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Pretium Brings in Julie Harbert as Senior Managing Director and President of Pretium Enterprise Services

Pretium Brings in Julie Harbert as Senior Managing Director and President of Pretium Enterprise Services

by Leora Ruzin | Mar 13, 2023 | Industry Updates, WRE News Exclusive

Pretium, a specialized investment firm focused on U.S. residential real estate, residential credit, and corporate credit, announced that Julie Harbert has joined the firm as Senior Managing Director and President of Pretium Enterprise Services. In this newly created...
The Number of ‘Million-Dollar’ Cities in the U.S has Dropped by Nearly 10% in the Last Six Months

The Number of ‘Million-Dollar’ Cities in the U.S has Dropped by Nearly 10% in the Last Six Months

by Leora Ruzin | Mar 13, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. has lost 58 “million-dollar” cities — cities where the typical home is worth $1 million or more — since the housing market peaked last July, a new Zillow analysis shows. In the six months after the peak, the typical home in million-dollar cities...
House Bill introduced in Texas Aims to Reduce Wait Times for Development Permits

House Bill introduced in Texas Aims to Reduce Wait Times for Development Permits

by Leora Ruzin | Mar 11, 2023 | Industry Updates, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

A bill introduced in the Texas House aims to cut down on development permitting backlogs across the state by offering alternatives if local authorities don’t make a decision on them within a specific time frame.   House Bill 14 would require regulatory...
Housing Rents Drop to Lowest Level in Over a Year

Housing Rents Drop to Lowest Level in Over a Year

by Leora Ruzin | Mar 11, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median U.S. asking rent rose 1.7% year over year to $1,937 in February—the smallest increase in nearly two years and the lowest level in a year, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Rents were up nearly...
Gary Keller, Keller Williams Leaders Being Sued for Interference by Keller Williams Realty Market Center Leaders

Gary Keller, Keller Williams Leaders Being Sued for Interference by Keller Williams Realty Market Center Leaders

by Leora Ruzin | Mar 11, 2023 | Industry Updates, News/Current Events, WRE News Exclusive

In a lawsuit filed in Travis County, Texas, Colleen and Bart Basinski, owners of multiple Keller Williams Realty market centers under the BAZ Investment Group, allege Keller Williams leaders interfered with independently owned franchises, costing the Basinskis...
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