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Reverse Mortgage Pitchman Tom Selleck Fears Losing Ranch with Series’ End

Reverse Mortgage Pitchman Tom Selleck Fears Losing Ranch with Series’ End

by Phil Hall | May 7, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Actor Tom Selleck has a confession to make – the star of “Blue Bloods” is concerned over whether he can afford to keep his California ranch after his CBS series goes off the air later this year. In an interview with CBS News, Selleck questioned whether he would have...
Redfin Announces $9.25 Million Settlement Over Commissions Lawsuits

Redfin Announces $9.25 Million Settlement Over Commissions Lawsuits

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

The Seattle-headquartered Redfin (NASDAQ:RDFN) has become the latest brokerage to announce a settlement of lawsuits related to claims of inflated broker commissions – in this case, a $9.25 million agreement. The company agreed to the settlement on Friday and disclosed...
Former Tesla Executive Joins Leadership Ranks at American Revitalization Company

Former Tesla Executive Joins Leadership Ranks at American Revitalization Company

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

American Revitalization Company (ARC), a Nashville-based real estate and business development company committed to preserving historic properties, has named former Tesla (NASDAQ:TSLA) executive Greg White as president of manufacturing operations. In his new role,...
U.S. Real Estate Fencing Market Forecast to Reach $14.1 Billion by 2032

U.S. Real Estate Fencing Market Forecast to Reach $14.1 Billion by 2032

by Phil Hall | May 6, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The market for fencing around U.S. residential and commercial properties is projected to grow from $8.8 billion in 2023 to $14.1 billion by 2032, according to a new forecast from DataHorizzon. The anticipated growth will total a compound annual growth rate of 5.3%....
Capitol Hill Lawmakers Create Bipartisan Congressional Real Estate Caucus

Capitol Hill Lawmakers Create Bipartisan Congressional Real Estate Caucus

by Phil Hall | May 6, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Four congressional lawmakers – Reps. Mark Alford (R-MO), J. Luis Correa (D-CA), Tracey Mann (R-KAN) and Brittany Pettersen (D-CO) – have partnered to launch the Bipartisan Congressional Real Estate Caucus. In launching the caucus, the lawmakers noted that real estate...
Shawn Malhotra Joins Rocket Companies as Chief Technology Officer

Shawn Malhotra Joins Rocket Companies as Chief Technology Officer

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

Rocket Companies (NYSE: RKT), the Detroit-based parent company of Rocket Mortgage, has hired Shawn Malhotra as its first group chief technology officer. In his new role, Malhotra will oversee the development and implementation of technology across the entire Rocket...
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