Saudi Arabia’s
New York Post

Saudi Arabia’s $1.5T futuristic city still on track despite scaling-back rumors amid money issues

  Saudi Arabia’s ambitious NEOM megaproject, valued at $1.5 trillion, is not scaling back its plans, according to Economy Minister Faisal Al Ibrahim. Addressing recent speculation at the World Economic Forum’s special meeting in Riyadh, […]

Fannie Mae
Housing Wire

Fannie Mae profits grow to $4.3B in Q1 2024

​ Despite the struggles of its independent mortgage bank counterparties, Fannie Mae delivered $4.3 billion in net income during the first quarter of the year, up from $3.9 billion in the prior quarter, the government-sponsored […]

buyer broker agreements
Housing Wire

NAR clarifies details on buyer broker agreements

​ As the July deadline for the implementation of the business practice changes outlined in the National Association of Realtors’ (NAR)commission lawsuit settlement agreement approaches, the trade organization is looking to iron out some details […]

North Carolina
Weely Real Estate News

New Housing Department Proposed for North Carolina

A bill has been introduced in the North Carolina House of Representatives to create a new state-level housing department. NCNewsline.com reported Rep. Diamond Staton-Williams’ House Bill 925 is proposing the creation of the North Carolina Department […]

Mortgage Demand
Weely Real Estate News

Mortgage Demand Slumps Again

Mortgage demand weakened last week, according to the latest data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.3% on a seasonally adjusted basis […]