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Mortgage Applications Down by 1.6%

Mortgage Applications Down by 1.6%

by Phil Hall | Mar 20, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were in decline last week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 1.6% on a seasonally adjusted basis from one week earlier...
Chicago Voters Reject ‘Mansion Tax’ Referendum

Chicago Voters Reject ‘Mansion Tax’ Referendum

by Phil Hall | Mar 20, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Chicago voters rejected the referendum on the so-called “mansion tax” designed to increase the real estate transfer tax on residential and commercial properties sold for $1 million and higher. The Associated Press, citing a 98% return on ballots, reported the...
RESAAS’ Coming Soon Listings to be Published on Zillow’s Site

RESAAS’ Coming Soon Listings to be Published on Zillow’s Site

by Phil Hall | Mar 20, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Vancouver-headquartered RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a provider of technology solutions for the real estate industry, announced a new partnership with Zillow Group (NASDAQ: Z, ZG) that will allow the Coming Soon listings posted inside RESAAS to be...
Agents Prepare for Worst in Wake of NAR Settlement Offer

Agents Prepare for Worst in Wake of NAR Settlement Offer

by Rick Grant | Mar 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market

While the ink isn’t even on the paper yet, much less dry, the recent $418 million settlement offer by the National Association of Realtors (NAR) (which it called an “agreement reached” in its press release) has experienced real estate agents expecting the...
NYC Homeowner Arrested for Trying to Evict Squatters from Her Property

NYC Homeowner Arrested for Trying to Evict Squatters from Her Property

by Phil Hall | Mar 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A New York City homeowner was arrested for attempting to evict squatters from her property. WABC-TV reported Adele Andaloro inherited her family’s home in the Flushing section of Queens and was in the process of selling it when she discovered two male squatters moved...
California Home Sales Up 12.8%

California Home Sales Up 12.8%

by Phil Hall | Mar 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 290,020 in February, according to new data from the California Association of Realtors (CAR). This represented a 12.8% increase from the...
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