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Clint Eastwood’s Former Carmel Home Sells for $18.55 Million

Clint Eastwood’s Former Carmel Home Sells for $18.55 Million

by Phil Hall | Oct 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The former Carmel-by-the-Sea, California-based home of iconic actor and director Clint Eastwood was sold for $18.55 million. The Wall Street Journal reported the property was listed in August for $21 million by Frederick O’Such, a retired investor who bought the...
New Report Details Discrimination Against Section 8 Housing Voucher Tenants in California

New Report Details Discrimination Against Section 8 Housing Voucher Tenants in California

by Phil Hall | Oct 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A newly released investigation report has found California residents holding Section 8 housing vouchers were refused rental contracts by more than 200 landlords in the state. According to the Associated Press, the nonprofit Housing Rights Initiative filed complaints...
New Coalition Seeks to Address Racial Disparities in Homeownership

New Coalition Seeks to Address Racial Disparities in Homeownership

by Phil Hall | Oct 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A coalition of 14 trade associations, financial institutions and government-sponsored enterprises have joined forces to create the Convergence Collaboration, a new endeavor designed to address the issues that contribute to racial disparities in homeownership. Over the...
Mortgage Application Activity Slows Down

Mortgage Application Activity Slows Down

by Phil Hall | Oct 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed during the week ending Oct. 4, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.1% on a seasonally adjusted basis from one...
Lennar Expands Presence in North Carolina and Minnesota

Lennar Expands Presence in North Carolina and Minnesota

by Phil Hall | Oct 7, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Lennar Corporation (NYSE: LEN) has announced new communities planned for North Carolina and Minnesota. In North Carolina, the company acquired 2,194 homesites within the Caleb’s Creek master community in Kernersville. Spanning approximately 700...
Hits and Misses for the Real Estate Week of Sept. 30-Oct. 4

Hits and Misses for the Real Estate Week of Sept. 30-Oct. 4

by Phil Hall | Oct 4, 2024 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing on the debate stage, FEMA in a financial hole and a rapper’s heavily discounted home sale. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 30 to Oct. 4. Hit: Talking About Housing. Congratulations to CBS News...
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