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Hits and Misses of the Real Estate Week Sept. 11-15

Hits and Misses of the Real Estate Week Sept. 11-15

by Phil Hall | Sep 15, 2023 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A movie legend’s home saved from demolition (for now), a new TV series inspired by an Instagram page and a greater understanding of pain caused from housing costs. From the wild and woolly world of real estate, here are the hits and misses for this week. Hit:...
60,000 Home Purchase Agreements in August Were Canceled

60,000 Home Purchase Agreements in August Were Canceled

by Phil Hall | Sep 15, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There is a surplus of second thoughts and cold feet in the housing market: Nearly 60,000 home purchase agreements were canceled in August, which is equal to 15.7% of homes that went under contract that month. According to new data from Redfin (NASDAQ:RDFN), August’s...
Nicole Bascomb-Green Named Head of Community Lending at Umpqua Bank

Nicole Bascomb-Green Named Head of Community Lending at Umpqua Bank

by Phil Hall | Sep 15, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Umpqua Bank, the Lake Oswego, Oregon-headquartered subsidiary of Columbia Banking System Inc. (NASDAQ: COLB), announced the appointment of Nicole Bascomb-Green as head of community lending. In her new job, Bascomb-Green will be responsible for the management of the...
New List Compiles Lenders Offering 100% LTV HELOCs

New List Compiles Lenders Offering 100% LTV HELOCs

by Phil Hall | Sep 15, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

MyPerfectMortgage.com, a mortgage and real estate information resource, has published a list of lenders in nearly every state that offer home equity lines of credit (HELOCs) up to 100% of the home’s value. The list comes at a time when elevated interest rates...
New Joint Venture to Develop Multifamily Community in Charlotte’s NoDa District

New Joint Venture to Develop Multifamily Community in Charlotte’s NoDa District

by Phil Hall | Sep 15, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Canyon Partners Real Estate LLC and The NRP Group have created a joint venture for the development of the Abernethy Lofts, a 392-unit, Class A multifamily community in North Davidson (NoDa), the arts and entertainment district of Charlotte, North Carolina. Abernethy...
JLL Expands Life Science Platform with Thomas Burrus as AVP

JLL Expands Life Science Platform with Thomas Burrus as AVP

by Phil Hall | Sep 15, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

JLL (NYSE:JLL) has announced the expansion of its national life science platform with the appointment of Thomas Burrus as an associate vice president with a focus on business development in the life science and healthcare arena. Burrus will concentrate on the New York...
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