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Diana Whitmire Named Chief Operations Officer at Diamond Residential Mortgage Corp.

Diana Whitmire Named Chief Operations Officer at Diamond Residential Mortgage Corp.

by Phil Hall | Nov 27, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Lake Forest, Illinois-based Diamond Residential Mortgage Corp. (DRMC) has promoted Diana Whitmire to chief operations officer. Whitmire has been with DRMC since its inception in 2009 and has served as senior vice president of compliance and quality control since 2021....
Pending Home Sales Up for Third Straight Month

Pending Home Sales Up for Third Straight Month

by Phil Hall | Nov 27, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, Uncategorized, WRE News Exclusive

Pending home sales during October marked the third consecutive month of upward movement, according to data from the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s indicator of home sales based on contract signings, rose by 2.0%...
Mortgage Application Activity Rises by 6.3%

Mortgage Application Activity Rises by 6.3%

by Phil Hall | Nov 27, 2024 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were on the rise in new data from the Mortgage Bankers Association (MBA) covering the week ending Nov. 22. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 6.3% on a seasonally adjusted basis from one...
Sterling Organization Sells Charlotte-Area Retail Center for $70 Million

Sterling Organization Sells Charlotte-Area Retail Center for $70 Million

by Phil Hall | Nov 27, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Sterling Organization, a private equity real estate investment firm focused on retail property assets, announced the $70 million sale of Windsor Square in the Charlotte suburb of Matthews, North Carolina. The 661,156-square-foot retail center was completed in 1987 and...
Lovett Industrial Breaks Ground on 27-Acre Texas Business Park

Lovett Industrial Breaks Ground on 27-Acre Texas Business Park

by Phil Hall | Nov 27, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Lovett Industrial, a Houston-based real estate investment firm, announced the recent groundbreaking of 121 Logistics Park, a 27-acre urban infill development consisting of 339,280 square feet across two Class A logistics facilities in Coppell and Lewisville, Texas....
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