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Survey: One-Third of Homeowners Insist They Will Never Sell Their Home

Survey: One-Third of Homeowners Insist They Will Never Sell Their Home

by Phil Hall | Jan 7, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey from Redfin (NASDAQ: RDFN) has determined that roughly one-third (34%) of homeowners claim they will never sell their home, while another 27% say they wouldn’t consider selling for at least 10 years. A recent Redfin analysis found that just 25 of every...
Fannie Mae’s Home Purchase Sentiment Index Closed 2024 in Decline

Fannie Mae’s Home Purchase Sentiment Index Closed 2024 in Decline

by Phil Hall | Jan 7, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI) ended 2024 in decline, with a 1.9-point drop in December to 73.1. However, the HPSI is up 5.9 points compared to this time last year. The new HPSI survey found the percentage of respondents who say it...
Ex-Quarterback Colt McCoy to Launch HPI’s New Fort Worth Office

Ex-Quarterback Colt McCoy to Launch HPI’s New Fort Worth Office

by Phil Hall | Jan 7, 2025 | Commercial Real Estate News, Industry Updates, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

HPI, a Texas-based full-service real estate firm, announced former University of Texas and NFL quarterback Colt McCoy will launch the company’s new Fort Worth office. McCoy played college football for the Texas Longhorns, winning several awards and honors as a senior...
CFPB Finalizes Rule to Remove Medical Bills from Credit Reports

CFPB Finalizes Rule to Remove Medical Bills from Credit Reports

by Phil Hall | Jan 7, 2025 | Industry Updates, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) finalized a rule that will remove medical bills from the credit reports. The CFPB’s new rule amends Regulation V, which implements the Fair Credit Reporting Act (FCRA), to stop from including medical bills on credit...
Freddie Mac Names James Whitlinger as EVP and CFO

Freddie Mac Names James Whitlinger as EVP and CFO

by Phil Hall | Jan 7, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) has promoted James Whitlinger to executive vice president and chief financial officer (CFO). Whitlinger previously served as Freddie Mac’s senior vice president and single-family CFO since 2014. He has served as interim CFO since June of...
Developer Apologizes for Demolishing Sydney Childhood Home of AC/DC Founders

Developer Apologizes for Demolishing Sydney Childhood Home of AC/DC Founders

by Phil Hall | Jan 7, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A real estate developer has apologized for the demolition of the Sydney residence that was the childhood home of AC/DC founders Malcolm and Angus Young, claiming it was unaware of its importance in Australia’s music history. News.com.au reports the residence at...
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