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Budge Huskey on the NAR Settlement: Don’t Believe Everything You Read

Budge Huskey on the NAR Settlement: Don’t Believe Everything You Read

by Phil Hall | Mar 27, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Budge Huskey, the president and CEO of Premier Sotheby’s International Realty, has issued an eight-point statement that challenges assumptions raised the mainstream media about the $418 million settlement announced by the National Association of Realtors (NAR)....
Dolce & Gabbana Unveils Design for First US-Based Real Estate Project

Dolce & Gabbana Unveils Design for First US-Based Real Estate Project

by Phil Hall | Mar 27, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The luxury brand Dolce & Gabbana has previewed the design and flexible-residence details for 888 Brickell, its first U.S.-based real estate project and condo hotel. The Miami-based project is being created in collaboration with developer JDS Development Group –...
The Average Homeowner Spends Nearly $18,000 Annually on Non-Mortgage Expenses

The Average Homeowner Spends Nearly $18,000 Annually on Non-Mortgage Expenses

by Phil Hall | Mar 27, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average U.S. homeowner spends $17,958 each year on non-mortgage expenses, according to new research from Real Estate Witch, an online resource published by Clever Real Estate. The greatest expense involves utilities – the average homeowner spends $5,362 per year....
Mortgage Application Activity Slows to a Crawl

Mortgage Application Activity Slows to a Crawl

by Phil Hall | Mar 27, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was mostly flat last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.7% on a seasonally adjusted basis from one week...
Joe Rogan Condemns Squatter Policies as ‘Bananas’

Joe Rogan Condemns Squatter Policies as ‘Bananas’

by Phil Hall | Mar 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Joe Rogan has weighed in on the percolating controversy surrounding the increase in squatter activity, stating that local laws designed to protect squatters’ rights were “basically allowing people to steal other people’s homes.” In his Saturday show, the popular...
New Bill Seeks Reparations for Families Evicted for Dodger Stadium’s Construction

New Bill Seeks Reparations for Families Evicted for Dodger Stadium’s Construction

by Phil Hall | Mar 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new bill introduced in the California legislature seeks to provide reparations for 1,800 Los Angeles families that were forcibly evicted from their homes in the area where Dodger Stadium was constructed. According to combined media reports, the mostly...
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