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Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages

Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages

by Phil Hall | Nov 2, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly half (47.4%) of mortgaged U.S. residential properties were considered equity-rich in the third quarter, according to new data from ATTOM – down from 49.2% in the second quarter, which is the largest quarterly decline in four years. The share is also down...
Edson Awards Honors Affordable Housing Initiatives

Edson Awards Honors Affordable Housing Initiatives

by Phil Hall | Nov 2, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Affordable Housing Tax Credit Coalition (AHTCC) announced the winners of its 2023 Charles L. Edson Tax Credit Excellence Awards, which celebrate affordable housing initiatives and the organizations providing the most impactful use of the Low-Income Housing Tax...
Julia Roberts Sells Her San Francisco Mansion

Julia Roberts Sells Her San Francisco Mansion

by Phil Hall | Nov 1, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Actress Julia Roberts has sold her San Francisco mansion less than two weeks after putting it on the market. Realtor.com reported the five-level property in the city’s Presidio Heights neighborhood was acquired by the Oscar-winner in January 2020 for $8.3 million. The...
Green Street Acquires Britain’s Local Data Company

Green Street Acquires Britain’s Local Data Company

by Phil Hall | Nov 1, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Green Street, a provider of commercial real estate intelligence and analytics in the U.S. and Europe, has acquired Local Data Company (LDC), a London-based provider of proprietary data and insights on Great Britain’s retail and leisure market. LDC is the only company...
Accurate Group Acquires Voxtur Appraisal Services

Accurate Group Acquires Voxtur Appraisal Services

by Phil Hall | Nov 1, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Accurate Group, a Cleveland-headquartered provider of technology-driven real estate appraisal, title data, analytics, and e-closing solutions, has acquired Voxtur Appraisal Services LLC, an appraisal management company (AMC) serving real estate finance providers. The...
Federal Reserve Holds Rates Steady

Federal Reserve Holds Rates Steady

by Phil Hall | Nov 1, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve kept its finger on the pause button and opted against a new rate hike. The central bank’s policymaking Federal Open Market Committee unanimously approved this decision. In a statement, the Committee said it would maintain the target range of the...
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