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NAREB Seeks to Prepare Members for Changes to Real Estate Commissions

NAREB Seeks to Prepare Members for Changes to Real Estate Commissions

by Phil Hall | Mar 19, 2024 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The National Association of Real Estate Brokers (NAREB), which represents the interests of more than 100,000 Black real estate professionals, is preparing its member agents and brokers for the post-Sitzer/Barnett environment created with the National Association of...
FHA Raises Loan Limits for Manufactured Homes

FHA Raises Loan Limits for Manufactured Homes

by Phil Hall | Mar 19, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Administration (FHA) announced new loan limits for its Title I Manufactured Home Loan Program, which marks the first time since 2008 that the loan limits are being increased. Effective for FHA case numbers assigned on or after March 29, the new...
Southeast Property Group Acquires 328-Unit Multifamily Portfolio in Jacksonville

Southeast Property Group Acquires 328-Unit Multifamily Portfolio in Jacksonville

by Phil Hall | Mar 19, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The multifamily real estate investment firm Southeast Property Group has acquired a two-property, 328-unit apartment portfolio in Jacksonville, Florida, for $20.3 million. The properties were acquired from the Chetrit Group, which originally acquired them as part of...
Virginia Housing Names Tammy Neale CEO

Virginia Housing Names Tammy Neale CEO

by Phil Hall | Mar 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Virginia Housing announced the appointment of Tammy Neale as CEO, effective April 1. Neale replaces Susan Dewey, who retired from the Richmond-based housing authority at the end of 2023, and Janet Wiglesworth, who served as the interim CEO since Jan. 1. Neale joined...
Single-Family Housing Starts Jump by 11.6%

Single-Family Housing Starts Jump by 11.6%

by Phil Hall | Mar 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single‐family housing starts in February were at a rate of 1.12 million, according to new data from the U.S. Census Bureau and U.S. Department of Housing and Urban Development. This is 11.6% above the revised January figure of 1.01 million. Privately‐owned housing...
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