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NY Fed: Q2 Mortgage Debt Reached $12.52 Trillion

NY Fed: Q2 Mortgage Debt Reached $12.52 Trillion

by Phil Hall | Aug 6, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Total household debt increased by $109 billion in during the second quarter to $17.80 trillion, a 0.6% uptick, according to new data from the Federal Reserve Bank of New York. Regarding housing debt, the new data report found mortgage balances up by $77 billion from...
Healing Realty Trust in 3 New Preferred Real Estate Partnership Agreements

Healing Realty Trust in 3 New Preferred Real Estate Partnership Agreements

by Phil Hall | Aug 6, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Healing Realty Trust (HRT), a self-managed real estate investment company focused on purchasing healthcare-related real estate assets dedicated to serving the mental, behavioral, and physical health sectors, has entered into three new Preferred Real Estate Partnership...
Report: Denver Needs More than 500,000 Housing Units by 2050

Report: Denver Needs More than 500,000 Housing Units by 2050

by Phil Hall | Aug 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new report has concluded that Denver needs more housing – specifically, 52,000 housing units for the short-term and more than 500,000 by 2050. According to a Denver7.com report, the report from the Denver Regional Council of Governments (DRCOG), the demographic is...
Home Price Growth Continues to Cool

Home Price Growth Continues to Cool

by Phil Hall | Aug 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home price growth cooled for the second consecutive month in June as year-over-year gains inched down to 4.7%, according to new data from CoreLogic. This is down slightly from the 4.9% year-over-year gains in May. However, June also marked the 149th consecutive month...
Florida Realtors Disaster Relief Fund Accepting Applications for Hurricane Debby Damage

Florida Realtors Disaster Relief Fund Accepting Applications for Hurricane Debby Damage

by Phil Hall | Aug 6, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The Florida Realtors Disaster Relief Fund is now accepting applications for damage created by Hurricane Debby. The Disaster Relief Fund is available to realtors, realtor boards/associations and staff whose primary residential home or real estate office sustained...
Have Homebuyers Discovered Columbus?

Have Homebuyers Discovered Columbus?

by Phil Hall | Aug 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Columbus, Ohio, was ranked as the top location for homebuyers in Realtor.com’s newly published ranking of the “Most Popular Markets People Are Moving To.” “Using Realtor.com online traffic data, we identified markets that received the most...
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