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California Home Sales Rebounded in September
In September, California’s median home price fell 1.7% to $883,640, down from $899,130 in August. Continue Reading California Home Sales Rebounded in September
California Home Sales Rebounded in September
In September, California’s median home price fell 1.7% to $883,640, down from $899,130 in August. Continue Reading California Home Sales Rebounded in September
Foundational Builders Corporation Expanding to Arizona and Florida
Foundational Builders Corporation, a Los Angeles-based residential and commercial construction firm, announced its expansion beyond California into Arizona and Florida. According to the company, the expansion “aligns with the company’s long-term vision of addressing...
HomeLife Realty Services Rolls Out Cash Back Program
Toronto-based HomeLife Realty Services Inc. has rolled out the HomeLife Multi Millions Cash Back Program, which is billed as Canada’s first nationwide real estate cash back program for buyers, sellers, and renters. According to the company, buyers and sellers will...
United Wholesale Mortgage in AI Partnership with Google Cloud
United Wholesale Mortgage (NYSE: UWMC) has entered a partnership with Google Cloud that aims to bring a new era of artificial intelligence (AI) solutions to the mortgage lending industry. According to the companies, UWM will integrate Google Cloud AI and machine...
NEWS & CURRENT EVENTS
Chris Lim Named EVP and Chief Growth Officer at RE/MAX Holdings
Lim previously served as president of Christie’s International Real Estate. Continue Reading Chris Lim Named EVP and Chief Growth Officer at RE/MAX Holdings
QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash
Beacon did not publicly comment on Jacobs’ letter. Continue Reading QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash
2024 Quebec Home Sales Back to Pre-Pandemic Levels
Across the province, the median price of single-family homes reached $450,000 by the end of 2024. Continue Reading 2024 Quebec Home Sales Back to Pre-Pandemic Levels
Leases for Big Lots Stores Offered for Sale
Offers for location purchases are due by Jan. 24. Continue Reading Leases for Big Lots Stores Offered for Sale
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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.
Homepoint Sells Wholesale Business to The Loan Store
Homepoint will hold an equity interest in The Loan Store. Continue Reading Homepoint Sells Wholesale Business to The Loan Store
NY Times Publishes Report Claiming Age Discrimination in Mortgage Applications
The Times did not include any input from mortgage professionals in its coverage. Continue Reading NY Times Publishes Report Claiming Age Discrimination in Mortgage Applications
Spotlight On: Thomas Ferrier and Tommie Mac Inc.
“We want to change the way homeowners are able to access the equity in their home,” said Thomas Ferrier. Continue Reading Spotlight On: Thomas Ferrier and Tommie Mac Inc.
Freddie Mac Reports Mortgage Rate Drop
“Mortgage rates continue to trend down entering the traditional spring homebuying season,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Freddie Mac Reports Mortgage Rate Drop
New York City Leads Nation in Property Taxes
The only major metro where property taxes are lower than $1,000 a year is Birmingham. Continue Reading New York City Leads Nation in Property Taxes
Housing Industry Coach Gibran Nicholas Declares Candidacy for Democratic Presidential Nomination
Nicholas said the nation is “going through sort of a mid-life crisis” three years ahead of its 250th anniversary. Continue Reading Housing Industry Coach Gibran Nicholas Declares Candidacy for Democratic Presidential Nomination
California Homeownership Affordability Continues to Evaporate
A minimum annual income of $186,800 was needed to qualify for the purchase of a $822,320 statewide median-priced, existing single-family home in 2022. Continue Reading California Homeownership Affordability Continues to Evaporate
Production Profits Plummet for Independent Mortgage Banks
“For the first time since the inception of MBA’s report in 2008, net production income was in the red in 2022, with losses averaging 13 basis points,” said MBA’s Marina Walsh. Continue Reading Production Profits Plummet for Independent Mortgage Banks
$339.8 Billion Collected in U.S. Single-Family Home Property Taxes in 2022
The states with the highest effective property tax rates in 2022 were New Jersey (1.79%), Illinois (1.78%), Connecticut (1.57%), Vermont (1.43%) and Nebraska (1.36%). Continue Reading $339.8 Billion Collected in U.S. Single-Family Home Property Taxes in 2022
FHFA Updates GSEs’ Equitable Housing Finance Plans
“Bringing more equity into the housing finance system is a step in the right direction,” said FHFA Director Sandra L. Thompson. Continue Reading FHFA Updates GSEs’ Equitable Housing Finance Plans
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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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