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Fed’s Miran Calls for 150 Basis Point Cut in Interest Rates
Miran’s term on the Fed’s Board of Governors expires at the end of the month. Continue Reading Fed’s Miran Calls for 150 Basis Point Cut in Interest Rates
Fed’s Miran Calls for 150 Basis Point Cut in Interest Rates
Miran’s term on the Fed’s Board of Governors expires at the end of the month. Continue Reading Fed’s Miran Calls for 150 Basis Point Cut in Interest Rates
Ground Broken on 365-Unit Multifamily Community in Aurora, Colorado
A joint venture between multifamily developer Wood Partners and real estate investment manager Clarion Partners officially broke ground on Alta Metro Center in Aurora, Colorado. The 365-unit project encompasses a quartet of four-story buildings featuring a mix of...
MISMO Names Amy Moses as VP of Strategic Growth
MISMO, the real estate finance industry's standards organization, has hired Amy Moses as vice president of strategic growth. In this role, Moses will lead MISMO’s growth and revenue strategy, drive expanded industry engagement, and cultivate strategic partnerships...
UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
UWM Holdings Corporation (NYSE: UWMC), the parent of United Wholesale Mortgage (UWM), is acquiring Two Harbors Investment Corp. (NYSE: TWO), a real estate investment trust, in an all-stock transaction for $1.3 billion. Two Harbors is one of the nation’s largest...
NEWS & CURRENT EVENTS
Report: Average Buyer’s Agent Commission Up Slightly Since New NAR Rules
The average buyer’s agent commission during the third quarter was 2.42%, up from 2.36% one year earlier, while commissions were virtually flat compared to the previous quarter. According to a new data report from Redfin, commissions are at roughly the same level they...
New York State Raises Property Tax Exemption for Seniors to 65%
Legislation S5175A/A3698A replaces the previous 50% maximum percentage of exemption local governments have been able to offer income-eligible seniors. Continue Reading New York State Raises Property Tax Exemption for Seniors to 65%
Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Dollar General Plans to Open 450 New Stores
Dollar General said it opened 196 new stores in the third quarter. Continue Reading Dollar General Plans to Open 450 New Stores
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
California’s State-Run Property Insurance Program Proposes 36% Rate Hike
If approved, the new rates would take at customers’ next renewal date after April 1, 2026. Continue Reading California’s State-Run Property Insurance Program Proposes 36% Rate Hike
Second Prosecutor Balks at Trump Pressure to Indict Letitia James for Mortgage Fraud
Elizabeth Yusi has been with the Department of Justice for 18 years and has been a US Assistant Attorney for the last 10 years. Continue Reading Second Prosecutor Balks at Trump Pressure to Indict Letitia James for Mortgage Fraud
The Best and Worst Cities for Driving Are…
In 100th place was Philadelphia – obviously, the City of Brotherly Love doesn’t spread its love to the roads and highways. Continue Reading The Best and Worst Cities for Driving Are…
Clarion Partners Expands into Senior Housing Sector
The financial aspects of the deal were not disclosed. Continue Reading Clarion Partners Expands into Senior Housing Sector
Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium
The Bears initially insisted they would pay for the stadium itself, with team president Kevin Warren claiming the new stadium would “require zero state money for construction.” Continue Reading Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium
Report: Housing Affordability at Best Level Since Early 2023
The average credit score for purchase locks climbed above 736, the highest recorded in the six-year history of ICE’s origination dataset Continue Reading Report: Housing Affordability at Best Level Since Early 2023
First Residential Independent Mortgage, a New Lender, Begins Operations
The new company will specialize in conventional and FHA loans and will offer down payment assistance loan products through its existing partnerships. Continue Reading First Residential Independent Mortgage, a New Lender, Begins Operations
KB Home Unveils New Seattle-Area Community
Pricing at Greenleaf Grove starts at $1.3 million. Continue Reading KB Home Unveils New Seattle-Area Community
Gary Mayo Named President of Harmony Homes
Mayo comes to Harmony Homes after 27 years as group president at Toll Brothers. Continue Reading Gary Mayo Named President of Harmony Homes
Trump to Push Builders to Increase Home Construction
“I’m asking Fannie Mae and Freddie Mac to get Big Homebuilders going,” said Trump. Continue Reading Trump to Push Builders to Increase Home Construction
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