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Redfin CEO to Trump: We Need More Homes Now!

Redfin CEO to Trump: We Need More Homes Now!

by Phil Hall | Nov 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Glenn Kelman, the CEO of Redfin (NASDAQ: RDFN), has a message for President-elect Donald Trump: Start powering the push for new home construction. Neither Kelman nor Redfin publicly endorsed Trump’s campaign. But in a blog posting on the Redfin website titled...
RE/MAX: Home Sales Jumped in October

RE/MAX: Home Sales Jumped in October

by Phil Hall | Nov 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales during October recorded a 6.7% increase from September and an 8.4% year-over-year rise, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). On a year-to-date measurement, RE/MAX reported 2024’s home sales exceeded 2023...
myCUmortgage in New Partnerships with Six Credit Unions

myCUmortgage in New Partnerships with Six Credit Unions

by Phil Hall | Nov 14, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

myCUmortgage, a wholly owned Credit Union Service Organization of Wright-Patt Credit Union in Beavercreek, Ohio, has announced partnerships with six credit unions that will enable these nonprofit financial institutions to expand their home loan services offerings. The...
NYC Council OKs Bill Shifting Broker Fee Payments from Tenants to Landlords

NYC Council OKs Bill Shifting Broker Fee Payments from Tenants to Landlords

by Phil Hall | Nov 13, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New York City Council passed a bill that will change the responsibility for broker fees from the renter tenant to the landlord. According to combined media reports, the legislation dubbed the Fairness in Apartment Rental Expenses (FARE) Act, requires landlords to...
Jason Momoa Warns He is Not Involved with a Hawaiian Real Estate Investment Scheme

Jason Momoa Warns He is Not Involved with a Hawaiian Real Estate Investment Scheme

by Phil Hall | Nov 13, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Hawaiian residents are being warned against a new wave of real estate investment scams, including one that pretends to include actor Jason Momoa. Hawaii’s Department of Commerce and Consumer Affairs issued a warning that the scams involve letters that are designed to...
Mortgage Application Activity in Mild Uptick

Mortgage Application Activity in Mild Uptick

by Phil Hall | Nov 13, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity inched up for the week ending Nov. 8, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.5% on a seasonally adjusted basis from one...
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