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Redfin: Housing Affordability Improved Slightly in 2024

Redfin: Housing Affordability Improved Slightly in 2024

by Phil Hall | Jan 6, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from Redfin (NASDAQ: RDFN) has determined housing affordability did not worsen in 2024, which marked the first time in four years that homebuyers enjoyed a slight break from accelerating prices. Redfin stated a household making the $83,782 median...
The Appraisal Foundation and Farm Credit System Launch Rural Appraisal Practicum Model

The Appraisal Foundation and Farm Credit System Launch Rural Appraisal Practicum Model

by Phil Hall | Jan 6, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Appraisal Foundation has partnered with the Farm Credit System to create a Rural Appraisal Practicum Model, a new framework designed to address the challenges facing aspiring rural appraisers. According to the organizations, the initiative will create a...
Saudi Arabia to Create Securitization Market for RMBS

Saudi Arabia to Create Securitization Market for RMBS

by Phil Hall | Jan 6, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Saudi Arabia will become the first Persian Gulf nation to establish a securitization market for residential mortgage-backed securities (RMBS). The Public Investment Fund’s Saudi Real Estate Refinance Co. is partnering with Hassana Investment Co., a government pension...
Michael S. Barr Steps Down as Federal Reserve’s Vice Chairman for Supervision

Michael S. Barr Steps Down as Federal Reserve’s Vice Chairman for Supervision

by Phil Hall | Jan 6, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Michael S. Barr has announced his resignation as Federal Reserve Board Vice Chairman for Supervision, effective Feb. 28. Barr, who served as vice chairman for supervision since July 19, 2022, will continue will to serve as a member of the Federal Reserve Board of...
Justin Trudeau Resigns as Canada’s Prime Minister

Justin Trudeau Resigns as Canada’s Prime Minister

by Phil Hall | Jan 6, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Justin Trudeau has announced his resignation as Canada’s 23rd prime minister. Trudeau, who is also the leader of the Liberal Party, has served as prime minister since November 2015; his father, Pierre Trudeau, 15th prime minister of Canada from 1968 to 1979 and from...
A Phil Hall Op-Ed: Five Questions for the Trump Team

A Phil Hall Op-Ed: Five Questions for the Trump Team

by Phil Hall | Jan 6, 2025 | A Phil Hall Op-Ed, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Two weeks from today, Donald Trump will return to the White House. During last year’s presidential campaign, Trump offered next to nothing – okay, he offered nothing – regarding how he would address some of the major issues impacting housing policy....
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