians Divided on Whether to Buy a Home Now or Later
More than a quarter of survey respondents said they would consider delaying a home purchase because of the possibility of a recession. Continue Reading Canadians Divided on Whether to Buy a Home Now or Later
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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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