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January Foreclosure Activity Up 8% Month-Over-Month

January Foreclosure Activity Up 8% Month-Over-Month

by Phil Hall | Feb 11, 2025 | A Phil Hall Op-Ed, Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 30,816 residential properties carried foreclosure filings in January, according to new data from ATTOM. This is up 8% from December and down 7% from January 2024. Nationwide, one in every 4,618 housing units had a foreclosure filing last month. The states...
Honolulu Real Estate Developer Indicted for Illegal Campaign Contributions

Honolulu Real Estate Developer Indicted for Illegal Campaign Contributions

by Phil Hall | Feb 11, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A Honolulu real estate developer was indicted for illegal political campaign contributions. Timothy Lee, CEO of JL Capital,48, was indicted by the Oahu Grand Jury and charged with nine counts of False Name Contribution that occurred in 2020. According to the...
Mid-Atlantic Home Sales Up in January

Mid-Atlantic Home Sales Up in January

by Phil Hall | Feb 11, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Mid-Atlantic region recorded a total of 13,117 transactions closed in January, up 8.5% increase from one year earlier, while the total of 14,971 new pending sales in January was down 5.2% from one year ago, according to data from Bright MLS. Showing activity was...
Century 21 Real Estate in Partnership with Major League Soccer

Century 21 Real Estate in Partnership with Major League Soccer

by Phil Hall | Feb 11, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Century 21 Real Estate LLC, a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), has announced a new multiyear partnership with Major League Soccer (MLS). In this partnership, Century 21 will serve as the Official Real Estate Services Partner of MLS, the MLS...
JPI Taps Jay Parsons as Economic Advisor

JPI Taps Jay Parsons as Economic Advisor

by Phil Hall | Feb 11, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Dallas-based apartment developer JPI has hired Jay Parsons as an economic advisor. Parsons is the head of investment strategy at Madera Residential in Lubbock, Texas – he will retain that job and work with JPI on a part-time basis. Parsons also hosts The Rent Roll...
4 FEMA Workers Fired for Unauthorized Payment of $59 Million to NYC Hotel Housing Migrants

4 FEMA Workers Fired for Unauthorized Payment of $59 Million to NYC Hotel Housing Migrants

by Phil Hall | Feb 11, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Department of Homeland Security (DHS) has fired four employees of the Federal Emergency Management Agency (FEMA) for making an unauthorized transfer of $59 million to New York City hotels housing illegal immigrants. DHS released a statement to Fox News announcing...
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