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Realty One Group in Partnership with Motivational Speaker Dr. Eric Thomas

Realty One Group in Partnership with Motivational Speaker Dr. Eric Thomas

by Phil Hall | May 12, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Las Vegas-based Realty One Group has announced an exclusive partnership with best-selling author and motivational speaker Dr. Eric Thomas. Under the terms of the partnership, Thomas will provide online coaching through the company’s proprietary One University (ONE.U)...
Luxury Condo Community Opens in Toronto

Luxury Condo Community Opens in Toronto

by Phil Hall | May 12, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Toronto’s new property-starved housing market has a new development: The Leaside, a luxury condominium community spanning two midrise buildings with 109 and 132 suites. The Leaside is a collaboration between Emblem Developments, Core Development Group and financing...
Guest Opinion: How to Help Your Client Close the Deal When Mortgage Rates Climb

Guest Opinion: How to Help Your Client Close the Deal When Mortgage Rates Climb

by Terri Robinson | May 11, 2023 | Guest Opinion, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Remember those days of multiple offers? Lines of buyers outside the door of your latest listing? Those days are over in most markets as mortgage rates steadily test the 7% level and buyers grow increasingly skittish about a recession. But you have a listing that has...
Mortgage Rates Inch Lower

Mortgage Rates Inch Lower

by Phil Hall | May 11, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC) showed rates taking a slight drop from last week. The 30-year fixed-rate mortgage averaged 6.35% as of May 11, down from last week when it averaged 6.39%. A year ago at this time, the rate...
Mortgage Delinquency Rate Drops to Historic Lows

Mortgage Delinquency Rate Drops to Historic Lows

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

The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.56% by the end of the first quarter of this year, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. This...
US Foreclosure Activity Stabilized in April

US Foreclosure Activity Stabilized in April

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

Last month saw a total of 32,977 U.S. properties with foreclosure filings, a 10% decline from the previous month but an 8% uptick from one year earlier. According to data from ATTOM, one in every 4,234 housing units had a foreclosure filing in April. Lenders started...
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