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Dallas’ Whitestone Uptown Tower LLC Files for Chapter 11 Bankruptcy

Dallas’ Whitestone Uptown Tower LLC Files for Chapter 11 Bankruptcy

by Phil Hall | Dec 4, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Whitestone Uptown Tower LLC, the owner of the Uptown Tower office building in Dallas, announced it has filed a Chapter 11 voluntary petition for bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas. According to the company, the bankruptcy filing...
Freddie Mac Standardizes Down Payment Assistance Documents

Freddie Mac Standardizes Down Payment Assistance Documents

by Phil Hall | Dec 4, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) announced the availability of new, standardized mortgage documents designed to standardize down payment assistance (DPA) programs. Traditionally, subordinate lien documents were tailored to specific housing finance agencies (HFAs). In...
Tech Trends: Automating Change Management Is the Key to Success

Tech Trends: Automating Change Management Is the Key to Success

by Tony Garritano | Dec 4, 2023 | News/Current Events, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

Tech Trends: Two big events have hit the real estate world recently. First, the National Association of Realtors lost a big lawsuit that could force future changes to how real estate sales are done. Second, interest rates have been declining for five weeks straight....
Survey: Fewer Buyers Are Willing to Wait to Home Price and Mortgage Rate Declines

Survey: Fewer Buyers Are Willing to Wait to Home Price and Mortgage Rate Declines

by Phil Hall | Dec 4, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Prospective homebuyers may be running out of patience for home prices and interest rates to fall before buying property, according to new data from the Bank of America (NYSE:BAC) Homebuyer Insights Report. According to the report, 62% of buyers are willing to wait for...
Realtor.com Offers Forecast for 2024’s Top Housing Markets

Realtor.com Offers Forecast for 2024’s Top Housing Markets

by Phil Hall | Dec 4, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Realtor.com has released its list of the 2024 Top Housing Markets, with California metros among five of the top 19 rankings. According to Realtor.com, the markets poised to see the strongest combined increase in home sales and listing prices in the coming year are:...
A&G Plans to Offer Additional Rite Aid Store Leases in 11 States

A&G Plans to Offer Additional Rite Aid Store Leases in 11 States

by Phil Hall | Dec 4, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A&G Real Estate Partners, in its capacity as real estate advisor to Rite Aid Corp. (OTC:RADCQ), announced plans to market for sale an additional tranche of neighborhood pharmacy leases, pending approval by the U.S. Bankruptcy Court for the District of New Jersey....
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