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PNC Bank to Spend $1 Billion to Open 100 New Locations

PNC Bank to Spend $1 Billion to Open 100 New Locations

by Phil Hall | Feb 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Pittsburgh-headquartered PNC Bank (NYSE:PNC) announced it will invest approximately $1 billion to open more than 100 new locations and renovate more than 1,200 existing locations through 2028. According to the company, PNC will build and open new branches in key...
Foreclosure Activity is On the Rise

Foreclosure Activity is On the Rise

by Phil Hall | Feb 14, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 33,270 residential properties carried foreclosure filings in January, according to new data from ATTOM. This marks a 10% increase from the prior month and a 5% increase from one year earlier. Lenders repossessed 3,954 residential properties through...
Homeowners Staying Longer in Their Houses

Homeowners Staying Longer in Their Houses

by Phil Hall | Feb 14, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Prospective buyers in the market for an existing home are finding themselves in an environment where more homeowners are not eager to move out. The typical U.S. homeowner has spent 11.9 years in their home, up from 6.5 years two decades ago, according to new data from...
Canadian Home Sales Up in January

Canadian Home Sales Up in January

by Phil Hall | Feb 14, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales activity recorded over Canadian MLS Systems in January was up by 3.7% from the previous month, according to the latest data from the Canadian Real Estate Association (CREA). The actual (not seasonally adjusted) monthly activity came in 22% above January...
RE/MAX Co-Founder Dave Liniger to Release New Book ‘The Perfect 10’

RE/MAX Co-Founder Dave Liniger to Release New Book ‘The Perfect 10’

by Phil Hall | Feb 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Dave Liniger, co-founder of the RE/MAX (NASDAQ:RMAX) real estate franchise RE/MAX, is releasing his new book “The Perfect 10” on March 26. Published by Forefront Books, “The Perfect 10” is being promoted as “a practical guide for aspiring entrepreneurs, drawing from...
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