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Q3 Home Seller Profit Margins Down Slightly

Q3 Home Seller Profit Margins Down Slightly

by Phil Hall | Oct 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners earned a 55.6% profit margin on typical single-family home and condo sales during the third quarter, according to new data from ATTOM. This represented a one percentage point dip from the second quarter and a two point-drop from the third quarter of last...
Report: The City with the Most Mortgage Delinquency Is…

Report: The City with the Most Mortgage Delinquency Is…

by Phil Hall | Oct 17, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

If you walked out in the streets of Laredo, you’ll have a better-than-average chance of encountering someone dealing with mortgage delinquency. According to WalletHub’s new report on the Cities with the Highest Mortgage Delinquency Rates, the Texas city ranked...
Sienna Senior Living Acquires Four-Property Portfolio in Alberta

Sienna Senior Living Acquires Four-Property Portfolio in Alberta

by Phil Hall | Oct 17, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Markham, Ontario-headquartered Sienna Senior Living Inc. (TSX: SIA) has entered into an agreement to acquire a portfolio of four continuing care homes in Alberta for $181.6 million. The portfolio consists of Airdrie Care Community in Airdrie, Shasta Care Community in...
Fairway Mortgage Corp. Settles Redlining Charges, Accusing Feds of Politically Motivated Probe

Fairway Mortgage Corp. Settles Redlining Charges, Accusing Feds of Politically Motivated Probe

by Phil Hall | Oct 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Madison, Wisconsin-based Fairway Mortgage Corporation has agreed to a nearly $10 million settlement of redlining charges brought by the Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB), with the company claiming the probe into its...
Kevin Cawley Named Chief Technology Officer at Legacy Group Capital

Kevin Cawley Named Chief Technology Officer at Legacy Group Capital

by Phil Hall | Oct 17, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Legacy Group Capital, the Bellevue, Washington-headquartered real estate firm focused on community-based engagement in private lending and real estate investing, announced the appointment of Kevin Cawley as chief technology officer. Cawley comes to Legacy through its...
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