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The Best Month and Day to Sell a Home Is…

The Best Month and Day to Sell a Home Is…

by Phil Hall | May 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data analysis by ATTOM of home sales over the past 13 years has concluded that sellers can snag the highest premiums if they put their properties on the market in May, February and April. ATTOM number-crunched 59 million single-family home and condo sales from...
New Data, Old Story: Home Prices Keep Going Up

New Data, Old Story: Home Prices Keep Going Up

by Phil Hall | May 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports have reaffirmed the continued acceleration of home prices. The national required household income to purchase the median priced home rose to $116,000 in April, after accounting for the cost of tax and insurance, according to new data from...
Florida Home Becomes TikTok Sensation Over Dungeon-Style Basement

Florida Home Becomes TikTok Sensation Over Dungeon-Style Basement

by Phil Hall | May 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Florida home for sale has gained an abnormally high level of attention on social media thanks to an unlikely feature: a dungeon-type basement hidden behind an iron-barred door. The Orlando Weekly reported the home at 18785 NW 240th St. in High Springs became a...
One Week After Settlement, HomeServices Faces New Commission Lawsuit

One Week After Settlement, HomeServices Faces New Commission Lawsuit

by Phil Hall | May 2, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

One week after it announced a $250 million settlement agreement to resolve concerns raised over real estate agent commissions, HomeServices of America, the real estate brokerage unit of Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A), is facing a new class action...
FHFA and HUD Announce New Reconsideration of Value Policies

FHFA and HUD Announce New Reconsideration of Value Policies

by Phil Hall | May 2, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) and the Department of Housing and Urban Development (HUD) have published their new Reconsideration of Value (ROV) policies to address concerns raised by potential disparities in residential property appraisals. An ROV is a...
First National Realty Partners Acquires Phoenix Shopping Center

First National Realty Partners Acquires Phoenix Shopping Center

by Phil Hall | May 2, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The private equity firm First National Realty Partners (FNRP) has completed its acquisition of Horizon Village, a 113,252-square-foot shopping center in Phoenix. The financial terms of the acquisition were not disclosed. The transaction marks the firm’s entrance...
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