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The State with the Highest Average Credit Score Is…

The State with the Highest Average Credit Score Is…

by Phil Hall | Nov 16, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Its official nickname is The North Star State and it is frequently referred to as The Land of 10,000 Lakes, but a new data study from WalletHub could result in a new moniker for Minnesota: The Credit Score State. In a number crunch of the average credit scores of...
Groundbreaking Ceremony for New Chicago Office Development

Groundbreaking Ceremony for New Chicago Office Development

by Phil Hall | Nov 16, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Reports of the office property sector’s fraying health don’t appear to have reached Chicago, as the construction company Skender joined developer Fulton Street Companies and community leaders today to celebrate the groundbreaking of 919 W Fulton St., a new 11-story...
Younger Buyers Expressing Greater Interest in ‘House Hacking’

Younger Buyers Expressing Greater Interest in ‘House Hacking’

by Phil Hall | Nov 16, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There is a growing trend among younger homebuyers – the pursuit of a property that enables them to engage in “house hacking,” a new phrase for renting out part or all of the residence for extra cash. According to a new survey by Zillow Group (NASDAQ:Z, ZG), most...
Guaranteed Rate Debuts ‘Lock It, List It’ Program for Real Estate Agents

Guaranteed Rate Debuts ‘Lock It, List It’ Program for Real Estate Agents

by Phil Hall | Nov 16, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Guaranteed Rate is now offering “Lock it, List it,” a program designed to help real estate agents excel during a challenging home sales market. According to the Chicago-based company, “Lock it, List it” provides real estate agents the...
Ray Ferguson Named Board Chairman at PropertyGuru Group

Ray Ferguson Named Board Chairman at PropertyGuru Group

by Phil Hall | Nov 16, 2023 | Industry Updates, News/Current Events, Person of the Week, WRE News Exclusive

PropertyGuru Group Ltd (NYSE: PGRU), a Singapre-based proptech, has announced the appointment by its board of directors of Ray Ferguson as an independent non-executive director and chairman of the board, effective on New Year’s Day. He succeeds Olivier Lim, who has...
CBRE Forecasts Hotel RevPAR Growth Recovery in 2024

CBRE Forecasts Hotel RevPAR Growth Recovery in 2024

by Phil Hall | Nov 16, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CBRE (NYSE:CBRE) is forecasting the lodging industry will record a growth in revenue per available room (RevPAR) during 2024 as inbound international travel further improves and sector-specific headwinds moderate. The company’s 3% RevPAR growth forecast for 2024 is...
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