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California, New Jersey and Illinois Cited as Most At-Risk Q3 Housing Markets

California, New Jersey and Illinois Cited as Most At-Risk Q3 Housing Markets

by Phil Hall | Dec 7, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California, New Jersey and Illinois have the highest concentrations of the most-at-risk housing markets in the country, with the biggest clusters in the New York City and Chicago areas and in central California, according to the third quarter Special Housing Risk...
HUD in New Climate Change Endeavors

HUD in New Climate Change Endeavors

by Phil Hall | Dec 7, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) announced new initiatives during this week’s U.N. Climate Conference (COP28) to address clean energy in the housing market. Among the initiatives is memorandum of understanding (MOU) with the U.S. Department...
Fannie Mae: Only 14% of Americans Think It’s a Good Time for Home Buying

Fannie Mae: Only 14% of Americans Think It’s a Good Time for Home Buying

by Phil Hall | Dec 7, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Consumer sentiment regarding the housing market remains low, according to the latest Home Purchase Sentiment Index (HPSI) published by Fannie Mae (OTCQB: FNMA). For November, the HPSI dropped by 0.6 points from the previous month to 64.3, keeping it within the bounds...
Private Investment Firm Creates Advisory Board Focused on Real Estate and Mortgages

Private Investment Firm Creates Advisory Board Focused on Real Estate and Mortgages

by Phil Hall | Dec 7, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rice Park Capital Management LP, a Minneapolis-based, private investment firm, announces it has formed an advisory board for its strategic equity investing strategy (RPC Ventures) that is designed to provide expert insight related to the real estate, mortgage and...
Alliant Credit Union Expands Mortgage Offerings

Alliant Credit Union Expands Mortgage Offerings

by Phil Hall | Dec 7, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alliant Credit Union, a Chicago-based institution with more than 800,000 members and more than $19 billion in assets, has expanded the mortgage product line-up for its membership. Alliant will now be providing three federal mortgages – FHA, VA and USDA – along with a...
Johnny Damon Lists Amenity-Packed Florida Estate for $30 Million

Johnny Damon Lists Amenity-Packed Florida Estate for $30 Million

by Phil Hall | Dec 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Former Major League Baseball star Johnny Damon is listing his amenity-packed mansion in the Orlando suburbs for $30 million. Damon and his wife, Michelle, bought their 4.8-acre parcel within a gated community in Windermere, Florida, in 2007 for $4 million and built...
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