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Team Led by ‘Bachelor’ Star and Ex-Cop Joins The Real Brokerage

Team Led by ‘Bachelor’ Star and Ex-Cop Joins The Real Brokerage

by Phil Hall | Nov 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Seattle-area brokerage created by a former reality television star and an ex-police officer has joined The Real Brokerage (NASDAQ: REAX). Kirkland, Washington-based MDG Residential is led by Jason Mesnick, who starred on the thirteenth season of the ABC series “The...
Will 2024 Be the Year of Affordable Homeownership?

Will 2024 Be the Year of Affordable Homeownership?

by Phil Hall | Nov 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Next year could see a new wave of homeowner affordability, according to the 2024 Housing Forecast released by Realtor.com. Realtor.com is forecasting average mortgage rates of 6.8% in 2024, with rates edging down over the year to reach 6.5% by the end of the year....
Revela Raises $9 Million in Series A Funding

Revela Raises $9 Million in Series A Funding

by Phil Hall | Nov 29, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Revela, a Detroit-headquartered property management software provider, has raised a $9 million Series A funding round. This marks Revela’s inaugural fundraising initiative since its founding. The company said the newly-raised funds will be used to strengthen...
Mortgage Application Activity Rises Slightly

Mortgage Application Activity Rises Slightly

by Phil Hall | Nov 29, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity inched up during the week ending Nov. 24, according to data from the Mortgage Bankers Association (MBA). The week’s results included an adjustment for the Thanksgiving holiday. The Market Composite Index, the MBA’s measure of mortgage...
FHFA Increases Conforming Loan Limits Values for 2024

FHFA Increases Conforming Loan Limits Values for 2024

by Phil Hall | Nov 28, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) announced the conforming loan limit values for the mortgages on one-unit properties that Fannie Mae and Freddie Mac will acquire in 2024 will be $766,550, an increase of $40,350 from 2023. The FHFA adjusted the loan limit...
Charlie Munger, Vice Chairman of Berkshire Hathaway, Dies at 99

Charlie Munger, Vice Chairman of Berkshire Hathaway, Dies at 99

by Phil Hall | Nov 28, 2023 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Charlie Munger, vice chairman of Berkshire Hathaway (NYSE:BRK.A) and the closest partner to the company’s founder and leader, Warren Buffett, passed away at the age of 99. Charles Thomas Munger was born on Jan. 1, 1924, in Omaha, Nebraska. During his teen years, he...
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