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Existing Home Sales Score First Year-Over-Year Hike Since July 2021

Existing Home Sales Score First Year-Over-Year Hike Since July 2021

by Phil Hall | Nov 21, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales recorded its first year-over-year upswing since July 2021, according to new data from the National Association of Realtors (NAR). Total existing-home sales were up 3.4% from September to a seasonally adjusted annual rate of 3.96 million in October....
Report: Refinancing Fueled Q3 Mortgage Lending Activity

Report: Refinancing Fueled Q3 Mortgage Lending Activity

by Phil Hall | Nov 21, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1.67 million mortgages were secured by residential property (1 to 4 units) during the third quarter, according to a data report from ATTOM. This marked 1.9% increases on both a quarterly and annual measurement. Lenders issued $553.1 billion worth of...
$2.3 Million Settlement in AI-Screening Discrimination Lawsuit

$2.3 Million Settlement in AI-Screening Discrimination Lawsuit

by Phil Hall | Nov 21, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A federal court has approved a $2.3 million settlement that resolves charges that SafeRent, an artificial intelligence (AI) screening tool used by landlords, used its algorithm scores to determine if a rental housing applicant using vouchers should be approved as a...
Cryptocurrency Purchases for Real Estate Available in South Africa

Cryptocurrency Purchases for Real Estate Available in South Africa

by Phil Hall | Nov 21, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

South African property buyers are now able to purchase real estate using Bitcoin or Ethereum. Bitcoin.com reported the financial services provider Schindlers Digital Assets is now offering cryptocurrency conversion services that adhere to South African financial...
California Man Pretending to be Real Estate Agent Arrested for Burglarizing Open Houses

California Man Pretending to be Real Estate Agent Arrested for Burglarizing Open Houses

by Phil Hall | Nov 21, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A 50-year-old man in California’s Marin County was arrested yesterday for stealing thousands of dollars in jewelry and other items last month from open houses where he pretended to be a real estate agent. The Marin County Sheriff’s Office reported that Joshua...
VanWest Partners Acquires Three Self-Storage Properties

VanWest Partners Acquires Three Self-Storage Properties

by Phil Hall | Nov 21, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Denver-based real estate investment firm VanWest Partners announced its acquisition of three self-storage assets in Arkansas, Georgia, and Nevada. The acquired properties are based in Springdale, Arkansas, with 539 units and 72,645 net rentable square feet (NRSF);...
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