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Report: Roof Repair Costs at $31 Billion in 2024

Report: Roof Repair Costs at $31 Billion in 2024

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

Roof repair and replacement cost value totaled nearly $31 billion in 2024, according to the US Roofing Realities Trend Report published by Verisk (NASDAQ: VRSK). This is a nearly 30% surge since 2022. Roof related line items made up more than one-quarter of all...
Foundational Builders Corporation Expanding to Arizona and Florida

Foundational Builders Corporation Expanding to Arizona and Florida

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

Foundational Builders Corporation, a Los Angeles-based residential and commercial construction firm, announced its expansion beyond California into Arizona and Florida. According to the company, the expansion “aligns with the company’s long-term vision of addressing...
HomeLife Realty Services Rolls Out Cash Back Program

HomeLife Realty Services Rolls Out Cash Back Program

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

Toronto-based HomeLife Realty Services Inc. has rolled out the HomeLife Multi Millions Cash Back Program, which is billed as Canada’s first nationwide real estate cash back program for buyers, sellers, and renters. According to the company, buyers and sellers will...
United Wholesale Mortgage in AI Partnership with Google Cloud

United Wholesale Mortgage in AI Partnership with Google Cloud

by Phil Hall | Apr 8, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

United Wholesale Mortgage (NYSE: UWMC) has entered a partnership with Google Cloud that aims to bring a new era of artificial intelligence (AI) solutions to the mortgage lending industry. According to the companies, UWM will integrate Google Cloud AI and machine...
Sterling Organization Acquires Bay Area Shopping Center for $61.1 Million

Sterling Organization Acquires Bay Area Shopping Center for $61.1 Million

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

Sterling Organization, a private equity retail real estate investment firm based in West Palm Beach, Florida, has acquired Rossmoor Shopping Center, a 118,846-square-foot shopping center in Walnut Creek, California, for $61.1 million. Located in the San Francisco Bay...
Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment

Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment

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

A new survey from Redfin (NASDAQ: RDFN) has found one in five (20%) prospective homebuyers are expecting to sell stocks to help fund their next down payment. Among homeowners, Redfin found roughly one in eight (13%) said they sold stocks to help fund their down...
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