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Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Two new reports offer a new glimpse into the factors driving today’s renter population. Experian (OTCMKTS: EXPGY) issued a survey that found nearly half (47%) of renters anticipate being ready to purchase a home within the next four years, with 67% looking to make...
Private Connecticut Island Sells at a Discount
A private Connecticut island owned by the same family for more than a century has sold for $26.5 million, down from its original listing price of $35 million. Mansion Global reports the 18-acre Hay’s Island includes an 8,684-square-foot, six-bedroom mansion built in...
Builder Confidence Remains Flat
Builder confidence in the market for newly built single-family homes rose one point to 38 in November, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any number over 50 indicates that more builders view conditions...
NEWS & CURRENT EVENTS
Report: Trump Wants His Name on New Commanders Stadium
Trump is reportedly not interested in buying the naming rights or having a corporation buy it for him. Continue Reading Report: Trump Wants His Name on New Commanders Stadium
Wendy’s to Close Hundreds of US Restaurants
This is the second time in a year that Wendy’s began closing scores of restaurants. Continue Reading Wendy’s to Close Hundreds of US Restaurants
Mortgage Credit Availability at 3-Year High
“Credit availability in October rose to its highest level since 2022 as investors broadened their loan offerings over the month,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at 3-Year High
Hits and Misses for the Real Estate Week of Nov. 3-7
Fewer first-time buyers in the housing market, the firing of the FHFA’s inspector general, and the comeback for a historic Salt Lake City theater. Continue Reading Hits and Misses for the Real Estate Week of Nov. 3-7
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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.
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
National Average for Apartment Rents Down Slightly in August
This marks the second consecutive month of flat or negative monthly rent change. Continue Reading National Average for Apartment Rents Down Slightly in August
TVA in Collaboration to Build 6 Nuclear Plants for 6 GW of Power Across 7 States
The new collaboration is designed to provide enough energy to power the equivalent of approximately 4.5 million homes or 60 new data centers. Continue Reading TVA in Collaboration to Build 6 Nuclear Plants for 6 GW of Power Across 7 States
Connecticut Mega-Church Proposes Affordable Housing Complex On Its Property
First Cathedral in Bloomfield offered an informal presentation to the town’s planning and zoning commission. Continue Reading Connecticut Mega-Church Proposes Affordable Housing Complex On Its Property
FHFA’s Pulte is ‘Taking a Closer Look’ at Credit Union Risks to Federal Home Loan Banks
“Credit Unions are a part of the Federal Home Loan Bank network that we regulate,” said Pulte Continue Reading FHFA’s Pulte is ‘Taking a Closer Look’ at Credit Union Risks to Federal Home Loan Banks
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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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