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Proptech RentRedi Acquires Two Property Management Platforms

Proptech RentRedi Acquires Two Property Management Platforms

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

New York City-based proptech RentRedi, which provides a cloud-based rental management platform designed to simplify the renting process for both landlords and tenants, has acquired the housing-focused platforms eRentPayment and PaymentReport. eRentPayment offers...
Trade Groups Ask FHFA to Forgo Rent Control Proposal

Trade Groups Ask FHFA to Forgo Rent Control Proposal

by Phil Hall | Aug 11, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A coalition of 18 national trade associations representing the stakeholders in the housing industry sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson warning that mandatory rent control and rent stabilization policies will increase rents,...
Tech Trends: Video Marketing Pays Off, Just Do It

Tech Trends: Video Marketing Pays Off, Just Do It

by Tony Garritano | Aug 10, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, Tech Trends, WRE News Exclusive

Sometimes we are our own worst enemies. We hold ourselves back. We convince ourselves that something isn’t possible without even trying. I’m here to tell you something you’ve probably heard time and time again, which is that if you don’t try, you’ll never succeed. And...
Wells Fargo Launches Down Payment Grant Program

Wells Fargo Launches Down Payment Grant Program

by Phil Hall | Aug 10, 2023 | Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wells Fargo (NYSE:WFC) Home Lending is now offering $10,000 Homebuyer Access grants that will be applied toward the down payment for eligible homebuyers who currently live in or are purchasing homes in certain underserved communities in eight major metro areas. The...
Declines Recorded in Foreclosure Activity and Mortgage Delinquencies

Declines Recorded in Foreclosure Activity and Mortgage Delinquencies

by Phil Hall | Aug 10, 2023 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Two new data reports offer mostly positive news for mortgage servicers, as foreclosure activity and delinquency rates recorded respective declines. There was a total of 31,877 properties with foreclosure filings in July, according to new data from ATTOM. This...
Hawaiian Wildfires Kill 36, Destroy More Than 270 Structures

Hawaiian Wildfires Kill 36, Destroy More Than 270 Structures

by Phil Hall | Aug 10, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The wildfires sweeping across the Hawaiian island of Maui have killed 36 people and destroyed more than 270 structures, according to Maui County officials. CNN is reporting that most of the western Maui community of Lahaina has been destroyed and hundreds of...
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