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Homeowners Staying Longer in Their Houses

Homeowners Staying Longer in Their Houses

by Phil Hall | Feb 14, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Prospective buyers in the market for an existing home are finding themselves in an environment where more homeowners are not eager to move out. The typical U.S. homeowner has spent 11.9 years in their home, up from 6.5 years two decades ago, according to new data from...
Canadian Home Sales Up in January

Canadian Home Sales Up in January

by Phil Hall | Feb 14, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales activity recorded over Canadian MLS Systems in January was up by 3.7% from the previous month, according to the latest data from the Canadian Real Estate Association (CREA). The actual (not seasonally adjusted) monthly activity came in 22% above January...
RE/MAX Co-Founder Dave Liniger to Release New Book ‘The Perfect 10’

RE/MAX Co-Founder Dave Liniger to Release New Book ‘The Perfect 10’

by Phil Hall | Feb 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Dave Liniger, co-founder of the RE/MAX (NASDAQ:RMAX) real estate franchise RE/MAX, is releasing his new book “The Perfect 10” on March 26. Published by Forefront Books, “The Perfect 10” is being promoted as “a practical guide for aspiring entrepreneurs, drawing from...
Sound Capital Recruits Andrew Platt as Senior Managing Director

Sound Capital Recruits Andrew Platt as Senior Managing Director

by Phil Hall | Feb 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Bellevue, Washington-based Sound Capital, a lender specializing in construction loans for midsized home builders focused on single-family homes and suburban developments in high growth areas, announced the appointment of Andrew Platt as senior managing director. In...
MBA Chief Broeksmit Voices Concerns and Criticism Over Biden Housing Policies

MBA Chief Broeksmit Voices Concerns and Criticism Over Biden Housing Policies

by Phil Hall | Feb 13, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit took the Biden administration to task for housing policies that he considered unwise and onerous. In remarks delivered today before the MBA’s 2024 Commercial/Multifamily Convention and Expo,...
Marriott in $500 Million Deal for Sheraton Grand Chicago

Marriott in $500 Million Deal for Sheraton Grand Chicago

by Phil Hall | Feb 13, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Marriott International (NASDAQ:MAR) is paying $500 million to acquire the 1,218-room Sheraton Grand Chicago Riverwalk hotel, one of the city’s biggest lodging properties. According to a report in The Real Deal, the $300 million portion of the sale was first agreed...
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