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Former NFL Player Sentenced in Real Estate Embezzlement Scheme

Former NFL Player Sentenced in Real Estate Embezzlement Scheme

by Phil Hall | Jun 24, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Real estate developer and former NFL football player Chris Harrison was sentenced to six years in federal prison and three years of supervised for his coordination of a scheme that embezzled funds intended for the development and construction of two real estate...
Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price

Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly 6% of homes are at risk of being sold for less than their purchase price, according to a new data report from Redfin (NASDAQ: RDFN) based on active listings on the MLS during May. Last year at this time, the share was at 4.4%. Redfin noted this situation varied...
Wisconsin Home Sales Down While Listings and Prices Rise

Wisconsin Home Sales Down While Listings and Prices Rise

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wisconsin recorded 6,607 home sales during May, a 2.1% drop from the 6,752 transactions recorded one year earlier. According to data from the Wisconsin Realtors Association (WRA), the decline in sales came as total statewide listings surged by 8.5% from 20,309 in May...
Case-Shiller Index Records 2.7% Annual Gain in April

Case-Shiller Index Records 2.7% Annual Gain in April

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 2.7% annual return in April, down from 3.4% the previous month. The 10-City Composite annual increase came in at 4.1%, down from 4.8% the previous month, while the 20-City Composite posted...
Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million

Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million

by Phil Hall | Jun 24, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Macerich Company (NYSE: MAC), a Santa Monica, California-based real estate investment trust, has acquired Crabtree Valley Mall, a Class A retail center totaling approximately 1.3 million square feet in Raleigh, North Carolina, for $290 million. The acquired...
Barri Rafferty to Lead PR/Government Relations at Anywhere Real Estate

Barri Rafferty to Lead PR/Government Relations at Anywhere Real Estate

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Anywhere Real Estate Inc. (NYSE: HOUS) has appointed Barri Rafferty as chief communications officer and head of public affairs. In her new job, Rafferty will lead the company’s public relations, communications, government relations, and events and productions...
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