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Mortgage Rates Up Sharply

Mortgage Rates Up Sharply

by Phil Hall | Oct 10, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates soared in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.32% as of Oct. 10, up from last week when it averaged 6.12%. A year ago at this time, it averaged 7.57%. The 15-year...
Foreclosure Activity Down in Q3

Foreclosure Activity Down in Q3

by Phil Hall | Oct 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 87,108 residential properties carried foreclosure filings during the third quarter of this year, according to new data from ATTOM. This is down 2% from the previous quarter and down 13% from one year ago. Nationwide one in every 1,618 housing units had a...
Toll Brothers Announces New Community in Michigan

Toll Brothers Announces New Community in Michigan

by Phil Hall | Oct 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Toll Brothers Inc. (NYSE:TOL) announced its newest community, Toll Brothers at The Reserve at Crystal Lake, is coming soon to Commerce Township, Michigan. The new community will feature waterfront living surrounding 40-acre Crystal Lake and the...
California’s Prime Real Estate Team Joins eXp Realty’s Network

California’s Prime Real Estate Team Joins eXp Realty’s Network

by Phil Hall | Oct 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

eXp Realty, a subsidiary of eXp World Holdings Inc. (Nasdaq: EXPI), announced the addition of the Prime Real Estate Team, led by Robert and Angelica Yost, to its network. After operating for seven years with Side, the Prime Real Estate team – with 21 agents covering...
VirtuTour Labs Seeks Partnerships with Luxury Real Estate Agents

VirtuTour Labs Seeks Partnerships with Luxury Real Estate Agents

by Phil Hall | Oct 10, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

VirtuTour Labs, a new business unit of VRComfort Labs Inc. is looking to establish strategic and/or equity partnerships with a limited number of US and international luxury home real estate agents. The company said it would offer its new partners exclusive...
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