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New Partnership Seeks to Create Thousands of Rental Housing Units

New Partnership Seeks to Create Thousands of Rental Housing Units

by Phil Hall | Oct 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Azora, a Spain-based global investment firm, and the Miami-based real estate investment and management corporation Advenir announced a new strategic partnership aimed at creating thousands of attainable rental housing units in key US markets. The deal creates a new,...
New California Lawsuit Challenges Residential Development Fees

New California Lawsuit Challenges Residential Development Fees

by Phil Hall | Oct 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Californians for Homeownership, a nonprofit organization sponsored by the California Association of Realtors (CAR), has joined with the California Housing Defense Fund in a lawsuit challenging new residential development fees adopted by the City of Los Altos. The fees...
Mortgage Rates Record Uptick

Mortgage Rates Record Uptick

by Phil Hall | Oct 3, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates inched up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.12% as of Oct. 3, up from last week when it averaged 6.08%. A year ago at this time, it averaged 7.49%. The 15-year...
Houston Association of Realtors in Data Share Pact with Unlock MLS

Houston Association of Realtors in Data Share Pact with Unlock MLS

by Phil Hall | Oct 3, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The Houston Association of Realtors (HAR) has announced a data share agreement with Unlock MLS in Austin that will enable the associations’ subscribers to access thousands of additional listings across the state of Texas. According to HAR, the agreement provides its...
Toronto Home Sales Up While Prices Drop

Toronto Home Sales Up While Prices Drop

by Phil Hall | Oct 3, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales were up in the Greater Toronto Area (GTA) during September while prices were down, according to new data from the Toronto Regional Real Estate Board (TRREB). A total of 4,996 home sales were recorded through TRREB’s MLS System last month, up 8.5% from the...
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