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One-Quarter of Homebuyers Looking to Move to Another Metro Area

One-Quarter of Homebuyers Looking to Move to Another Metro Area

by Phil Hall | Jun 28, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

One-quarter of American homebuyers, a new record level, are looking to move to a different metro area, according to data from Redfin (NASDAQ:RDFN). In comparison to current level of 25.4% homebuyers looking outside of their area, the share considering relocation was...
Mortgage Application Activity Continues to Rise

Mortgage Application Activity Continues to Rise

by Phil Hall | Jun 28, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Despite still-high rates and a still-low housing inventory, mortgage application activity was on the rise last week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, a measure of mortgage loan application volume, increased...
Survey: Most Younger Homeowners Are Spying on the Value of Friends’ Homes

Survey: Most Younger Homeowners Are Spying on the Value of Friends’ Homes

by Phil Hall | Jun 28, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The concept of keeping up with the Joneses has a new digital twist as most younger Americans go online to spy on the value of their friends’ homes. According to a new survey by Mphasis Digital Risk of 1,386 adults ages 46 and younger, the majority (66%) acknowledged...
Jared Kushner’s Father Makes Unsolicited Bid for New Jersey-Based REIT

Jared Kushner’s Father Makes Unsolicited Bid for New Jersey-Based REIT

by Phil Hall | Jun 28, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A company owned by Charles Kushner, the father of former President Donald Trump’s son-in-law and one-time political advisor Jared Kushner, has made an unsolicited offer to buy a real estate investment trust. K Corp Acquisitions LLC, owned by Charles Kushner, reached...
Maza, a Platform for Immigrants Aimed at Homeownership, Announces $8 Million Seed Round

Maza, a Platform for Immigrants Aimed at Homeownership, Announces $8 Million Seed Round

by Phil Hall | Jun 28, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A platform designed to provide immigrants with the financial identities needed to pursue homeownership, announced an $8 million seed round. The Los Angeles-based Maza enables immigrants to obtain a U.S. Tax ID and a bank account. According to the company, this allows...
New Executive Director Sought for Seattle’s Compass Housing Alliance

New Executive Director Sought for Seattle’s Compass Housing Alliance

by Phil Hall | Jun 28, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Compass Housing Alliance, a Seattle-headquartered nonprofit serving individuals, veterans and families experiencing chronic homelessness and housing instability in Washington State’s Puget Sound region, has announced the planned retirement of Executive Director Mary...
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