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The Best City for Staycations Is…

The Best City for Staycations Is…

by Phil Hall | Jun 10, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

With inflation forcing many Americans to forgo summer vacation traveling, WalletHub considered the appeal of spending time off closer to home with its newly published list of 2024’s Best & Worst Cities for Staycations. WalletHub compared more than 180 cities...
RESAAS in New Marketing Pact with NetCo Title

RESAAS in New Marketing Pact with NetCo Title

by Phil Hall | Jun 10, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a Vancouver-headquartered provider of technology solutions for the real estate industry, has announced a partnership with NetCo Title, a Chicago-based provider of title and escrow services. Under the terms of the...
Housing Economists Offer Mixed Views of Latest Jobs Report

Housing Economists Offer Mixed Views of Latest Jobs Report

by Phil Hall | Jun 7, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Housing industry economists had mixed views of today’s data report from the U.S. Department of Labor that found the economy added more jobs than anticipated. During May, nonfarm payrolls expanded by 272,000, up from 165,000 in April and higher than a Dow Jones...
Canada Invests $1.5 Billion into Co-op Housing Program

Canada Invests $1.5 Billion into Co-op Housing Program

by Phil Hall | Jun 7, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government has introduced a new affordable housing initiative focused on the creation of thousands of co-op housing units. The Co‑operative Housing Development Program is a $1.5 billion endeavor created with the Co-operative Housing Federation of Canada...
Hoax Letters Claim Biden is Seizing Private Property for Migrant Housing

Hoax Letters Claim Biden is Seizing Private Property for Migrant Housing

by Phil Hall | Jun 7, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Residents of Edmonds, Washington, have been receiving hoax letters on the letterhead of the city government announcing their property is being seized to shelter illegal immigrants. The letters begin with this warning: “Upon the Biden administration’s suspending...
Q1 Home Equity Levels Up 9.6%

Q1 Home Equity Levels Up 9.6%

by Phil Hall | Jun 7, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. homeowners with mortgages saw their home equity increase by 9.6% year-over-year during the first quarter, according to data from CoreLogic. This represents a collective gain of $1.5 trillion and an average increase of $28,000 per borrower from one year earlier,...
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