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Drexel University to Launch Real Estate Institute

Drexel University to Launch Real Estate Institute

by Phil Hall | Sep 14, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Philadelphia’s Drexel University has announced plans to establish the Wilbur C. Henderson Real Estate Institute in the Bennett S. LeBow College of Business. The institute will serve as a center for research, teaching and outreach that connects industry leaders with...
Tech Trends: We Should All Be This Lucky with Instagram

Tech Trends: We Should All Be This Lucky with Instagram

by Phil Hall | Sep 14, 2023 | News/Current Events, Real Estate News, Tech Trends, WRE News Exclusive

Tech Trends: As I mentioned a few columns back, I just started using Instagram to try and grow my business. Why? Although Facebook and TikTok remain the absolute leaders in the social media space, with 2.7 billion and 1.9 billion users in 2023, Instagram brings far...
Mortgage Rates Are Back on the Rise

Mortgage Rates Are Back on the Rise

by Phil Hall | Sep 14, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates resumed their upward trajectory and stayed above the dreaded 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.18% as of Sept. 14, up from last week when it averaged...
HGTV to Create Series Based on Instagram’s Zillow Gone Wild

HGTV to Create Series Based on Instagram’s Zillow Gone Wild

by Phil Hall | Sep 14, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Instagram account Zillow Gone Wild has inspired a new HGTV series that is scheduled to premiere in early 2024. “Zillow Gone Wild” will consist of eight half-hour episodes and a one-hour season finale. In each episode, three eccentric homes for sale will be...
Credit Union Mortgage Originations Down 60% in Q3

Credit Union Mortgage Originations Down 60% in Q3

by Phil Hall | Sep 14, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Credit union activity in the mortgage and home equity line of credit (HELOC) markets recorded a decline during the third quarter of this year, according to new data from TransUnion (NYSE:TRU). The balances on credit union-originated mortgages grew more than 4%...
Mortgage-Rate Locks for Second Homes Down 19%

Mortgage-Rate Locks for Second Homes Down 19%

by Phil Hall | Sep 14, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Second homes continue to lose their appeal in the post-pandemic era, according to new data from Redfin (NASDAQ:RDFN), with mortgage-rate locks for second homes down 19% year-over-year in August, compared to the 14% decline for primary homes. When measured against the...
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