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Survey: Most Buyers Move to Find a Bigger and Better Home

Survey: Most Buyers Move to Find a Bigger and Better Home

by Phil Hall | Nov 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Why do people want to move? A new survey from Redfin (NASDAQ: RDFN) determined people are in search of bigger and better surroundings – as well as finding a cheaper place to live. In a survey of 1,802 adults, respondents cited a desire for more space (31.2%) as the...
Donald Coulter Steps Down as Chief Executive at MCAN Mortgage

Donald Coulter Steps Down as Chief Executive at MCAN Mortgage

by Phil Hall | Nov 20, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Toronto-headquartered MCAN Mortgage Corporation (TSX: MXP) (OTCMKTS: MAMTF) announced Donald Coulter has resigned as president, CEO and a member of the board of directors. Coulter joined MCAN in December 2023, having previously served as CEO of connectFirst Credit...
Las Vegas Police Fatally Shoot Realtor Who Called for Help During Home Invasion

Las Vegas Police Fatally Shoot Realtor Who Called for Help During Home Invasion

by Phil Hall | Nov 20, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A realtor in Las Vegas was shot and killed by a police officer shot after for help after an intruder broke into his home. According to combined media reports, Brandon Durham was in his home with his 15-year-old daughter in the early hours of Nov. 12 when he called the...
Mortgage Application Activity and Forbearance Levels on the Rise

Mortgage Application Activity and Forbearance Levels on the Rise

by Phil Hall | Nov 20, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were on the rise in the latest from the Mortgage Bankers Association (MBA) covering the week ending Nov. 15. However, another MBA report pointed to the fifth consecutive monthly uptick in forbearance levels. The Market Composite Index, the MBA’s...
Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate

Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate

by Phil Hall | Nov 20, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investor Bo Belmont and his company, Belwood Investments, have made a $30 million offer on the Los Angeles home of the jailed music mogul Sean “Diddy” Combs. Combs acquired his Holmby Hills estate in 2014 for $39 million and listed it at $60...
Mid-Atlantic Brokerages Announce Merger

Mid-Atlantic Brokerages Announce Merger

by Phil Hall | Nov 20, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Two Mid-Atlantic real estate brokerages, The Kat Geralis Home Team (KGHT) of Wilmington, Delaware, and The Redux Group of Fairfax, Virginia, have announced a strategic merger. According to the companies, the newly combined brokerages represent more than $1.5 billion...
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