Subscribe to Email News Updates

Subscribe for Email Updates

Subscribe to receive occasional email real estate & mortgage news updates from Weekly Real Estate News. You may unsubscribe at any time by following the link in your email.

Email*

State/Province

Which News Would You Like to Receive?

Real Estate

Mortgage

Please verify your request.*

Home Prices Hit Record High as Sales Decline for Fourth Month in a Row

by Third Party | Jun 24, 2021 | News/Current Events

Source: Barron's --- The median sales price of an existing home grew 23.6% annually in May to a record $350,300, according to data released Tuesday. The National Association of Realtors reported that the median sale price of a home in May rose at the greatest...

U.S. Existing-Home Prices Hit Record High in May

by Third Party | Jun 24, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: The Wall Street Journal --- U.S. home prices in May experienced their biggest annual increase in more than two decades, as a shortage of properties and low borrowing rates fueled demand. The median existing-home sales price in May topped $350,000 for the first...

Nonbank Lenders Are Dominating the Mortgage Market

by Third Party | Jun 24, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: The Wall Street Journal --- Americans took out more mortgages than ever before in 2020. Most of them didn’t come from banks. Nonbank mortgage lenders in the U.S. issued 68.1% of all mortgages originated in 2020, up from 58.9% in 2019, according to industry...

The US is short 6.8 million homes, National Association of Realtors says

by Third Party | Jun 24, 2021 | News/Current Events, Real Estate News

Source: Business Insider --- Decades of chronic underbuilding left the US housing market with a colossal gap between consumer demand and nationwide supply, according to a new report from the National Association of Realtors. Home sales surged to a breakneck pace after...

Pets Influence Many Older Homeowners’ Real Estate, Decorating Choices

by Third Party | Jun 23, 2021 | Real Estate Agent Tools

Source: AARP --- Many pet owners are thinking of their animals when they plan home renovations, do some redecorating or even shop for a new place to live. About 7 of 10 boomers and Gen Xers — generations that together now range in age from their 40s to their mid-70s —...