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Oralia Herrera Installed as NAHREP’s 2025 National President

Oralia Herrera Installed as NAHREP’s 2025 National President

by Phil Hall | Mar 27, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Hispanic Real Estate Professionals (NAHREP) has installed Oralia Herrera as its 2025 National President during its annual Homeownership and Housing Policy Conference in Washington, DC. Herrera has been in the real estate profession for over...
Mixed Results in Latest Mortgage Rate Data

Mixed Results in Latest Mortgage Rate Data

by Phil Hall | Mar 27, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market

Mortgage rates were mixed in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.65% as of March 13, down slightly from last week when it averaged 6.67%. A year ago at this time, it averaged...
ERA Real Estate Begins Media Campaign Tied to Baseball Season

ERA Real Estate Begins Media Campaign Tied to Baseball Season

by Phil Hall | Mar 27, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

ERA Real Estate, a franchise brand within the Anywhere Real Estate Inc. (NYSE: HOUS) portfolio, has launched a season-long national media campaign across Major League Baseball (MLB) and Minor League Baseball (MiLB) games. The national media campaign features a mix of...
Realtor.com: Down Payment Levels Hit Record High in 2024

Realtor.com: Down Payment Levels Hit Record High in 2024

by Phil Hall | Mar 27, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical down payment during the fourth quarter of 2024 was $30,250, according to a new report from Realtor.com. The level was slightly below the third quarter’s level but roughly $3,000 higher than one year prior. “As inventory recovers, the housing...
JP Morgan Real Estate Income Trust Acquires 2 Southeastern Residential Assets

JP Morgan Real Estate Income Trust Acquires 2 Southeastern Residential Assets

by Phil Hall | Mar 27, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

JP Morgan Real Estate Income Trust Inc. (JPMREIT) announced the acquisition of two Southeastern residential assets. The Preserve at Pine Valley, North Carolina, is a 219-unit, Class-B housing community, was acquired for $32.1 million in a 90/10 joint venture...
Greystar Begins Construction on Virginia Multifamily/Build-for-Rent Community

Greystar Begins Construction on Virginia Multifamily/Build-for-Rent Community

by Phil Hall | Mar 27, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Greystar has announced the start of construction on Old Ivy Residences, a hybrid multifamily and build-for-rent community in Albemarle County, Virginia. The multifamily component of the development will have 336 garden-style apartments with one-, two- and...
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