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Trade Groups Ask Lawmakers for Action on Expanding Housing Supply

Trade Groups Ask Lawmakers for Action on Expanding Housing Supply

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

A coalition of trade organizations representing housing providers, lenders and residents sent a letter to the Biden administration and members of Congress detailing bipartisan policies that can cost-effectively expand housing supply while improving housing equity and...
Realeflow Debuts AI-based Lead Generation Platform

Realeflow Debuts AI-based Lead Generation Platform

by Phil Hall | Apr 30, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Realeflow, a Cleveland-based data and real estate software provider for real estate investors, agents and brokers, introduced Leadflow AI Agent, which is designed to allow agents and brokers to identify and market to homeowners who are considering the sale of their...
Backflip Closes $15 Million Series A Funding Round

Backflip Closes $15 Million Series A Funding Round

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

Backflip, the Dallas-headquartered real estate fintech, announced its closing of its $15 million Series A funding round. Backflip is designed to enable real estate investors to acquire and renovate single-family homes, with the goal of reselling the properties at a...
Florida Real Estate Broker Pleads Guilty for Disability Payment Fraud

Florida Real Estate Broker Pleads Guilty for Disability Payment Fraud

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

A real estate broker in Sarasota, Florida, pleaded guilty to federal charges that he collected nearly $300,000 in disability payments without reporting he was still actively employed. Allen R. Jenkins, 68, received United States Railroad Retirement disability payments...
Case-Shiller: Home Prices Spike in February

Case-Shiller: Home Prices Spike in February

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

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.4% annual gain for February, up from a 6.0% rise in the previous month. The 10-City Composite showed an increase of 8.0%, up from a 7.4% increase in the previous month, while the...
Fannie Mae Updates Equitable Housing Finance Plan

Fannie Mae Updates Equitable Housing Finance Plan

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

Fannie Mae (OTCQB: FNMA) released its annual update to the 2022-2024 Equitable Housing Finance Plan designed to eradicate barriers faced by historically underserved communities. The 2024 Plan outlines 23 specific actions that expand action from the plan’s first two...
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