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Update: Death Toll in Los Angeles Fires Rises to 24

Update: Death Toll in Los Angeles Fires Rises to 24

by Phil Hall | Jan 13, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The death toll in the Los Angeles County wildfires rose to 24 confirmed deaths as more than 150,000 people were forced to evacuate from blazes that incinerated over 40,000 acres. According to combined media reports, the Palisades Fire, the largest of the five fire...
Georgia Woman Pleads Guilty for Role in 3-Year Mortgage Fraud Scheme

Georgia Woman Pleads Guilty for Role in 3-Year Mortgage Fraud Scheme

by Phil Hall | Jan 13, 2025 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A Georgia woman pleaded guilty pleaded for her role in a three-year scheme resulting in the approval of approximately 450 mortgages based on fabricated documents and false information. According to the charges and other information presented in court, Kimberly Johnson...
Two British Columbia Realtors Fined Over Self-Identification in Social Media Accounts

Two British Columbia Realtors Fined Over Self-Identification in Social Media Accounts

by Phil Hall | Jan 13, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Two British Columbia realtors have been fined by the provincial regulator due to problems in how they identified themselves on their social media accounts. InfoNews.ca reports the BC Financial Services Authority (BCFCA) decisions fined realtors Xin Bo (Angela) Guo...
Structural Demolition Begins on RFK Stadium

Structural Demolition Begins on RFK Stadium

by Phil Hall | Jan 13, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Structural demolition is scheduled to begin today on Robert F. Kennedy (RFK) Memorial Stadium in Washington, DC. Events DC announced the initial demolition will focus on “selective sections of the interior of the stadium and the removal of sections of exterior...
Mortgage Credit Availability Inched Up in December

Mortgage Credit Availability Inched Up in December

by Phil Hall | Jan 13, 2025 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Last year ended with an uptick in mortgage credit availability, according to data from the Mortgage Bankers Association (MBA). In December, the MBA’s Mortgage Credit Availability Index (MCAI) was up by 0.7% to 96.6; the index was benchmarked to 100 in March 2012. The...
New Platform Seeks to Expand Real Estate Investing in South Africa

New Platform Seeks to Expand Real Estate Investing in South Africa

by Phil Hall | Jan 13, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Real Estate Secured Crowd Investments (RESCI) has launched a platform designed to expand property investment in South Africa. According to the company, the new platform is based on en commandite partnerships, a structure that allows investors to become silent partners...
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