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MRI Software Acquires Insurent, a Guarantor Insurance Services Provider

MRI Software Acquires Insurent, a Guarantor Insurance Services Provider

by Phil Hall | Jun 25, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

MRI Software, a Solon, Ohio-headquartered provider of real estate software solutions, has acquired New York City-based Insurent, a lease guarantor provider for renters, landlords, property owners and real estate brokers. The financial terms of the acquisition were not...
Hyatt Adds Two Hotels to New Orleans Portfolio

Hyatt Adds Two Hotels to New Orleans Portfolio

by Phil Hall | Jun 25, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hyatt Hotels Corporation (NYSE: H) is expanding its brand presence in New Orleans with the addition of two properties to its portfolio of affiliated hotels – the Maison Métier (formerly Maison de la Luz) and The Barnett (formerly Ace Hotel New Orleans). The properties...
Did a Russian Ransomware Gang Breach the Federal Reserve?

Did a Russian Ransomware Gang Breach the Federal Reserve?

by Phil Hall | Jun 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Russian ransomware group LockBit claimed it hacked the Federal Reserve and will release the central bank’s confidential data, although independent confirmation of the alleged attack has not surfaced. According to combined media reports, the group made the claim on...
Data Study Warns of Widespread Brokerage Unprofitability After NAR Settlement Goes Into Effect

Data Study Warns of Widespread Brokerage Unprofitability After NAR Settlement Goes Into Effect

by Phil Hall | Jun 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A new data study is predicting more than three-quarters of brokerages could become unprofitable if the industry fails to transform their operations once the National Association of Realtors’ (NAR) settlement changes how commissions are structured. The study by...
New Study Ranks the Best and Worst Markets for Real Estate Agents

New Study Ranks the Best and Worst Markets for Real Estate Agents

by Phil Hall | Jun 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Question: What are the best markets for today’s real estate agents? A new study has come up with some surprising answers. Clever Real Estate focused on the nation’s 50 most populous metro areas and number-crunched a series of metrics that included affordability,...
Case-Shiller: Home Prices Reach Another New High

Case-Shiller: Home Prices Reach Another New High

by Phil Hall | Jun 25, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest Case-Shiller data points to a housing market where prices continue set record highs. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.3% annual gain in April, down from 6.5% the previous month. The 10-City Composite annual...
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