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Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Redfin Debuts AI-Fueled Conversational Home Search Tool
Redfin has introduced an artificial intelligence (AI) tool that enables users to engage in a back-and-forth conversation with its platform on home searching. According to the company, users can describe what they want in their own words while following up on specific...
Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
A total of 36,766 residential properties in October had foreclosure filings— default notices, scheduled auctions or bank repossessions — up 3% from the prior month and up 19% from one year earlier. According to data from ATTOM, this marks the eighth consecutive month...
Wolf Valley Homes Launches Program to Encourage Homeownership for Veterans
Wolf Valley Homes, a Texas-based builder of tiny homes and small cabins, has launched its Veterans Homeownership Program, an initiative designed to make owning a tiny home more accessible for veterans, active-duty service members, and their families across Texas,...
NEWS & CURRENT EVENTS
The Shops at Laguna, California Shopping Center, Sells for $19.1 Million
The property encompasses four parcels totaling 4.16 acres. Continue Reading The Shops at Laguna, California Shopping Center, Sells for $19.1 Million
Fed to Reduce Staff in Banking Supervision Group by 30%
The reduction is expected to be completed by the end of 2026. Continue Reading Fed to Reduce Staff in Banking Supervision Group by 30%
Florida House Speaker: DeSantis ‘Small and Petty’ with Property Tax Comments
House Speaker Daniel Perez, a Republican, took umbrage over DeSantis’ remarks. Continue Reading Florida House Speaker: DeSantis ‘Small and Petty’ with Property Tax Comments
Related to Build $7 Billion Michigan Data Center for OpenAI-Oracle’s Stargate Project
Related will build the facilities and infrastructure for this project while Oracle will lease the campus. Continue Reading Related to Build $7 Billion Michigan Data Center for OpenAI-Oracle’s Stargate Project
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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.
RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
Lombardo was previously chief operating officer at Guaranteed Rate Affinity. Continue Reading RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
Geraldine Hayhurst Joins Farmer Mac as Chief Legal Officer
Hayhurst was most recently associate general counsel for corporate and compliance at CoStar Group Inc. Continue Reading Geraldine Hayhurst Joins Farmer Mac as Chief Legal Officer
34% Property Tax Hike in Utah: Is Your City Next?
Unless citizens demand fiscal discipline and accountability, more communities across America will face the same painful reality. Continue Reading 34% Property Tax Hike in Utah: Is Your City Next?
HUD Initiates English-Only Policy for Department Services
The policy aligns with President Trump’s executive order in March that makes English the nation’s official language. Continue Reading HUD Initiates English-Only Policy for Department Services
Report: Residential Building Worker Wage Growth Slowed in Q2
Average hourly earnings for residential building workers rose to $39.35 in June, up 3.5% increase from the $38.02 level recorded one year ago. Continue Reading Report: Residential Building Worker Wage Growth Slowed in Q2
Prince and Princess of Wales Moving to New ‘Forever Home’
The relocation will be funded privately, and the royal couple will pay market rent on the property. Continue Reading Prince and Princess of Wales Moving to New ‘Forever Home’
Builders Continue to Have Little Confidence in the Housing Market
37% of builders reported cutting prices in August, down from 38% in July. Continue Reading Builders Continue to Have Little Confidence in the Housing Market
New Data Reports Highlight a Wobbly Housing Market
The median home sale price rose 1.4% year-over-year in July to $443,867, the highest July level on record. Continue Reading New Data Reports Highlight a Wobbly Housing Market
Utah City Approves 34% Property Tax Hike
The supporters of this measure cited a $540,000 budget shortfall for fiscal year 2026. Continue Reading Utah City Approves 34% Property Tax Hike
Mortgage Applications for New Home Purchases Surged in July
The average loan size for new homes decreased from $376,077 in June to $372,745 in July. Continue Reading Mortgage Applications for New Home Purchases Surged in July
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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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