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HGTV’s Latest Show: Male Strippers Doing Home Renovations

HGTV’s Latest Show: Male Strippers Doing Home Renovations

by Phil Hall | Jul 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Is HGTV running out of ideas for new programming, or have they tapped into a formula that personifies genius? Whatever the case, the cable network’s new “Flip the Strip” premiered on July 10 with the unlikeliest stars in the spotlight. The headliners for the Las...
Redfin: Home Prices Up for First Time in Nearly Five Months

Redfin: Home Prices Up for First Time in Nearly Five Months

by Phil Hall | Jul 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median home sale price increased year-over-year by 1.5% during the four weeks ending July 9, according to data from Redfin (NASDAQ:RDFN), which noted this was first increase in nearly five months. The median home sale price of $383,750 was only $2,500 below record...
Foreclosure Activity Increased in First Half of 2023

Foreclosure Activity Increased in First Half of 2023

by Phil Hall | Jul 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The first half of the year saw a recorded total of 185,580 U.S. properties with foreclosure filings, according to new data from ATTOM. This represents a 13% year-over-year increase. Nationwide, 0.13% of all housing units (one in every 752) had a foreclosure filing in...
UnlistedHomes.com Debuts ChatGPT-Backed Home Search Engine

UnlistedHomes.com Debuts ChatGPT-Backed Home Search Engine

by Phil Hall | Jul 13, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

UnlistedHomes.com, a Dayton, Ohio-headquartered platform for off-market real estate listings, has launched an AI-powered home search engine backed by ChatGPT. According to the company, the ChatGPT integration provides a more streamlined mechanism where users can enter...
AG Mortgage Investment Trust Makes Unsolicited Bid for Western Asset Mortgage Capital

AG Mortgage Investment Trust Makes Unsolicited Bid for Western Asset Mortgage Capital

by Phil Hall | Jul 13, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

AG Mortgage Investment Trust Inc. (NYSE: MITT) has made an unsolicited offer to acquire Western Asset Mortgage Capital Corp. (NYSE: WMC), which is already in merger talks with another real estate investment trust. In a letter to the Western Asset board of directors,...
New Program Seeks to Convert Boston Office Properties into Multifamily Housing

New Program Seeks to Convert Boston Office Properties into Multifamily Housing

by Phil Hall | Jul 12, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Boston Mayor Michelle Wu has unveiled a program offering tax incentives that will encourage the conversion of downtown office buildings into residential housing. According to an Associated Press report, the program will accept applications through June 2024 and...
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