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LPT Holdings Debuts Aperture Global Real Estate as Luxury Brand

LPT Holdings Debuts Aperture Global Real Estate as Luxury Brand

by Phil Hall | May 8, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

LPT Holdings, the parent company of LPT Realty, has launched Aperture Global Real Estate as its new luxury brand. The new brand is being rolled out in 15 states and four international cities, with nearly 20 more global locations planned for the near future. Michael...
Mortgage Rates Remain Flat

Mortgage Rates Remain Flat

by Phil Hall | May 8, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed rate mortgage averaged 6.76% as of May 8, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is unchanged from last week and down from the 7.09% rate recorded one year ago. The 15-year fixed-rate mortgage...
NAR: Q1 Home Prices Up in 83% of Metro Markets

NAR: Q1 Home Prices Up in 83% of Metro Markets

by Phil Hall | May 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family existing home sales prices were up in 83% of metro markets (189 out of 228) during the first quarter, according to data from the National Association of Realtors (NAR), which also found 11% of the tracked metro areas recorded double-digit price gains,...
Q1 Home Equity Levels Down Slightly

Q1 Home Equity Levels Down Slightly

by Phil Hall | May 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from ATTOM has found 46.2% of mortgaged residential properties were considered equity-rich in the first quarter, down from 47.7% in the fourth quarter of 2024. However, the rate is also nearly double what it was in the first quarter of 2020, prior to...
3D Home Printing Exec Joins Habitat for Humanity Board

3D Home Printing Exec Joins Habitat for Humanity Board

by Rick Grant | May 8, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Habitat for Humanity of Long Island has asked 26-year-old Kristen Henry to sit on its board of directors.  Henry is the chief technology officer at SQ4D, a pioneering construction technology engaged in producing 3D printed, full-scale concrete homes. At 22, she became...
Redfin Investor Sues to Halt Acquisition by Rocket Companies

Redfin Investor Sues to Halt Acquisition by Rocket Companies

by Phil Hall | May 8, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

An investor in Redfin (NASDAQ: RDFN) has filed a lawsuit to stop its $1.75 billion sale to Rocket Companies (NYSE: RKT). The Real Deal reports investor Bruce Miller is suing the company and its board of directors, including CEO Glenn Kelman, alleging they failed to...
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