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Mortgage Credit Availability Down in December to 11-Year Low

Mortgage Credit Availability Down in December to 11-Year Low

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

Mortgage credit availability decreased in December, according to new data from the Mortgage Bankers Association (MBA). The trade organization’s Mortgage Credit Availability Index (MCAI) dropped by 4.6% last month to 92.1 – the index was benchmarked at 100 in March...
Landsea Homes Corp. Acquires Antares Homes for $232.2 Million

Landsea Homes Corp. Acquires Antares Homes for $232.2 Million

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

The Dallas-headquartered residential homebuilder Landsea Homes Corp. (NASDAQ: LSEA) is acquiring Antares Homes, a Dallas-Fort Worth based homebuilder for $232.2 million in cash, which includes repayment of an anticipated $47.2 million of Antares Homes debt. Upon...
RE/MAX Added 24 U.S. Offices During Q4 2023

RE/MAX Added 24 U.S. Offices During Q4 2023

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

RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE:RMAX), announced that it added 24 offices in its U.S. company-owned regions during the fourth quarter of 2023, bringing nearly 330 agents to the brand. The recent additions are a mix of eight new brokerage openings,...
A Phil Hall Op-Ed: Elon Musk, Housing and Illegal Immigrants

A Phil Hall Op-Ed: Elon Musk, Housing and Illegal Immigrants

by Phil Hall | Jan 8, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: If you follow Elon Musk on his social media platform X (formerly Twitter), you are aware of his critical comments on how the Biden administration is handling the southern border. On Jan. 4, Musk posted this comment: “At this point, there is no...
Tech Trends: Is Your Scheduling Automated? If Not, You’re Wasting Time

Tech Trends: Is Your Scheduling Automated? If Not, You’re Wasting Time

by Tony Garritano | Jan 8, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

Tech Trends: The old saying “time is money” is so true. Today’s real estate professionals can’t manage their schedule on a piece of paper effectively. In this case, technology is essential. As you look at the right tool to get this done, here are two tools that...
$32 Million Property Sale Breaks Record in Tennessee

$32 Million Property Sale Breaks Record in Tennessee

by Phil Hall | Jan 8, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Tennessee housing market had a record-breaking transaction with the $32 million residential property sale. The 50-acre property located in Belle Meade, a Nashville suburb, features a 19,811-square-foot mansion with five bedrooms and 10 bathrooms. According to the...
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