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New Platform Focused on Encouraging Women’s Homeownership

New Platform Focused on Encouraging Women’s Homeownership

by Phil Hall | Oct 28, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single Lady Estates, a Los Angeles company focused on encouraging and supporting women’s homeownership, announced the official launch of its platform. According to the company, the new platform will offer information, resources, and community support throughout the...
Forecast: Mortgage Origination to Reach $2.3 Trillion in 2025

Forecast: Mortgage Origination to Reach $2.3 Trillion in 2025

by Phil Hall | Oct 28, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Total mortgage origination volume is expected to increase to $2.3 trillion in 2025 from the $1.79 trillion expected in 2024, according to a forecast from the Mortgage Bankers Association (MBA). In the new forecast, purchase originations will increase 13% to $1.46...
Hits and Misses for the Real Estate Week of Oct. 21-25

Hits and Misses for the Real Estate Week of Oct. 21-25

by Phil Hall | Oct 25, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The crossroads of politics and real estate, a new wave of restaurant closings and rats ruling in Chicago. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 21-25. Miss: Getting Data on Migrant Housing. Earlier this week,...
Maine Home Sales and Prices Continue to Rise

Maine Home Sales and Prices Continue to Rise

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

A total of 1,486 homes were sold in Maine during September, up 5.39% from the 1,410 transactions recorded one year earlier. According to data from the Maine Association of Realtors, the state’s median sales price last month was $409,450, up 8.68% from the $376,750...
LA Home Where Matthew Perry Died Sold in Off-Market Deal

LA Home Where Matthew Perry Died Sold in Off-Market Deal

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

The Los Angeles home where “Friends” star Matthew Perry died was sold for $8.55 million. The New York Times reported the property was acquired by Anita Verma-Lallian, who owns the commercial real estate service Arizona Land Consulting and the film production firm...
Mortgage Rates Are Climbing Again

Mortgage Rates Are Climbing Again

by Phil Hall | Oct 24, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates were on the rise once more in the new Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.54% as of Oct. 24, up from last week when it averaged 6.44%. A year ago at this time, it averaged...
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