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NAMB in Partnership with The Appraisal Foundation

NAMB in Partnership with The Appraisal Foundation

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

The National Association of Mortgage Brokers (NAMB) has announced a new partnership with The Appraisal Foundation. NAMB stated it is the first mortgage-related association to join the Appraisal Foundation’s Partner Program. As a partner, NAMB will work closely with...
Report: Gen Z and Millennial Homeownership Rates Plateaued in 2024

Report: Gen Z and Millennial Homeownership Rates Plateaued in 2024

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

The homeownership rates of Gen Z and millennials plateaued in 2024, according to a new data report from Redfin (NASDAQ: RDFN). A little more than one-quarter (26.1%) of Gen Zers were homeowners in 2024, essentially unchanged from 2023 (26.3%) and 2022 (26.2%). Before...
Hudson’s Bay, Canada’s Oldest Retailer, to Close Nearly All Stores

Hudson’s Bay, Canada’s Oldest Retailer, to Close Nearly All Stores

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

The retailer Hudson’s Bay, Canada’s oldest continuously operating company, has begun liquidating nearly all of its stores. According to combined media reports, the company – which dates to 1670 – filed for creditor protection earlier this month. It owes $950 million...
New Alabama Law Changes Timing of Buyer Agreements

New Alabama Law Changes Timing of Buyer Agreements

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

A new law signed on Friday by Alabama’s governor will no longer require buyer agreements before agents tour properties with a client. “Great news! Governor Kay Ivey has officially signed HB 230 into law!” announced the Alabama Association of Realtors (AAR) in a social...
Rhode Island’s MLS to be Opened to Non-Realtors

Rhode Island’s MLS to be Opened to Non-Realtors

by Phil Hall | Mar 24, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The Rhode Island State-Wide Multiple Listing Service (MLS) is expanding access to non-realtors in the state, beginning on May 1. RIS Media reported the MLS, a for-profit subsidiary of the Rhode Island Association of Realtors (RIAR), announced the expansion in...
Virginia Lawmakers Reject Offer to Accept Ownership of James Monroe’s Estate

Virginia Lawmakers Reject Offer to Accept Ownership of James Monroe’s Estate

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

The owners of the historic Virginia property that was the home of President James Monroe are facing difficulty in trying to transfer the property to state ownership. CBS News reports that the 1,200-acre Oak Hill estate in Loudoun County has been owned by the...
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