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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
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Home2024July

Month: July 2024

Inside Out 2
Air Bnb Newsroom

Make core memories with Inside Out 2

July 15, 2024 Allen Santos Comments Off on Make core memories with Inside Out 2

  Inside Out fans ready to tap into their emotions can join Joy and a few new faces (did someone say Anxiety?) for a fun-filled stay at the crew’s Headquarters, hosted by none other than […]

Christie’s International Real Estate
Housing Wire

Christie’s International Real Estate welcomes new Brussels-based affiliate

July 12, 2024 Allen Santos Comments Off on Christie’s International Real Estate welcomes new Brussels-based affiliate

​ Christie’s International Real Estate Belgium is expanding its operation to Brussels, according to an announcement on Tuesday. The firm is already well established in Flanders, but the latest move expands its reach into the […]

Mortgage applications
Housing Wire

Mortgage applications dropped as rates moved higher last week: MBA

July 12, 2024 Allen Santos Comments Off on Mortgage applications dropped as rates moved higher last week: MBA

​ Mortgage applications declined by 2.6% on a seasonally adjusted basis during the week ending June 28, according to data released Wednesday by the Mortgage Bankers Association (MBA). The trade group cited upward movement in […]

Bergen County
Housing Wire

Is the Bergen County market beginning to shift toward buyers?

July 12, 2024 Allen Santos Comments Off on Is the Bergen County market beginning to shift toward buyers?

​ The housing market in Bergen County, New Jersey, is far from immune to the ills that are plaguing housing markets throughout the country. High mortgage rates have locked homeowners into the significantly lower rates […]

housing market
Housing Wire

The health of this housing market: Comparing 2024 data to 2011

July 12, 2024 Allen Santos Comments Off on The health of this housing market: Comparing 2024 data to 2011

​ Today’s housing market suffers from affordability issues due to mortgage rates in the 7s and high home prices. People are quick to panic over any part of the housing market that looks stressed, fearing […]

CoStar
Housing Wire

Move sues CoStar over alleged theft of trade secrets

July 12, 2024 Allen Santos Comments Off on Move sues CoStar over alleged theft of trade secrets

​ Move Inc., the parent company of Realtor.com, is suing CoStar Group, the parent company of rival Homes.com, over the alleged theft of portal data and documents. In a complaint filed on Tuesday in U.S. […]

NYSE
Housing Wire

NYSE moves to delist FOA warrants from the exchange

July 12, 2024 Allen Santos Comments Off on NYSE moves to delist FOA warrants from the exchange

​ The New York Stock Exchange (NYSE) on Wednesday announced that the warrants of Finance of America, traded under the ticker symbol “FOA.WS,” will be delisted from the exchange. The class A common shares traded […]

FHA
Housing Wire

FHA updates tech portal to accommodate new appraisal policy

July 12, 2024 Allen Santos Comments Off on FHA updates tech portal to accommodate new appraisal policy

​ The Federal Housing Administration (FHA) this week announced that its FHA Connection (FHAC) portal — which provides FHA-approved lenders and business partners with secure online access to computer systems at theU.S. Department of Housing […]

reverse mortgage lender
Housing Wire

Canada’s leading reverse mortgage lender has a new CEO

July 12, 2024 Allen Santos Comments Off on Canada’s leading reverse mortgage lender has a new CEO

​ Toronto-based HomeEquity Bank (HEB), Canada’s leading reverse mortgage lender, announced that Katherine Dudtschak has assumed the role of CEO following the retirement of her predecessor, Steven Ranson. Ranson announced his retirement earlier this year, […]

Housing affordability
Housing Wire

Housing affordability reaches lowest point in more than three decades: First American

July 12, 2024 Allen Santos Comments Off on Housing affordability reaches lowest point in more than three decades: First American

​ Affordability in the housing market is as bad as it’s been in more than three decades — and relief isn’t coming this year. That’s the conclusion of First American’s Real House Price Index (RHPI) […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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