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Ameris Bank Debuts Borrower Assistance Program in Jacksonville

Ameris Bank Debuts Borrower Assistance Program in Jacksonville

by Phil Hall | Jan 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Ameris Bank has rolled out the Ameris Choice program, which is designed to provide up to $20,000 in assistance to qualified applicants in the Jacksonville, Florida, area for the purchase or refinancing a home. The program is available for individuals purchasing or...
Builder Confidence Up by 7 Points

Builder Confidence Up by 7 Points

by Phil Hall | Jan 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes climbed seven points to 44 in January, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This marked the second consecutive month where...
Mortgage Applications for New Home Purchases Up 22.2%

Mortgage Applications for New Home Purchases Up 22.2%

by Phil Hall | Jan 19, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in December were up by 22.2% from one year earlier, according to new data from the Mortgage Bankers Association (MBA). Compared to November, the application volume dipped by 4%. The MBA estimated new single-family home...
Existing Home Sales Were Down for December

Existing Home Sales Were Down for December

by Phil Hall | Jan 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales ended 2023 on a downturn, according to data from the National Association of Realtors (NAR). Total existing home sales dipped by 1% from November to a seasonally adjusted annual rate of 3.78 million in December. On a year-over-year measurement,...
And Yet Another Real Estate Commission Lawsuit is Filed, Now in Los Angeles

And Yet Another Real Estate Commission Lawsuit is Filed, Now in Los Angeles

by Phil Hall | Jan 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Another lawsuit aimed at how real estate professionals earn their commissions was filed this week in Los Angeles. The new case was filed on Wednesday in U.S. District Court in Los Angeles by Gael Fierro and Patrick Thurber, two home sellers who named the National...
FTC Shuts Down Real Estate Scam Targeting Spanish-Speaking Consumers

FTC Shuts Down Real Estate Scam Targeting Spanish-Speaking Consumers

by Phil Hall | Jan 18, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A lawsuit brought by the Federal Trade Commission (FTC) has shut down Ganadores Online and Ganadores Inversiones Bienes Raíces, a scam targeting Spanish-speaking consumers with fraudulent money-making pitches for online businesses and real estate investments. The FTC...
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