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The City with the Greatest Debt Delinquency Problem Is…

The City with the Greatest Debt Delinquency Problem Is…

by Phil Hall | Mar 27, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

It would seem that deep in the heart of Texas are a lot of folks who are deep in a financial hole. According to a new data study from WalletHub, Laredo, Texas, is the city with the greatest debt delinquency problem. “Around 14.9% of loans and lines of credit in the...
Joe Rogan Condemns Squatter Policies as ‘Bananas’

Joe Rogan Condemns Squatter Policies as ‘Bananas’

by Phil Hall | Mar 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Joe Rogan has weighed in on the percolating controversy surrounding the increase in squatter activity, stating that local laws designed to protect squatters’ rights were “basically allowing people to steal other people’s homes.” In his Saturday show, the popular...
New Bill Seeks Reparations for Families Evicted for Dodger Stadium’s Construction

New Bill Seeks Reparations for Families Evicted for Dodger Stadium’s Construction

by Phil Hall | Mar 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new bill introduced in the California legislature seeks to provide reparations for 1,800 Los Angeles families that were forcibly evicted from their homes in the area where Dodger Stadium was constructed. According to combined media reports, the mostly...
New Study Finds 282 Banks Carrying High Levels of Commercial Real Estate Exposure

New Study Finds 282 Banks Carrying High Levels of Commercial Real Estate Exposure

by Phil Hall | Mar 26, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An analysis of approximately 4,000 banks by the consultancy Klaros Group has determined that 282 of these institutions carry high levels of commercial real estate exposure and large unrealized losses from the Federal Reserve’s rate hikes. According to a CNBC report,...
Angela Sahi Named President and COO at Morguard Corporation

Angela Sahi Named President and COO at Morguard Corporation

by Phil Hall | Mar 26, 2024 | Industry Updates, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Morguard Corporation (TSX: MRC), a Mississauga, Ontario-headquartered real estate and property management firm, has announced the appointment of Angela Sahi as president and chief operating officer. Sahi was most recently the company’s executive vice president of...
Renting Becomes More Affordable Than Buying in the 50 Largest U.S. Metros

Renting Becomes More Affordable Than Buying in the 50 Largest U.S. Metros

by Phil Hall | Mar 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

It has become more affordable to rent a home than buying a residence in the top 50 U.S. metros, according to the latest Realtor.com Rental Report. During February, the cost of buying a starter home in the top 50 metros was $1,027 (60.1%) higher than renting one – in...
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