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Foreclosure Activity Up Annually for Ninth Straight Month
Nationwide, one in every 3,992 housing units had a foreclosure filing in November. Continue Reading Foreclosure Activity Up Annually for Ninth Straight Month
Foreclosure Activity Up Annually for Ninth Straight Month
Nationwide, one in every 3,992 housing units had a foreclosure filing in November. Continue Reading Foreclosure Activity Up Annually for Ninth Straight Month
Mortgage Delinquency Rate Up During Q3
The delinquency rate for mortgages on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.99% of all loans outstanding at the end of the third quarter, according to data from the Mortgage Bankers Association (MBA). The delinquency rate...
News Report Uncovers Bill Pulte’s Ownership of Broken-Down Florida Trailer Parks
An investigative feature published by the New York Times has uncovered a previously unreported aspect of Bill Pulte’s portfolio: ownership of five trailer parks in Florida that are in various stages of disrepair. The trailer park investments were not highlighted in...
Indiana Home Sales Up 4%
A total of 7,177 residential properties were sold in Indiana during October, up 4% from one year earlier, while pending sales totaled 6,795, a 1% dip from the previous year. According to data from the Indiana Association of Realtors (IAR), the 9,517 new home listings...
NEWS & CURRENT EVENTS
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
NewDay USA said this new product will allow veterans to “compete like cash buyers and close in as few as 15 days.” Continue Reading NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
JLL Capital Markets Secures $565 Million Construction Financing for New Miami Luxury Condo Tower
As of last month, The Residences at 1428 is 57% presold. Continue Reading JLL Capital Markets Secures $565 Million Construction Financing for New Miami Luxury Condo Tower
MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
Whitestone did not immediately issue a public comment on the offer. Continue Reading MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
The property’s last owner was financier Gary Winnick, who acquired it in 2000 for $94 million. Continue Reading LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
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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’s Pulte Slams Media for Questioning His Mortgage Fraud Accusations
Insults were aimed at reporters with Bloomberg, CNBC, Fox Business, Politico and the Wall Street Journal. Continue Reading FHFA’s Pulte Slams Media for Questioning His Mortgage Fraud Accusations
San Antonio Realtors Group Rebrands MLS
The LERA acronym stands for “Local, Expertise, Regional Access.” Continue Reading San Antonio Realtors Group Rebrands MLS
Pittsburgh Universities Put Students in Hotels as Enrollment Overwhelms Dorm Availability
University of Pittsburgh is placing 250 students in a Hampton Inn while Point Park University is housing 90 students at a Wyndham Grand. Continue Reading Pittsburgh Universities Put Students in Hotels as Enrollment Overwhelms Dorm Availability
Trump on Fed Governor Accused of Mortgage Fraud: ‘I’ll Fire Her if She Doesn’t Resign’
There is no precedent for president firing a Federal Reserve governor. Continue Reading Trump on Fed Governor Accused of Mortgage Fraud: ‘I’ll Fire Her if She Doesn’t Resign’
Virginia Home Sales Up 2.4%
The statewide median sales price in July was $435,000, a $9,000 increase for a 2.1% year-over-year bump-up. Continue Reading Virginia Home Sales Up 2.4%
Construction Costs on New Las Vegas Baseball Stadium Rises to $2 Billion
The new stadium will receive $350 million in public financing, with the team absorbing the remaining costs on the project. Continue Reading Construction Costs on New Las Vegas Baseball Stadium Rises to $2 Billion
Toronto Realtor Assures Social Media Crowd That He’s Not a Criminal with the Same Name
Zain Merchant added that his employer has also been receiving phone calls from people wondering why they have a criminal on their payroll. Continue Reading Toronto Realtor Assures Social Media Crowd That He’s Not a Criminal with the Same Name
MaestroX Debuts Document Platform for Title Searches
The platform provides direct integrations into title production software including SoftPro and Ramquest. Continue Reading MaestroX Debuts Document Platform for Title Searches
New York State Median Home Sale Price Breaks Record High
Closed sales were down from 10,286 homes last year to 10,046 last month, a 2.3% decline. Continue Reading New York State Median Home Sale Price Breaks Record High
A Phil Hall Op-Ed: Mr. Pulte, You’re Not Doing Your Job
A consideration of the FHFA director’s recent antics. Continue Reading A Phil Hall Op-Ed: Mr. Pulte, You’re Not Doing Your Job
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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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