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William Ryan Homes to Open Model Homes in Four DFW-Area Communities

William Ryan Homes to Open Model Homes in Four DFW-Area Communities

by Phil Hall | Nov 14, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

William Ryan Homes, a Chicago-based homebuilder, announced it is opening model homes in four of its Dallas-Fort Worth area communities. West Crossing in Anna, Creekside in Royse City and Preserve at Pecan Creek in Denton are opening this week and Devonshire in Forney...
RE/MAX Names Erik Carlson as CEO

RE/MAX Names Erik Carlson as CEO

by Phil Hall | Nov 13, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

RE/MAX Holdings Inc. (NYSE: RMAX), parent company of RE/MAX and Motto Mortgage, named Erik Carlson as its new CEO and a member of its board of directors. Carlson was most recently president and CEO of DISH Network Corp., where he ran the company’s two largest...
Gannett Teams with Home Solutions on Media Endeavor Aimed at Homeowners

Gannett Teams with Home Solutions on Media Endeavor Aimed at Homeowners

by Phil Hall | Nov 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The media giant Gannett Co. Inc. (NYSE: GCI) and its flagship newspaper USA Today have announced a multi-year strategic partnership with Home Solutions, a digital media company aimed at providing vendor services to homeowners. The partnership will launch before the...
NAR: The Average Homebuyer Has a Six-Digit Household Income

NAR: The Average Homebuyer Has a Six-Digit Household Income

by Phil Hall | Nov 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Today’s average homebuyer has a six-digit household income, according to new data released by the National Association of Realtors (NAR). In a survey of roughly 6,800 buyers involved in real estate transactions between July 2022 and June 2023, NAR determined the...
New Jersey Father and Son Indicted in House Flipping Investor Scam

New Jersey Father and Son Indicted in House Flipping Investor Scam

by Phil Hall | Nov 13, 2023 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

New Jersey Attorney General Matthew J. Platkin announced the indictment of a father and son who allegedly defrauded investors and mortgage lenders of more than $2.5 million in a scam involving Jersey Shore real estate. George Bussanich Sr., 65, and his 43-year-old son...
Housing Affordability Index Crashes to Record Low

Housing Affordability Index Crashes to Record Low

by Phil Hall | Nov 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only 37.4% of new and existing homes sold during the third quarter were affordable to families earning the median income of $96,300, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Opportunity Index (HOI). This is down from...
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