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Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019

Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019

by Phil Hall | Jun 5, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of homes for sale has topped 1 million for the first time since Winter of 2019, according to data from Realtor.com. However, only metros in the South or West have fully returned to pre-pandemic inventory levels. All 50 of the largest metro areas posted...
Report: Fewer Home Purchase Loans During Q1

Report: Fewer Home Purchase Loans During Q1

by Phil Hall | Jun 5, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from ATTOM showed that 1.4 million mortgages were secured by residential properties during the first quarter, a 14% drop from the previous quarter. The first quarter’s decline was attributed to a 20% drop in home purchase loans, which shrank from 738,675 in...
Maryland Man Sentenced for Role in Attempted Fraudulent Sale of Property

Maryland Man Sentenced for Role in Attempted Fraudulent Sale of Property

by Phil Hall | Jun 5, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A Maryland man was sentenced to 15 months in federal prison for his role in trying to sell a parcel without the knowledge of the owner. Duane Dixon Jr. was found guilty last January of conspiracy to commit wire fraud and three counts of wire fraud. Dixon was part of a...
Fund Manager APS Buys $3.4 Million in Tokenized Real Estate on MetaWealth Platform

Fund Manager APS Buys $3.4 Million in Tokenized Real Estate on MetaWealth Platform

by Phil Hall | Jun 5, 2025 | Current News & Events, International Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

The British-headquartered fund manager APS Group has become the first institutional investor to directly acquire tokenized real estate assets through the MetaWealth blockchain-based investment platform. Cointelegraph reports APS purchased $3.4 million in tokenized...
Tiffany Stanley Named Chief Operating Officer at Maxx Properties

Tiffany Stanley Named Chief Operating Officer at Maxx Properties

by Phil Hall | Jun 5, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Maxx Properties, a Purchase, New York-based company that owns and manages apartment communities in seven states, announced the appointment of Tiffany Stanley as chief operating officer. In her new job, Stanley will lead all revenue, expense, operations and capital...
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