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Q1 Mortgage Lending at Lowest Level Since 2000

Q1 Mortgage Lending at Lowest Level Since 2000

by Phil Hall | Jun 6, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The first quarter of 2024 saw the lowest level of home mortgage lending since 2000, according to new data from ATTOM. A total of 1.28 million mortgages secured by residential property were issued in the first three months of the year, down 6.8% from the previous...
European Central Bank Cuts Interest Rate for First Time in Nearly Five Years

European Central Bank Cuts Interest Rate for First Time in Nearly Five Years

by Phil Hall | Jun 6, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The European Central Bank (ECB) has announced its first interest rate cut in nearly five years, whittling down its key rate to 3.75% from the record high 4.0% level reached last September. “Based on an updated assessment of the inflation outlook, the dynamics of...
Detroit Woman Pleads to Operating as an Unlicensed Real Estate Agent

Detroit Woman Pleads to Operating as an Unlicensed Real Estate Agent

by Phil Hall | Jun 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A Detroit woman who conducted business as an unlicensed real estate agent pled no contest to one felony and two misdemeanors. According to office of Michigan Attorney General Dana Nessel, Krystal Davis was operating Card Property Management LLC, when she entered into...
Tech Trends: Building Partnerships, Expanding Data Resources

Tech Trends: Building Partnerships, Expanding Data Resources

by Phil Hall | Jun 5, 2024 | News/Current Events, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

A quartet of tech solutions introduced earlier this week are in the Tech Trends spotlight. Creating New Partnerships. Homebot, a Denver-headquartered homeownership intent platform, announced its launch of Partner Intel, which is designed to partner loan officers with...
Muhammad Ali’s Childhood Home in Louisville Listed for Sale

Muhammad Ali’s Childhood Home in Louisville Listed for Sale

by Phil Hall | Jun 5, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The childhood home of Muhammad Ali in Louisville, Kentucky, has been listed for sale at $1.5 million as part of a three-property parcel. According to an Associated Press report, the boxing champion was still living in the 3,363-square-foot pink house when he gained...
Toronto Home Sales and Prices Declined in May

Toronto Home Sales and Prices Declined in May

by Phil Hall | Jun 5, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Greater Toronto Area recorded 7,013 home sales in May, according to new data from the through the Toronto Regional Real Estate Board (TRREB). This represented a 21.7% drop from the 8,960 sales reported in May 2023. The drop in sales was seesawed with a rise in new...
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