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Janine Lind to Become President of Enterprise Community Development

Janine Lind to Become President of Enterprise Community Development

by Phil Hall | Mar 20, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Enterprise Community Development Inc. (ECD), a nonprofit owner and developer of affordable homes in the Mid-Atlantic and an affiliate of Enterprise Community Partners, announced that Janine Lind will become its new president starting April 29. Lind will be based out...
Federal Reserve Keeps Interest Rates Steady

Federal Reserve Keeps Interest Rates Steady

by Phil Hall | Mar 20, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

For the fifth consecutive month, the Federal Reserve opted to hold interest rates in place. The central bank’s policy making Federal Open Market Committee voted unanimously to keep its benchmark overnight borrowing rate in a range between 5.25% and 5.5%, which is...
NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices

NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices

by Phil Hall | Mar 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) called out President Biden for misrepresenting how real estate professionals do their jobs. In a campaign speech delivered yesterday in Nevada, the president alluded to NAR’s $418 million settlement of the...
Mortgage Applications Down by 1.6%

Mortgage Applications Down by 1.6%

by Phil Hall | Mar 20, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were in decline last week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 1.6% on a seasonally adjusted basis from one week earlier...
Chicago Voters Reject ‘Mansion Tax’ Referendum

Chicago Voters Reject ‘Mansion Tax’ Referendum

by Phil Hall | Mar 20, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Chicago voters rejected the referendum on the so-called “mansion tax” designed to increase the real estate transfer tax on residential and commercial properties sold for $1 million and higher. The Associated Press, citing a 98% return on ballots, reported the...
RESAAS’ Coming Soon Listings to be Published on Zillow’s Site

RESAAS’ Coming Soon Listings to be Published on Zillow’s Site

by Phil Hall | Mar 20, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Vancouver-headquartered RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a provider of technology solutions for the real estate industry, announced a new partnership with Zillow Group (NASDAQ: Z, ZG) that will allow the Coming Soon listings posted inside RESAAS to be...
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