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Tech Trends: The Latest Offerings in Real Estate Tech

Tech Trends: The Latest Offerings in Real Estate Tech

by Phil Hall | Jun 20, 2024 | News/Current Events, Real Estate News, Tech Trends, WRE News Exclusive

This week’s Tech Trends considers the latest developments on the digital side of the real estate industry. Getting Ready for Redy. Redy, an online marketplace for home sellers looking to choose a real estate agent, has launched in five markets. Home sellers in...
Healing Realty Trust Raises $25M in Series A Funding Round

Healing Realty Trust Raises $25M in Series A Funding Round

by Phil Hall | Jun 20, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Healing Realty Trust (HRT), a Jupiter, Florida-based real estate investment trust focused on healthcare-related properties in the mental, behavioral, and physical health sectors, has closed the first tranche of its $25 million Series A funding round. The company,...
Wisconsin Home Sales Up by 11%

Wisconsin Home Sales Up by 11%

by Phil Hall | Jun 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in Wisconsin during May were up by 11% year-over-year, according to new data from the Wisconsin Realtors Association (WRA). Last month, Wisconsin recorded 6,566 home sales, compared to 5,917 sales in May 2023. Wisconsin buyers had a greater selection of...
GOP Senators Reintroduce Bill Putting CFPB Funding Under Congressional Appropriation

GOP Senators Reintroduce Bill Putting CFPB Funding Under Congressional Appropriation

by Phil Hall | Jun 20, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

U.S. Sens. Katie Britt (R-AL) and Bill Hagerty (R-TN) have reintroduced legislation that would make the Consumer Financial Protection Bureau (CFPB) part of the congressional appropriation process. The proposed Consumer Financial Protection Bureau Accountability Act...
Knock.com in New Partnership with NFM Lending

Knock.com in New Partnership with NFM Lending

by Phil Hall | Jun 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The fintech Knock.com has partnered with NFM Lending to integrate the Knock Bridge Loan into the mortgage lender’s prequalification process. The Knock Bridge Loan can be used to make a down payment on a new home, pay down debt, cover repairs and moving costs....
Mortgage Rates Down for Third Straight Week

Mortgage Rates Down for Third Straight Week

by Phil Hall | Jun 20, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to slide in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.87% as of June 20, down from last week when it averaged 6.95%. A year ago at this time, it averaged 6.67%....
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