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Consumers Lose $106K on Average to Real Estate Wire Fraud

Consumers Lose $106K on Average to Real Estate Wire Fraud

by Phil Hall | Apr 18, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Consumer real estate payments represented the most frequent target of wire fraud in 2022, with cybercriminals targeting buyer cash-to-close payments in particular, according to the new State of Wire Fraud report published by CertifID. Cybercriminals began targeting...
Fannie Mae: Q1 Single-Family Home Prices Up 4.7%

Fannie Mae: Q1 Single-Family Home Prices Up 4.7%

by Phil Hall | Apr 18, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family home prices during the first quarter increased on a 4.7% year-over-year basis, down from the previous quarter’s revised annual growth rate of 8.6%, according to the latest Home Price Index data from Fannie Mae (OTCQB: FNMA). On a quarterly basis,...
Rocket Mortgage Canada in New Pact with RESAAS Services

Rocket Mortgage Canada in New Pact with RESAAS Services

by Phil Hall | Apr 18, 2023 | International Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

RESAAS Services Inc. (OTCQB: RSASF), a Vancouver-based provider of technology solutions for the real estate Industry, has announced a preliminary partnership with the digital broker Rocket Mortgage Canada, a division of Rocket Companies (NYSE:RKT). Under the terms of...
Apartment Hunting in Pyongyang? Kim Jong Un Has a Place for You!

Apartment Hunting in Pyongyang? Kim Jong Un Has a Place for You!

by Phil Hall | Apr 17, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of the busiest housing markets appears to be in one of the least likely places on Earth – or, at least, that is what its state-run media insists. According to a Reuters report, the North Korean government held a ceremony yesterday following the completion of...
Builder Confidence in Mild Uptick

Builder Confidence in Mild Uptick

by Phil Hall | Apr 17, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home builders gave the mildest thumbs up to their industry this month. Builder confidence in the market for newly built single-family homes inched up by a single point this month in the latest Housing Market Index (HMI) report from the National Association of Home...
A Phil Hall Op-Ed: Lower Those Mortgage Rates…Or Else?

A Phil Hall Op-Ed: Lower Those Mortgage Rates…Or Else?

by Phil Hall | Apr 17, 2023 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

American homebuyers have a message for those responsible in determining mortgage rates: lower those rates or we won’t purchase property. Or at least that was the sentiment in a survey conducted last month by John Burns Research and Consulting, where 71% of potential...
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