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HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
The CHA’s audit will cover the period of Sept. 1, 2022, to Aug. 31, 2025. Continue Reading HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
The CHA’s audit will cover the period of Sept. 1, 2022, to Aug. 31, 2025. Continue Reading HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
Home Sales Activity Climbs in New York State
A total of 10,265 homes were sold in New York State during October, up 3.2% from the 9,949 homes sold one year earlier. According to data from the New York State Association of Realtors, pending home sales were up 2.9% from the 9,795 accepted offers in October 2024 to...
Pennsylvania Home Sales Up by 6.4%
Pennsylvania recorded 11,174 home sales during October, up 6.4% from the 10,505 transactions recorded one year earlier. According to data from the Pennsylvania Association of Realtors, there were more than 43,600 listings in October, which reflects little change from...
Mortgage Rates Inch Up Slightly
Mortgage rates inched up slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20, up from last week when it averaged 6.24%. A year ago at this time, it averaged 6.84%....
NEWS & CURRENT EVENTS
Simon Property Group Debuts Rewards Program for Mall and Online Shoppers
The company added Simon+ will provide key data and metrics to help inform future marketing strategies. Continue Reading Simon Property Group Debuts Rewards Program for Mall and Online Shoppers
Dirk Wakeham Named President and CEO at RealPage
He was previously president of RealPage following its acquisition of LeasingDesk, the company he founded. Continue Reading Dirk Wakeham Named President and CEO at RealPage
Mortgage Application Activity Takes a 0.6% Uptick
Among the federal programs, the FHA share of total applications increased to 19.4% from 18.5% the week prior. Continue Reading Mortgage Application Activity Takes a 0.6% Uptick
Report: Fannie Mae Investigators Fired After Probing Pulte for Possible Misuse of Authority
An FHFA spokesman said the report contained “false and defamatory claims.” Continue Reading Report: Fannie Mae Investigators Fired After Probing Pulte for Possible Misuse of Authority
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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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