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Pop-Up Hotel to Open at New DC Multifamily Development

Pop-Up Hotel to Open at New DC Multifamily Development

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Placemakr, a flexible-use hospitality and multifamily operator, announced the upcoming launch of Placemakr Cathedral Heights, a pop-up hotel within the new Upton Place multifamily development at the former Fannie Mae office building in Washington, D.C. Created in...
Andrew Taffet Promoted to CEO at Carrington Companies

Andrew Taffet Promoted to CEO at Carrington Companies

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Carrington Companies, a holding company whose primary businesses include asset management, mortgages, real estate transactions and real estate logistics, has promoted Chief Investment Officer Andrew Taffet to CEO. Taffet succeeds company founder Bruce Rose, who will...
Outages Disrupt Service on Facebook and Instagram

Outages Disrupt Service on Facebook and Instagram

by Phil Hall | Mar 5, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Real estate professionals who rely on Facebook and Instagram for their social media marketing will be in for a rude surprise this morning as service on the two platforms was disrupted. According to the DownDetector site that tracks online outages, reports of problems...
Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The attorneys who scored a $1.8 billion court victory in the Sitzer/Burnett case against the National Association of Realtors (NAR) and several major brokerage firms appear to be taking a cue from the legendary Willie Sutton and are going where the money is – in this...
Realtor.com: More Affordable Homes Available in February

Realtor.com: More Affordable Homes Available in February

by Phil Hall | Mar 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Affordable homeownership opportunities in February were more abundant compared to one year earlier, according to Realtor.com’s housing report for February. Last month, homes in the $200,000 to $350,000 price range grew by 20.6% compared to February 2023,...
Redfin: Black Millennials Half as Likely to Own Homes as Whites

Redfin: Black Millennials Half as Likely to Own Homes as Whites

by Phil Hall | Mar 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

One-third (33%) of Black millennials own their home, compared to two-thirds (65%) of White millennials, according to a new data analysis by Redfin (NASDAQ:RDFN). This represents the largest disparity gap in homeownership among any generation. Redfin determined that...
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