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Builder Confidence Grows Increasingly Pessimistic

Builder Confidence Grows Increasingly Pessimistic

by Phil Hall | Oct 19, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes in October fell four points to 40 from a downwardly revised September reading, according to the Housing Market Index (HMI) data from the National Association of Home Builders (NAHB) and Wells Fargo...
Existing Homes Sales Down During September

Existing Homes Sales Down During September

by Phil Hall | Oct 19, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Total existing home sales during September declined by 2% from August to a seasonally adjusted annual rate of 3.96 million, according to new data from the National Association of Realtors (NAR). On a year-over-year basis, sales dropped 15.4% from the 4.68 million...
Fox News’ Bret Baier Lists His Washington Mansion at $31.9 Million

Fox News’ Bret Baier Lists His Washington Mansion at $31.9 Million

by Phil Hall | Oct 19, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fox News anchor Bret Baier is seeking to break a record for the Washington, D.C., housing market through the sale of his mansion, which he has listed for $31.9 million. According to a Wall Street Journal report, Baier and his wife Amy Baier acquired the 1.5-acre...
Tech Trends: Plunk Enables You to Look at Residential Real Estate in a Whole New Way

Tech Trends: Plunk Enables You to Look at Residential Real Estate in a Whole New Way

by Tony Garritano | Oct 19, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

The residential real estate market is still a very local business, but why can’t the local Realtor or broker be armed with both national and hyper-local data to help them become the local expert that they need to be to grow in a very tough market? Plunk...
Architect Billings in Significant Decline During September

Architect Billings in Significant Decline During September

by Phil Hall | Oct 18, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Business conditions at architecture firms deteriorated in September, according to the American Institute of Architects (AIA)/Deltek Architecture Billings Index (ABI). Last month, the ABI score was 44.8, the lowest score reported December 2020 during the height of the...
ACI Worldwide in $20 Million Settlement Over Mortgage Payment Mishap

ACI Worldwide in $20 Million Settlement Over Mortgage Payment Mishap

by Phil Hall | Oct 18, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A coalition of attorneys general from 50 states and territories announced a $20 million settlement with payment processor ACI Worldwide related to a 2021 testing error that created the unauthorized withdrawal of $2.3 billion from customers of Nationstar Mortgage (also...
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