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CrossCountry Mortgage Creates New SVP Position Focused on Affordable Homeownership

CrossCountry Mortgage Creates New SVP Position Focused on Affordable Homeownership

by Phil Hall | Jul 11, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cleveland-headquartered CrossCountry Mortgage has named Jayma Banks as senior vice president of housing initiatives. In this newly created position, Banks will focus on expanding affordable homeownership opportunities with community products including CCM Community...
Rep. Jim Jordan Seeks to Move FBI Headquarters to Huntsville, Alabama

Rep. Jim Jordan Seeks to Move FBI Headquarters to Huntsville, Alabama

by Phil Hall | Jul 11, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A new effort is underway in Congress to relocate the headquarters of the FBI from Washington, D.C., to Hunstville, Alabama. The Wall Street Journal reported that House Judiciary Committee Chairman Jim Jordan (R-OH) is planning to attach a provision to the upcoming...
Ontario Nonprofit Plans to Fund Affordable Housing Expansion with Community Bonds

Ontario Nonprofit Plans to Fund Affordable Housing Expansion with Community Bonds

by Phil Hall | Jul 11, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Places for People (P4P), a nonprofit organization which creates and manages quality affordable housing in Ontario’s Haliburton County, has launched the county’s first community bond campaign. The nonprofit said it will sell P4P Bonds to raise $850,000 to refinance...
The Best and Worst Cities for Rental Housing Are…

The Best and Worst Cities for Rental Housing Are…

by Phil Hall | Jul 11, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rental housing residents of Overland Park, Kansas, may want to borrow a line from the state’s most famous big screen character and chant “There’s no place like home” – their city was named the best for renters in a new data study by WalletHub. In the study, WalletHub...
Realtors: Lack of Housing Inventory is Main Reason Buyers Are Not Buying

Realtors: Lack of Housing Inventory is Main Reason Buyers Are Not Buying

by Phil Hall | Jul 11, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The absence of housing inventory was the most significant factor that prevented potential buyers from making home purchases in 2022, according to a new survey by the National Association of Realtors (NAR) of its membership. Roughly one-third (32%) of realtors cited...
CoreLogic: Annual Home Price Growth at Lowest Rate in 11 Years

CoreLogic: Annual Home Price Growth at Lowest Rate in 11 Years

by Phil Hall | Jul 11, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The annual U.S. single-family home price growth slowed for the 12th straight month in May, according to new data from CoreLogic. However, which the growth rate only represented a 1.4% increase year-over-year – the lowest rate in 11 years – it also affirmed the 136th...
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