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Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
What Role Does Thanksgiving Play in Homebuying?
Well, it was bound to happen – a housing survey tied to next week’s Thanksgiving holiday! According to a new Realtor.com survey, more than half (52%) of said that hosting duties for the annual Thanksgiving dinner played at least some role in their most recent home...
Mortgage Application Activity Tumbles by 5.2%
Mortgage application activity dropped during the week ending Nov. 14, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.2% on a seasonally adjusted basis from...
California Home Sales at Highest Level Since February
California home sales during October reached their highest level since February, according to data from the California Association of Realtors (CAR). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized...
NEWS & CURRENT EVENTS
A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
Creating a 50-year mortgage with the goal of making housing more affordable is the equivalent of sending shipments of dinnerware into a famine-stricken region. Continue Reading A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
Texas Gov. Abbott Emphasizes Property Tax Relief in Re-Election Campaign
“It’s time to drive a stake through the heart of local property tax hikes for good,” said Abbott. Continue Reading Texas Gov. Abbott Emphasizes Property Tax Relief in Re-Election Campaign
Trump Floats 50-Year Mortgage Proposal, But Many Conservatives Disapprove
FHFA Director Bill Pulte called the idea a “game changer.” Continue Reading Trump Floats 50-Year Mortgage Proposal, But Many Conservatives Disapprove
Francis Ford Coppola Sells Private Island to Cover Losses from Flop Movie
“I don’t have any money because I invested all the money that I borrowed to make ‘Megalopolis,'” said Coppola. Continue Reading Francis Ford Coppola Sells Private Island to Cover Losses from Flop Movie
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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.
Chicago Bears Announce Move to New Suburban Stadium
Bears President and CEO Kevin Warren stated the team will be leaving its namesake city for Arlington Heights, a suburb approximately 25 miles from its current venue. Continue Reading Chicago Bears Announce Move to New Suburban Stadium
NYC Real Estate Executives Hold Strategy Meeting to Prevent Mamdani Becoming Mayor
The executives are encouraging support for Andrew Cuomo’s campaign. Continue Reading NYC Real Estate Executives Hold Strategy Meeting to Prevent Mamdani Becoming Mayor
Housing Market Hit Record $55.1 Trillion
Seven states saw their housing markets lose value over the past year, with the biggest drops in Florida (-$109 billion), California (-$106 billion) and Texas (-$32 billion). Continue Reading Housing Market Hit Record $55.1 Trillion
Edmonton Duo Charged with Real Estate Investing Scam
Yuvraj Verma and Rohit Sethi used several corporations to raise approximately $6.8 million from investors for an Edmonton-based real estate project. Continue Reading Edmonton Duo Charged with Real Estate Investing Scam
Report: Bessent Curses and Threatens Pulte During DC Private Party
Ultimately, there was no violence – Bessent and Pulte were seated at opposite ends of the dinner table and there was no further disruption. Continue Reading Report: Bessent Curses and Threatens Pulte During DC Private Party
Property Insurance Costs Grow 11.3%
California saw the largest increases in the first half of the year, with premiums in Los Angeles up 9% in six months and 19.5% year-over-year. Continue Reading Property Insurance Costs Grow 11.3%
Black Homeownership Rate Drops to 4-Year Low
The homeownership rate decline occurred as the Black unemployment rate reached 7.2% as of July, up from 6.3% one year before and the highest level since October 2021. Continue Reading Black Homeownership Rate Drops to 4-Year Low
Senate Democrats Debut Bill to Assist Faith-Based Groups in Creating Affordable Housing
The legislation creates $50 million per year in grants for communities that adopt policies removing barriers to affordable housing on property owned by faith-based organizations or colleges. Continue Reading Senate Democrats Debut Bill to Assist Faith-Based Groups in Creating Affordable Housing
Report: Bill Pulte’s Father and Stepmother Claimed Primary Residence on 2 Different Homes
Tax officials in Bloomfield Township, Michigan, said the Pultes’ exemption was being immediately revoked. Continue Reading Report: Bill Pulte’s Father and Stepmother Claimed Primary Residence on 2 Different Homes
California Construction Firm CEO Arrested on Loan Fraud Charges
If convicted, Joey Wayne Mackey faces a maximum statutory penalty of 30 years in prison and a $1 million fine. Continue Reading California Construction Firm CEO Arrested on Loan Fraud Charges
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