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15% of Home Purchase Agreements Canceled During October
San Antonio led the nation in canceled deals, with over one in five (21%) pending home sales falling through in October. Continue Reading 15% of Home Purchase Agreements Canceled During October
15% of Home Purchase Agreements Canceled During October
San Antonio led the nation in canceled deals, with over one in five (21%) pending home sales falling through in October. Continue Reading 15% of Home Purchase Agreements Canceled During October
Report: More Californians Can Afford to Buy a Home
More Californians were able to afford buying a home during the third quarter, according to a data report from the California Association of Realtors (CAR). Between July and September, 17% of the state's homebuyers could afford to purchase an $887,380 median-priced,...
Multifamily Developer Confidence Rises in Q3
Builder confidence in the new multifamily housing market increased year-over-year in the third quarter, according to the Multifamily Market Survey released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily...
Mortgage Rates Inch Up Again
Mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6, up from last week when it averaged 6.17%. A year ago at this time, it averaged 6.79%. The...
NEWS & CURRENT EVENTS
Florida’s Single-Family Home Sales Up 13.6% in September
Single-family existing homes were at a 5.1-months’ supply in September and the third quarter. Continue Reading Florida’s Single-Family Home Sales Up 13.6% in September
Ohio Lawmaker Proposes Replacing Local Property Taxes with a Statewide Tax
Local school property taxes would be replaced by a single statewide 20-mill property tax and a 1.75% sales tax increase. Continue Reading Ohio Lawmaker Proposes Replacing Local Property Taxes with a Statewide Tax
REcore Solutions Drops Breach of Contract Lawsuit Against Homes.com and CoStar Group
CRMLS announced the lawsuit was dismissed with prejudice. Continue Reading REcore Solutions Drops Breach of Contract Lawsuit Against Homes.com and CoStar Group
Letitia James Seeks to Dismiss Mortgage Fraud Case, Citing Legality of Trump-Picked Prosecutor
James was indicted on two felony charges of bank fraud and making false statements to a financial institution. Continue Reading Letitia James Seeks to Dismiss Mortgage Fraud Case, Citing Legality of Trump-Picked Prosecutor
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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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