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Report: Nearly Half of Mortgaged Homeowners Are Equity-Rich

Report: Nearly Half of Mortgaged Homeowners Are Equity-Rich

by Phil Hall | Oct 24, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half (48.3%) of mortgaged residential properties were considered equity-rich in the third quarter, according to new data report from ATTOM. This is down from the recent peak of 49.2% in the second quarter but also up from 47.4% from one year earlier....
BSI Financial Services Debuts Tool to Predict Refinancing by Borrowers

BSI Financial Services Debuts Tool to Predict Refinancing by Borrowers

by Phil Hall | Oct 24, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

BSI Financial Services, an Irving, Texas-headquartered mortgage fintech platform, has launched Portfolio Guardian, an artificial intelligence (AI)-driven predictor model designed to calculate the likelihood of whether a borrower will refinance their mortgage within...
New Partnership to Build Sustainable Boutique Hotels in North America

New Partnership to Build Sustainable Boutique Hotels in North America

by Phil Hall | Oct 24, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, WRE News Exclusive

Arthrotó, a provider of sustainable prefabricated building solutions in Canada, has partnered with Switzerland’s Riva Hospitality Group to develop eco-friendly boutique hotels and resorts in the US and Canada. Arthrotó has committed to constructing hotels that...
New Charges Against Husband of Missing Texas Realtor

New Charges Against Husband of Missing Texas Realtor

by Phil Hall | Oct 23, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The husband of a Texas realtor who disappeared two weeks ago is facing new felony charges while one of his business associates has been charged in her vanishing. The San Antonio Current reported Brad Simpson, the husband of missing Olmos Park realtor Suzanne Clark...
Florida Home Sales Dip While Prices Hold Steady

Florida Home Sales Dip While Prices Hold Steady

by Phil Hall | Oct 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed sales of existing single-family homes in Florida totaled 18,721, down 12.3% year-over-year, while existing condo-townhouse sales totaled 6,655, down 20.7% year-over-year, according to data from Florida Realtors. The statewide median sales price for...
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