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New Single-Family Home Sales Sank in January

New Single-Family Home Sales Sank in January

by Phil Hall | Feb 26, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses during January were at a seasonally adjusted annual rate of 657,000, according to estimates published by the US Census Bureau and the Department of Housing and Urban Development. January’s sales activity was 10.5% below the revised...
Missouri Woman Pleads Guilty to Graceland Foreclosure Scheme

Missouri Woman Pleads Guilty to Graceland Foreclosure Scheme

by Phil Hall | Feb 26, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A Missouri woman pleaded guilty to a charge of mail fraud connected to a cockamamie scheme that attempted to claim ownership of Elvis Presley’s Graceland estate and sell it in a foreclosure auction. Lisa Jeanine Findley, who was arrested last August, entered her...
Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community

Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community

by Phil Hall | Feb 26, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Flournoy Development Group has announced the groundbreaking of District South, its newest luxury mixed-use community in Greenville, South Carolina. District South will be located on a 21-acre site and will feature 365 multifamily units, 90 for-rent townhomes, six...
Mortgage Application Activity Slows Down

Mortgage Application Activity Slows Down

by Phil Hall | Feb 26, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slipped during the week ending Feb. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.2% on a seasonally adjusted basis from...
Georgia Home Sales Up 2% from Last Year

Georgia Home Sales Up 2% from Last Year

by Phil Hall | Feb 26, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 7,158 home sales were transacted in Georgia during January, up 2% from one year earlier, while pending sales decreased 15% over the same period to 8,276 deals. According to data from the Georgia Association of Realtors, the state’s January inventory levels...
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