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Lenders Offering Creative Financing Options

Lenders Offering Creative Financing Options

by Rick Grant | Apr 22, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

To thrive – or simply survive – in one of the most challenging housing markets in more than half a century, mortgage lenders have turned to creative solutions to attract buyers – creativity that real estate agents might leverage to sell more homes....
More Down Payment Assistance Programs Introduced During Q1

More Down Payment Assistance Programs Introduced During Q1

by Phil Hall | Apr 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of programs offering down payment assistance increased by 43 during the first quarter, a 2% quarterly uptick that brought the total number of available programs to 2,509, according to data from Down Payment Resource (DPR). The nationwide average benefit...
HGTV’s Tarek El Moussa Says He Earns $675,000 a Month from House Flipping

HGTV’s Tarek El Moussa Says He Earns $675,000 a Month from House Flipping

by Phil Hall | Apr 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

HGTV star Tarek El Moussa has revealed that he pockets $675,000 a month from his house flipping work. El Moussa shared his financial success in an interview on the podcast “Trading Secrets,” where he promoted his new book “Flip Your Life.” “Since I started in 2010,...
Mortgage Forbearance Levels Down Slightly in March

Mortgage Forbearance Levels Down Slightly in March

by Phil Hall | Apr 22, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The total number of mortgages now in forbearance dipped by 2 basis points from 0.38% of servicers’ portfolio volume in February to 0.36% by the end of March, according to data from the Mortgage Bankers Association (MBA), which estimated 180,000 homeowners are in...
Democrats Reintroduce Housing for All Act to Address Homelessness

Democrats Reintroduce Housing for All Act to Address Homelessness

by Phil Hall | Apr 22, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Three Democratic California lawmakers – Sen. Alex Padilla and Reps. Ted Lieu and Salud Carbajal – have reintroduced the Housing for All Act to finance federal and local programs designed to address the homelessness crisis that worsened during the Biden administration....
Mary Lee Blaylock Named Brokerage President at Sotheby’s International Realty

Mary Lee Blaylock Named Brokerage President at Sotheby’s International Realty

by Phil Hall | Apr 22, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Sotheby’s International Realty has recruited Mary Lee Blaylock to become president of brokerage. In her new job, Blaylock will be responsible for leading company-owned brokerage operations, overseeing 48 brokerage offices that support more than 2,300 affiliated...
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