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Pending Home Sales Up by 8.3%

Pending Home Sales Up by 8.3%

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

Pending home sales in December recorded an 8.3% spike, according to data from the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s forward-looking indicator of home sales based on contract signings – increased to 77.3 in December....
Three Settlements Reached in ‘Pocket Listing’ Lawsuit

Three Settlements Reached in ‘Pocket Listing’ Lawsuit

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

The so-called “pocket listing” lawsuit involving the PLS against three regional listing services has been resolved, although litigation by PLS against the National Association of Realtors (NAR) is still pending. Reuters reported lawyers for PLS reached out-of-court...
FHLB Cincinnati Adds $3.9 Million to Disaster Reconstruction Program

FHLB Cincinnati Adds $3.9 Million to Disaster Reconstruction Program

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

The Federal Home Loan Bank of Cincinnati’s Disaster Reconstruction Program (DRP) has been replenished with an additional $3.9 million, bringing the total funding currently available to $5 million. The initial $5 million voluntary fund was created in March 2012...
Jones Walker Hires Real Estate-Focused Attorney Chris Wootten as a Partner

Jones Walker Hires Real Estate-Focused Attorney Chris Wootten as a Partner

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

The law firm Jones Walker LLP announced that real estate-focused attorney Chris Wootten has joined the firm as a partner in the Tax Practice Group of its New Orleans office. Wootten’s practice involves individual and institutional investors, commercial lenders,...
RentRedi Expands Management Platform for Nontraditional Rental Properties

RentRedi Expands Management Platform for Nontraditional Rental Properties

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

RentRedi, a property management software provider, has added new features to its platform to benefit landlords of nontraditional rental properties. According to the New York City-based company, the features expand management capabilities for those who engage in house...
Tech Trends: Create More Meaningful Email Campaigns

Tech Trends: Create More Meaningful Email Campaigns

by Tony Garritano | Jan 25, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, Tech Trends, WRE News Exclusive

Tech Trends: No one technology solves all problems. It would be great if you could use one tool to do everything, but it’s just not possible. Technology like Customer Relationship Management or CRM offerings do a lot, but refining your email marketing strategy is one...
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