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Texas Metros Top New Study for Best Real Estate Markets

Texas Metros Top New Study for Best Real Estate Markets

by Phil Hall | Aug 22, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The best real estate markets in the country can be found (clap clap clap clap) deep in the heart of Texas, according to a new data study from WalletHub. The foundation of WalletHub’s 2023 Best Real Estate Markets report, 300 cities were evaluated across a 17-metric...
MBA: Loans in Forbearance Account for 0.39% of Servicers’ Portfolio Volume

MBA: Loans in Forbearance Account for 0.39% of Servicers’ Portfolio Volume

by Phil Hall | Aug 22, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The total number of loans in forbearance during July totaled approximately 195,000, according to data from the Mortgage Bankers Association (MBA). This represents a 5-basis-point decline from 0.44% of servicers’ portfolio volume in June to 0.39% in July. In July 2023,...
Mill Creek Residential Expands Into Utah Market

Mill Creek Residential Expands Into Utah Market

by Phil Hall | Aug 22, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mill Creek Residential, a developer, owner-operator and investment manager specializing in rental housing, announced its expansion into Utah and the greater Salt Lake City market. Mill Creek’s regional office in Salt Lake City is the 21st for the company. Tyler...
A Phil Hall Op-Ed: 5 Housing Questions to Ask at the GOP Presidential Debate

A Phil Hall Op-Ed: 5 Housing Questions to Ask at the GOP Presidential Debate

by Phil Hall | Aug 21, 2023 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: For some reason, I wasn’t invited to be a moderator at Wednesday’s Republican presidential primary debate – obviously, I need to talk to Rupert Murdoch about that oversight. However, if I was in the position to ask questions of the individuals...
Cindy Chance Named CEO at The Appraisal Institute

Cindy Chance Named CEO at The Appraisal Institute

by Phil Hall | Aug 21, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Appraisal Institute, the Chicago-headquartered professional association of real estate appraisers, has named Cindy Chance to become its next CEO. Chance most recently served as executive vice president and member of the leadership team of the Urban Land Institute....
Rent Prices Continue Downward Trend

Rent Prices Continue Downward Trend

by Phil Hall | Aug 21, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

July represented the third consecutive month of year-over-year declines in rental housing prices, according to data from Realtor.com. While the median asking rent in the 50 largest metros increased $15 to $1,759 from June to July, it nonetheless remains down $18 from...
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