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Trump Names Real Estate Developer Steve Witkoff as Special Middle East Envoy

Trump Names Real Estate Developer Steve Witkoff as Special Middle East Envoy

by Phil Hall | Nov 12, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

President-elect Donald Trump announced the appointment of Florida real estate developer Steve Witkoff as his special envoy for the Middle East. Witkoff is the chairman CEO of The Witkoff Group, which he founded in 1997. According to his company’s website, Witkoff led...
Study: Real Estate Commissions Hold Steady in 2 Months Since NAR Settlement

Study: Real Estate Commissions Hold Steady in 2 Months Since NAR Settlement

by Phil Hall | Nov 12, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A new data study has determined the commission rates that real estate agents charge to buyers and sellers has held steady since the National Association of Realtors (NAR) settlement went into effect in August. According to data from AccountTECH, the average commission...
Expanded Listings Helps Fuel Indiana Home Sales

Expanded Listings Helps Fuel Indiana Home Sales

by Phil Hall | Nov 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Indiana generated a total of 6,670 home sales in October, up 5% year-over-year, while the state’s 6,669 pending sales finished 7% ahead of one year earlier. According to data released by the Indiana Association of Realtors, 8,684 homes were listed in October, up...
Jim Henson Studio Lot Sold to John Mayer and McG

Jim Henson Studio Lot Sold to John Mayer and McG

by Phil Hall | Nov 12, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Grammy-winning singer John Mayer and filmmaker McG have teamed up to purchase the historic Jim Henson Company studio property in Hollywood. The Hollywood Reporter announced the sale, although the purchase price was not disclosed. Nor is it certain how Mayer and McG...
JD Power: Customer Satisfaction with Mortgage Lenders is Down

JD Power: Customer Satisfaction with Mortgage Lenders is Down

by Phil Hall | Nov 12, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Consumers are becoming less happy with their mortgage lenders, according to the JD Power 2024 U.S. Mortgage Origination Satisfaction Study. Overall customer satisfaction with mortgage lenders was rated at a 727 level on a 1,000-point scale, down three points from one...
Century 21 Expands Franchise Presence into Greece, India and UAE

Century 21 Expands Franchise Presence into Greece, India and UAE

by Phil Hall | Nov 12, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Century 21 Real Estate LLC, a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), has expanded its brand’s international presence with three new Master Franchise Agreements in Greece, India and the United Arab Emirates (UAE). Antonios Kallas and his sons...
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