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Mortgage Rates Record Slight Increase
A new data report from Redfin found the median monthly housing payment fell to $2,365 during the four weeks ending Jan. 4. Continue Reading Mortgage Rates Record Slight Increase
Mortgage Rates Record Slight Increase
A new data report from Redfin found the median monthly housing payment fell to $2,365 during the four weeks ending Jan. 4. Continue Reading Mortgage Rates Record Slight Increase
Brazil to Conduct Real Estate Auction Using Blockchain Technology
Brazil will conduct its first public real estate auction using blockchain technology. Convergencia Digital reports the Court of Auditors of São Paulo (TCE-SP) will sell off 10 warehouses, with every document and photograph involved in the process to be timestamped and...
Mark E. Patten to Become CFO at Sun Communities
Sun Communities Inc. (NYSE: SUI), a Southfield, Michigan-headquartered real estate investment trust that owns and operates manufactured housing and recreational vehicle communities, announced the appointment of Mark E. Patten as chief financial officer (CFO),...
Silicon Valley and Aspen Top November’s List of Most Expensive Home Sales
A Silicon Valley villa and an Aspen estate were the most home sales during November, according to a new report from Redfin. Aspen was home to four of the 10 most expensive home sales of November – perfect timing for ski season. The most expensive home sales of...
NEWS & CURRENT EVENTS
Owner of Minnesota Lodge Resort Charged with Torching the Property
He submitted a $16.5 million insurance claim, citing “a fire of unknown origin” as the cause of the destruction. Continue Reading Owner of Minnesota Lodge Resort Charged with Torching the Property
Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
The 600,000-square-foot shopping destination features retailers such as Nordstrom Rack, Dick’s, Marshalls, Ross, Planet Fitness, and Barnes and Noble. Continue Reading Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Nationwide, 8% of homes investors offloaded in the third quarter were sold at a loss, up from 6.5% a year earlier. Continue Reading Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Real Estate Agent Faces Disciplinary Hearing for Moving Families into Condemned Property
The Manitoba Securities Commission accused Rahim Mirza of “conduct unbecoming a registrant.” Continue Reading Real Estate Agent Faces Disciplinary Hearing for Moving Families into Condemned Property
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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.
FHFA Withdraws Three Biden-Era Proposed Rules
The FHFA made the announcement of the withdrawals in the Federal Register, stating it no longer planned to issue final rules for the proposals. Continue Reading FHFA Withdraws Three Biden-Era Proposed Rules
One in Six Home Sellers Dropped Their Asking Price
The typical home that sold in August went for 3.8% less than its original asking price—the steepest discount for that month since 2019. Continue Reading One in Six Home Sellers Dropped Their Asking Price
Toronto Home Sales and Listings Rise While Prices Drop
A rate cut by the Bank of Canada was credited with the new activity. Continue Reading Toronto Home Sales and Listings Rise While Prices Drop
reAlpha Mortgage Expands into Nevada Marketplace
With the new Nevada operations, reAlpha Mortgage is now licensed in 31 states. Continue Reading reAlpha Mortgage Expands into Nevada Marketplace
Stacey Onnen Named President at HomeSmart
“We are pleased to welcome Stacey to HomeSmart at such an important time in our growth,” said Matt Widdows, founder and CEO of HomeSmart. Continue Reading Stacey Onnen Named President at HomeSmart
Report: FHFA Closing Fannie Mae and Freddie Mac’s NY Offices Due to Letitia James’ ‘Corrupt and Dangerous Business Practices’
Fox News first reported the story, culling its information from an unnamed “source close to the Federal Housing Finance Agency.” Continue Reading Report: FHFA Closing Fannie Mae and Freddie Mac’s NY Offices Due to Letitia James’ ‘Corrupt and Dangerous Business Practices’
Utah Officials Reject Property Tax Hike Requests from 35 Cities and Taxing Entities
The rejections were based on compliance with guidelines included in new legislation that went into effect earlier this year. Continue Reading Utah Officials Reject Property Tax Hike Requests from 35 Cities and Taxing Entities
FICO Debuts Program to Sell Credit Scores Directly to Lenders
“Today marks a turning point in how credit scores are delivered and priced across the mortgage industry,” said Will Lansing, CEO of FICO. Continue Reading FICO Debuts Program to Sell Credit Scores Directly to Lenders
Ground Broken for New 10,000-Seat Arena in Reno
The $435 million GSR Arena will span 300,000 square feet and seat up to 10,000 guests. Continue Reading Ground Broken for New 10,000-Seat Arena in Reno
Mortgage Rates Rise for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.34% as of Oct. 2. Continue Reading Mortgage Rates Rise for Second Straight Week
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