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Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
Denver Broncos Submit Preliminary Plan for New Stadium
The Denver Broncos has submitted a large development review pre-application to the City of Denver that details its preliminary plans for redeveloping a 58-acre former railroad yard as the preferred site of its new stadium. Included in the pre-application is a...
David Saavedra Named CEO at the New Mexico Association of Realtors
The New Mexico Association of Realtors (NMAR) has appointed David Saavedra as its new CEO. Saavedra served as interim CEO since July. According to the Albuquerque Journal, Saaverda is NMAR’s fourth CEO in two-and-a-half years, following Rob Wigton’s six months of...
Bank of England Opts to Hold Rates Steady
The Bank of England deviated from their American counterparts at the Federal Reserve by announcing they were not cutting rates at this time. In a statement, Gov. Andrew Bailey said, “Today we held interest rates at 4%. Since August last year, we have been able to cut...
NEWS & CURRENT EVENTS
DeSantis: Putting Multiple Property Tax Measures on the Ballot is a ‘Political Game’
“Placing more than one property tax measure on the ballot represents an attempt to kill anything on property taxes,” he wrote. Continue Reading DeSantis: Putting Multiple Property Tax Measures on the Ballot is a ‘Political Game’
New Listings and Pending Sales Up Across New York State
he median sales price across New York State was $427,628, a 3% upswing from the $415,000 price in September 2024. Continue Reading New Listings and Pending Sales Up Across New York State
Existing Home Sales Up 1.5% in September
The median existing home price for all housing types was $415,200, up 2.1% from the $406,700 recorded one year earlier. Continue Reading Existing Home Sales Up 1.5% in September
Mortgage Rates Are Falling Again
The 30-year fixed-rate mortgage averaged 6.19% as of Oct. 23. Continue Reading Mortgage Rates Are Falling Again
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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.
NAR: Typical Agent Reported 10 Transactions in 2024
NAR’s report showed that the median gross income for realtors totaled $58,100 in 2024, up from $55,800 in 2023. Continue Reading NAR: Typical Agent Reported 10 Transactions in 2024
Mississippi Man Accused of Assaulting Realtor Tells Court He Has Parkinson’s Disease
“First of all, I can’t even think straight,” Jerry Glynn Dennis said. Continue Reading Mississippi Man Accused of Assaulting Realtor Tells Court He Has Parkinson’s Disease
Mortgage Application Activity Up 3.1%
The Refinance Index took a 5% week-over-week rise and was 18 percent higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 3.1%
Toronto Records Strongest July Home Sales in Four Years
The average selling price of $1.05 million was down by 5.5% from one year earlier. Continue Reading Toronto Records Strongest July Home Sales in Four Years
Northern California’s Showcase Real Estate Joins The Real Brokerage
“The Private Label program was the perfect solution for Showcase Real Estate, a well-established brand of 47 years in our area,” said Donna Phelan. Continue Reading Northern California’s Showcase Real Estate Joins The Real Brokerage
Modular Housing Provider Boxabl Uses SPAC to Go Public With $3.5 Billion Valuation
Boxabl co-founders and co-CEOs Paolo and Galiano Tiramani will continue to lead the combined company. Continue Reading Modular Housing Provider Boxabl Uses SPAC to Go Public With $3.5 Billion Valuation
FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties
Mortgage Bankers Association President and CEO Bob Broeksmit welcomed the announcement shortly after it was released. Continue Reading FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties
GOP Senators Introduce LETITIA Act to Address Financial Fraud by Politicians
“The American people should be able to trust their elected officials to follow the letter of the law, not take advantage of their positions for personal gain,” said Sen. John Cornyn Continue Reading GOP Senators Introduce LETITIA Act to Address Financial Fraud by Politicians
ATTOM Debuts Self-Service Data Platform
“With ATTOM Nexus, we’ve created a best-in-class experience,” said ATTOM’s Todd Teta. Continue Reading ATTOM Debuts Self-Service Data Platform
Trump Rules Out Treasury Secretary Bessent as Next Fed Chairman
“Well, I love Scott, but he wants to stay where he is,” Trump said. Continue Reading Trump Rules Out Treasury Secretary Bessent as Next Fed Chairman
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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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