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Housing Purchase Deals Being Canceled at Record Rate

Housing Purchase Deals Being Canceled at Record Rate

by Phil Hall | Jul 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing market has developed a massive case of cold feet as home purchase transactions are being canceled at a record rate, according to new data from Redfin (NASDAQ:RDFN). During June, Redfin recorded nearly 56,000 home-purchase agreements cancelations, equal to...
Fannie Mae: Home Price Growth to Moderate as Listings Expand

Fannie Mae: Home Price Growth to Moderate as Listings Expand

by Phil Hall | Jul 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Although home price growth was stronger than expected during the second quarter, prices are likely to moderate and close out 2024 and 2025 at annual rates of 6.1% and 3.0%, respectively, according to the July 2024 commentary from the Fannie Mae (OTCQB:FNMA) Economic...
Pretium Raises $1.5 Billion with Sixth Single-Family Housing Fund

Pretium Raises $1.5 Billion with Sixth Single-Family Housing Fund

by Phil Hall | Jul 23, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Pretium, a New York City-headquartered investment firm with over $50 billion in assets under management, has closed its sixth single-family housing fund above target with $1.5 billion in aggregate commitments to create more affordable housing. According to the firm,...
Trump Seeks Reduction or Dismissal of $454 Million Judgment in Real Estate Valuation Fraud Case

Trump Seeks Reduction or Dismissal of $454 Million Judgment in Real Estate Valuation Fraud Case

by Phil Hall | Jul 23, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Lawyers representing former President Donald Trump have filed an appeal seeking to either reduce or dismiss the $454 million judgment levied earlier this year in the New York City-based civil fraud case related to the valuations of his real estate assets. The New York...
A Phil Hall Op-Ed: A Couple of Obnoxious Real Estate Agents on Social Media

A Phil Hall Op-Ed: A Couple of Obnoxious Real Estate Agents on Social Media

by Phil Hall | Jul 22, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Last week, I came upon two posts on X (formerly Twitter) that called out real estate agents who took to social media to share vile thoughts. The conservative-focused account Libs of TikTok called out Colleen Payne, who identified herself as a...
Sidekick in New Partnership with New York’s OneKey MLS

Sidekick in New Partnership with New York’s OneKey MLS

by Phil Hall | Jul 22, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Sidekick, the artificial intelligence (AI)-powered assistant for real estate professionals, has announced a strategic partnership with OneKey MLS. Under the terms of the partnership, Sidekick’s integrated datasets and AI-powered workflow tools will be made...
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