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Zillow Promotes Jeremy Wacksman to CEO

Zillow Promotes Jeremy Wacksman to CEO

by Phil Hall | Aug 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Zillow Group, Inc. (NASDAQ: Z, ZG) has promoted Chief Operating Officer Jeremy Wacksman to CEO and appointed him to its board of directors. Wacksman joined Zillow from Microsoft in 2009 and held multiple positions including product leader and chief marketing officer...
Ryan Serhant: ‘Real Estate is an Inherently Sexy Thing to Watch’

Ryan Serhant: ‘Real Estate is an Inherently Sexy Thing to Watch’

by Phil Hall | Aug 7, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The words “real estate” and “sexy” aren’t often paired in a sentence, but Ryan Serhant insists the sexy aspect of the profession has fueled the popularity of reality television series focused on home selling. Serhant is the CEO of the luxury brokerage SERHANT and has...
Bill Giambrone, co-founder of Platinum Home Mortgage, Dies at 60

Bill Giambrone, co-founder of Platinum Home Mortgage, Dies at 60

by Phil Hall | Aug 6, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Bill Giambrone, the co-founder of Platinum Home Mortgage Corp. and the Community Home Lenders Association (CHLA), passed away on Aug. 5 at the age of 60. Giambrone teamed with his brother Michael Giambrone to create Platinum Home Mortgage in 1993. Thirty years later,...
NYC’s ‘Worst Landlord’ Faces Return to Prison for Not Repairing Properties

NYC’s ‘Worst Landlord’ Faces Return to Prison for Not Repairing Properties

by Phil Hall | Aug 6, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A Manhattan landlord who holds the notorious distinction as topping the “worst landlord” list published by the New York City Public Advocate could be going back to prison for failing to make hundreds of court-ordered repairs at the two apartment buildings he owns....
Survey: One in Five Buyers Willing to Sacrifice Safety for Affordable Home

Survey: One in Five Buyers Willing to Sacrifice Safety for Affordable Home

by Phil Hall | Aug 5, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly one in every five (17.3%) house hunters are willing to sacrifice their physical safety to find a home they can afford within the next year, according to a new survey of 3,000 homeowners and renters from Redfin (NASDAQ:RDFN). Among age demographics, nearly one...
Report: GSEs Planning Tougher Rules on Multifamily Lenders

Report: GSEs Planning Tougher Rules on Multifamily Lenders

by Phil Hall | Aug 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The government-sponsored enterprises (GSEs) Fannie Mae (OTCMKTS: FNMA) and Freddie Mac (OTCMKTS: FMCC) are reportedly preparing tougher rules for multifamily property lenders and brokers. According to a Wall Street Journal report sourced from unnamed “people familiar...
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