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Wisconsin Home Prices Rise Amid Declining Sales and Fewer New Listings

Wisconsin Home Prices Rise Amid Declining Sales and Fewer New Listings

by Phil Hall | Jul 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Affordable homeownership continued to be an elusive concept in Wisconsin as declines in home sales and new listings fueled an increase in home prices. According to new data from the Wisconsin Realtors Association (WRA), June’s home sales were down 10.5%...
Mr. Cooper Pays $1.4 Billion For Flagstar’s Mortgage Operations

Mr. Cooper Pays $1.4 Billion For Flagstar’s Mortgage Operations

by Phil Hall | Jul 26, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Dallas-headquartered Mr. Cooper Group Inc. (NASDAQ: COOP) is acquiring the mortgage operations of Flagstar Bank for $1.4 billion. The acquisition encompasses Flagstar’s MSRs, advances, subservicing contracts, and a third-party origination platform. The purchase will...
MBA: Homebuyer Affordability Conditions Improve

MBA: Homebuyer Affordability Conditions Improve

by Phil Hall | Jul 26, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuyer affordability was slightly less onerous last month as the national median payment applied for by purchase loan applicants decreased to $2,167 from $2,219 in May, according to new data from the Mortgage Bankers Association (MBA). However, on a year-over-year...
Donald Cherry Named VP of Sustainability at eXp Realty

Donald Cherry Named VP of Sustainability at eXp Realty

by Phil Hall | Jul 26, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

eXp Realty, the Bellingham, Washington-based subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), has hired Donald Cherry as vice president of sustainability. In his new role, Cherry will be responsible for developing a comprehensive sustainability program for the...
Kroger and Albertsons Pause Merger

Kroger and Albertsons Pause Merger

by Phil Hall | Jul 26, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) are pausing their proposed $24.6 billion merger as federal and state lawsuits seek to block their union. The Wall Street Journal reports the supermarket giants agreed to a temporary injunction in a...
Williston Financial Group Adds 1031 Exchange

Williston Financial Group Adds 1031 Exchange

by Phil Hall | Jul 26, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Williston Financial Group (WFG), an Irvine, California-based provider of title insurance and real estate settlement services for commercial and residential transactions, has announced the availability of 1031 Exchange services through WFG 1031 LLC, a newly launched...
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