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NAR: Q1 Home Prices Up in 83% of Metro Markets

NAR: Q1 Home Prices Up in 83% of Metro Markets

by Phil Hall | May 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family existing home sales prices were up in 83% of metro markets (189 out of 228) during the first quarter, according to data from the National Association of Realtors (NAR), which also found 11% of the tracked metro areas recorded double-digit price gains,...
Q1 Home Equity Levels Down Slightly

Q1 Home Equity Levels Down Slightly

by Phil Hall | May 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from ATTOM has found 46.2% of mortgaged residential properties were considered equity-rich in the first quarter, down from 47.7% in the fourth quarter of 2024. However, the rate is also nearly double what it was in the first quarter of 2020, prior to...
3D Home Printing Exec Joins Habitat for Humanity Board

3D Home Printing Exec Joins Habitat for Humanity Board

by Rick Grant | May 8, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Habitat for Humanity of Long Island has asked 26-year-old Kristen Henry to sit on its board of directors.  Henry is the chief technology officer at SQ4D, a pioneering construction technology engaged in producing 3D printed, full-scale concrete homes. At 22, she became...
Redfin Investor Sues to Halt Acquisition by Rocket Companies

Redfin Investor Sues to Halt Acquisition by Rocket Companies

by Phil Hall | May 8, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

An investor in Redfin (NASDAQ: RDFN) has filed a lawsuit to stop its $1.75 billion sale to Rocket Companies (NYSE: RKT). The Real Deal reports investor Bruce Miller is suing the company and its board of directors, including CEO Glenn Kelman, alleging they failed to...
Washington State Rent Cap Bill Signed into Law

Washington State Rent Cap Bill Signed into Law

by Phil Hall | May 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Washington Gov. Bob Ferguson signed a bill into law that imposes rent caps on the state’s  landlords. House Bill 1217 limits rent increases for existing tenants in Washington state to 7% plus inflation or 10%, whichever is lower, and it also limits rent...
Tim Dieffenbacher Named CFO at Keller Williams

Tim Dieffenbacher Named CFO at Keller Williams

by Phil Hall | May 8, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Keller Williams Realty LLC has announced the appointment of Tim Dieffenbacher as chief financial officer (CFO). Dieffenbacher coms to Keller Williams from FrontView REIT, where he was CFO. Prior to that, he held the titles of senior vice president, chief accounting...
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