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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...
Hollywood A-Listers Seek to Revive Long-Vacant Historic NYC Theater

Hollywood A-Listers Seek to Revive Long-Vacant Historic NYC Theater

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

A historic New York City theater which has been vacant for nearly two decades may have a new lease on life via a coalition of Hollywood power players. IndieWire reports the Metro Theater in Manhattan’s Upper West Side is the subject of acquisition discussions led by...
Gov. Newsom Orders California Agencies to Dismantle Homeless Encampments

Gov. Newsom Orders California Agencies to Dismantle Homeless Encampments

by Phil Hall | Jul 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

California Gov. Gavin Newsom has ordered state and municipal agencies to being the dismantling thousands of homeless encampments across his state, where an estimated 180,000 people are unhoused. Newsom’s order follows last month’s Supreme Court ruling that...
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