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Fewer Zombie Foreclosures in Q2 Housing Market

Fewer Zombie Foreclosures in Q2 Housing Market

by Phil Hall | May 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly 1.3 million U.S. residential properties were vacant in the second quarter of this year, according to new data from ATTOM. This represents about 1.3%, or one in 79 homes, the same level as the first quarter. ATTOM also found 237,208 residential properties are...
Zillow Names Phoenix as the Best Housing Market for New College Graduates

Zillow Names Phoenix as the Best Housing Market for New College Graduates

by Phil Hall | May 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow (NASDAQ:Z, ZG) has dubbed Phoenix as the best housing market for this year’s college graduates. Zillow analyzed the nation’s major metro markets to determine the best combination of rental affordability and concessions, job prospects and a population of...
Goldman Sachs Executive Beth M. Hammack to Lead Cleveland Fed

Goldman Sachs Executive Beth M. Hammack to Lead Cleveland Fed

by Phil Hall | May 30, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve Bank of Cleveland announced the appointment of Beth M. Hammack as its next president and CEO, effective Aug. 21. Hammack will succeed Loretta J. Mester, whose tenure ends on June 30, as per Federal Reserve mandatory age and length-of-service...
Pee-wee’s Real-Life Playhouse Listed for $5 Million

Pee-wee’s Real-Life Playhouse Listed for $5 Million

by Phil Hall | May 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Los Angeles home of Paul Reubens, the comic actor known for playing the zany character Pee-wee Herman in films and television, has been listed for $4.995 million. The Wall Street Journal reported that Reubens purchased the 1.4-acre property in 1985 for $415,000...
Netflix Releases Trailer of Ryan Serhant Series ‘Owning Manhattan’

Netflix Releases Trailer of Ryan Serhant Series ‘Owning Manhattan’

by Phil Hall | May 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Netflix (NASDAQ:NFLX) has released the trailer for its latest real estate-focused reality series – “Selling Manhattan,” starring Ryan Serhant. The new eight-episode series launches on June 28. According to Netflix, “The reality series will follow Serhant and his elite...
Report: Nearly One-Quarter of Black Mortgage Applicants are Rejected

Report: Nearly One-Quarter of Black Mortgage Applicants are Rejected

by Phil Hall | May 29, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homeownership rate for Black households has grown faster than average since 2019, though it is still lower than its peak from 20 years ago. According to a new data report from Zillow (NASDAQ:Z, ZG), nearly 46% of Black households own their home, down from its...
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