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Zillow Home Loans Debuts 1% Down Payment Program

Zillow Home Loans Debuts 1% Down Payment Program

by Phil Hall | Aug 25, 2023 | Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Home Loans is rolling out its 1% Down Payment program that will enable home buyers to pay as little as 1% down on their next home purchase, with the company contributing an additional 2% at closing. The program is initially being offered on properties located...
Price on Connecticut Castle Slashed to $26 Million

Price on Connecticut Castle Slashed to $26 Million

by Phil Hall | Aug 24, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A modern-day castle in Connecticut that was first listed for sale nine years ago had its price discounted to $26 million. Realtor.com reported the 18,000-square-foot castle on a 75-acre lot in the town of Woodstock, Connecticut, that was purchased in 2003 for $167,500...
Report: 1 Million New Rental Housing Units to be Ready by 2025

Report: 1 Million New Rental Housing Units to be Ready by 2025

by Phil Hall | Aug 24, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The next two years are expected to see the completion of 1 million new rental housing units, according RentCafe’s annual Apartment Construction Report. Tapping into data from its sister company Yardi Matrix, RentCafe is forecasting 460,860 new apartments to open this...
Zombie Property Levels in Slight Rise

Zombie Property Levels in Slight Rise

by Phil Hall | Aug 24, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from ATTOM has determined there were roughly 1.3 million U.S. residential properties that are vacant, as of the third quarter of this year. That figure represents 1.3%, or one in 79 homes, across the nation, the same level as in the second quarter. ATTOM also...
Service Restored for Northern California MLS Networks After Cyberattack

Service Restored for Northern California MLS Networks After Cyberattack

by Phil Hall | Aug 23, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

More than 14,000 real estate agents, appraisers and related professionals in California’s North Bay and San Francisco markets are able to access online property listings again after a cyberattack paralyzed their multiple listing services. According to a report in the...
RE/MAX and CCIM Institute in New Partnership

RE/MAX and CCIM Institute in New Partnership

by Phil Hall | Aug 23, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

RE/MAX Holdings (NYSE:RMAX) has entered into a new partnership with the CCIM Institute, a provider of commercial real estate education. Under this partnership, RE/MAX affiliates can now access educational resources at discounted rates through RE/MAX University and the...
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