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Michael Dell Lists His Boston Penthouse for $35 Million

Michael Dell Lists His Boston Penthouse for $35 Million

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

If you have $35 million and a desire to own a Boston penthouse, you can be on the receiving end of the statement “Dude, you’re getting a Dell.” The Wall Street Journal reported Michael Dell, chairman and CEO of Dell Technologies, is selling his two-story penthouse at...
New Senate Bill Seeks to Overturn FHFA’s LLPA Rule

New Senate Bill Seeks to Overturn FHFA’s LLPA Rule

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

U.S. Sens. Mike Braun (R-IN) and Roger Marshall (R-KS) have introduced the Middle Class Borrower Protection Act to reverse the Federal Housing Finance Agency’s (FHFA) recent mortgage rule that changed to the Loan-Level Price Adjustment (LLPA), which many critics...
Mortgage Rates Rise to Just Under 7%

Mortgage Rates Rise to Just Under 7%

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

Mortgage rates continued to rise and nearly hit the dreaded 7% mark, according to Freddie Mac’s (OTCQB:FMCC) latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.96% as of July 13, up from last week when it averaged 6.81%. A year ago at...
Ex-CEO Mark Willis Returns to Keller Williams as Strategic Consultant

Ex-CEO Mark Willis Returns to Keller Williams as Strategic Consultant

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

Keller Williams (KW) announced former CEO Mark Willis is returning to the Austin-headquartered company as a strategic consultant. Willis served as president of KW from 2002 to 2005 and as CEO from 2005 to 2015. While he continued to own KW franchises, Willis’...
HGTV’s Latest Show: Male Strippers Doing Home Renovations

HGTV’s Latest Show: Male Strippers Doing Home Renovations

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

Is HGTV running out of ideas for new programming, or have they tapped into a formula that personifies genius? Whatever the case, the cable network’s new “Flip the Strip” premiered on July 10 with the unlikeliest stars in the spotlight. The headliners for the Las...
Redfin: Home Prices Up for First Time in Nearly Five Months

Redfin: Home Prices Up for First Time in Nearly Five Months

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

The median home sale price increased year-over-year by 1.5% during the four weeks ending July 9, according to data from Redfin (NASDAQ:RDFN), which noted this was first increase in nearly five months. The median home sale price of $383,750 was only $2,500 below record...
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