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Mortgage Rates Drop Again

Mortgage Rates Drop Again

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

The latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC) found rates in decline. The 30-year fixed-rate mortgage averaged 6.74% as of March 14, down from last week when it averaged 6.88%. A year ago at this time, it averaged 6.60%. The 15-year...
Zillow: New Listings Up 21%

Zillow: New Listings Up 21%

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

Zillow Group (NASDAQ:Z, ZG) reported new listings of existing homes on its platform were up 21% year-over-year in February, which followed a 20% annual uptick in January. Zillow noted new listings were up from one year ago in all of the nation’s 50 largest metros,...
The Best Market for Buying Single-Family Rentals Is…

The Best Market for Buying Single-Family Rentals Is…

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

Investors seeking the best returns in the single-family rental property market will find plenty of opportunities in the Midwest, Northeast and South, according to a new data report from ATTOM. In an analysis of 341 counties, ATTOM found the counties with the highest...
NYC’s Population Continues to Decline

NYC’s Population Continues to Decline

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

The Big Apple is getting smaller, based on new estimates from the U.S. Census Bureau. New York City’s population lost nearly 78,000 residents in 2023, according to a report in the New York Times. The year before, more than 126,000 residents moved out. Between April...
Angela Johnson Joins Noble Investment Group as Managing Principal

Angela Johnson Joins Noble Investment Group as Managing Principal

by Phil Hall | Mar 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Noble Investment Group, an Atlanta-based real estate investment manager specializing in the travel and hospitality sector, has named Angela Johnson as managing principal and head of global client solutions and strategic partnerships. In this new role for the...
New Click n’ Close Loan Program Aimed at Rural Markets

New Click n’ Close Loan Program Aimed at Rural Markets

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

Click n’ Close, an Addison, Texas-headquartered lender serving consumers and mortgage originators through its wholesale and correspondent channels, has introduced its One-Time Close (OTC) loan programs for government-insured mortgage products. According to the company...
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