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S&P Case-Shiller: Home Prices Are Rising Again

S&P Case-Shiller: Home Prices Are Rising Again

by Phil Hall | May 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest data from the S&P CoreLogic Case-Shiller Indices show a continued recovery for U.S. housing prices, with all 20 major metro markets tracked for analysis reporting month-over-month price increases. The U.S. National Index posted a 1.3% month-over-month...
State Farm Ends Home Insurance Sales in California

State Farm Ends Home Insurance Sales in California

by Phil Hall | May 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

State Farm General Insurance Co. has ceased accepting new applications in California for business and personal lines property and casualty insurance, effective May 27. In an unattributed press statement, the company said it “made this decision due to historic...
New Investment Platform Focuses on Manufactured Housing Communities

New Investment Platform Focuses on Manufactured Housing Communities

by Phil Hall | May 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Madison Ventures+ (MV+), a private/venture equity firm based in West Palm Beach, Florida, has unveiled M2 Communities (M2C), an investment platform focused on manufactured housing communities. The company has teamed with San Diego-based Muskoka Capital Partners on the...
Closinglock Debuts ID Verification Solution for Real Estate and Title Agencies

Closinglock Debuts ID Verification Solution for Real Estate and Title Agencies

by Phil Hall | May 30, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closinglock, an Austin-based provider of fraud prevention solutions for the real estate industry, has introduced a new identity verification solution for real estate firms and title agencies. The new solution includes the ability to identify fake driver’s...
Study: Increased Home Construction Will Fuel Furniture Sales

Study: Increased Home Construction Will Fuel Furniture Sales

by Phil Hall | May 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. home furniture market is predicted to grow by $13.32 billion over the next four years, a 3.7% compound annual growth rate, according to a new forecast by Technavio. “Improving residential construction market is notably driving the U.S. home furniture market...
Suzanne Somers’ Former Palm Springs Estate Listed for $12.9 Million

Suzanne Somers’ Former Palm Springs Estate Listed for $12.9 Million

by Phil Hall | May 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Palm Springs, California-based property that was once the home of “Three’s Company” star Suzanne Somers has been listed for sale at $12.9 million. The 28-acre property includes five buildings encompassing a total of 7,280 square feet and is located along a craggy...
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