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Forecast: Global Real Estate Software Market to Grow by $7 Billion Through 2028

Forecast: Global Real Estate Software Market to Grow by $7 Billion Through 2028

by Phil Hall | Aug 29, 2024 | International Real Estate News, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The global real estate software market is predicted to grow by $7.20 billion from 2024 through 2028 with a compound annual growth rate of 10.22%, according to a new forecast Technavio. The market’s potential expansion is attributed in part to technology advancements,...
Suspect in Toronto-Area Realtor’s Murder Believed to Have Fled Canada

Suspect in Toronto-Area Realtor’s Murder Believed to Have Fled Canada

by Phil Hall | Aug 29, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A suspect in the murder of a Toronto-area real estate agent may have already fled the country. CTV News reported that Zhixiong Marko Hu was wanted for first-degree murder in the death of Yuk-Ting (Anita) Mui, whose burned remains were found on Aug. 12 after she was...
California Senate Approves Bill to Expand Down Payment Program to Illegal Immigrants

California Senate Approves Bill to Expand Down Payment Program to Illegal Immigrants

by Phil Hall | Aug 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The California State Senate voted 23-11 to approve a bill that opens a state program for down payment assistance to illegal immigrants. However, it is unclear whether Gov. Gavin Newsom will sign or veto the bill. AB 1840 would require the California Dream for All...
Atlanta Fed Chief Recommends Waiting on Rate Cuts

Atlanta Fed Chief Recommends Waiting on Rate Cuts

by Phil Hall | Aug 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Federal Reserve Bank of Atlanta President Raphael Bostic is seeking to dial down the enthusiasm over a potential rate cut by the central bank next month, arguing there was no rush for such an action. Reuters reported that Bostic used a speech in Atlanta to declare he...
Mortgage Rates Drop Again

Mortgage Rates Drop Again

by Phil Hall | Aug 29, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.35% as of Aug. 29, down from last week when it averaged 6.46%. A year ago at this time, it averaged...
Police Dispute Claims That Venezuelan Crime Gang Took Over Denver-Area Apartment Complexes

Police Dispute Claims That Venezuelan Crime Gang Took Over Denver-Area Apartment Complexes

by Phil Hall | Aug 29, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The Denver Police Department has disputed reports that several local apartment complexes have been taken over by the Venezuelan gang Tren de Aragua after a video surfaced of gang members roaming through a building while openly carrying guns. In a statement shared on...
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