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Tech Trends: A Quartet of Updated Offerings

Tech Trends: A Quartet of Updated Offerings

by Phil Hall | Apr 4, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

This week, Tech Trends considers updates to platforms and services aimed at real estate professionals and rental housing managers. New “Recipes” on S.MPLE. SERHANT. has announced the latest enhancements to S.MPLE, an administrative work platform designed...
Mortgage Rates Still Hovering Near the 7% Level

Mortgage Rates Still Hovering Near the 7% Level

by Phil Hall | Apr 4, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC) found rates stuck near the 7% level. The 30-year fixed-rate mortgage averaged 6.82% as of April 4, up from last week when it averaged 6.79%. A year ago at this time, it averaged 6.28%....
Northeast and Midwest Lead the Nation with Highest Property Taxes

Northeast and Midwest Lead the Nation with Highest Property Taxes

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

Property taxes levied on U.S. single-family homes totaled $363.3 billion in 2023, up 6.9% from $339.8 billion in 2022. According to data from ATTOM, the increase was almost double the 3.6% growth rate in 2022 and was the largest in the past five years. ATTOM also...
Guest Opinion: How Can We Improve the State of Affordable Housing?

Guest Opinion: How Can We Improve the State of Affordable Housing?

by Mary C. Daly | Apr 3, 2024 | Guest Opinion, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mary C. Daly is president and CEO of the Federal Reserve Bank of San Francisco. This article is adapted and edited from a recent presentation made at the 2024 National Interagency Community Reinvestment Conference in Portland. No matter where I go or who I talk to...
Tennessee Builder Teams with Internet Provider to Create 3,100 Wi-Fi-Ready Homes

Tennessee Builder Teams with Internet Provider to Create 3,100 Wi-Fi-Ready Homes

by Phil Hall | Apr 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Regent Homes, a homebuilder based in Middle Tennessee, has teamed with United Communications, a local internet provider, to create more than 3,100 Wi-Fi-ready homes in 2024. According to the companies, residents will have access to fast fiber internet connections...
Mortgage Application Activity is Down Again

Mortgage Application Activity is Down Again

by Phil Hall | Apr 3, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were down slightly in the latest data from the Mortgage Bankers Association (MBA) covering the week ending March 29. The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 0.6% on a seasonally adjusted...
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