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Jury Finds NAR Guilty in Sitzer/Burnett Case

Jury Finds NAR Guilty in Sitzer/Burnett Case

by Phil Hall | Oct 31, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) was found guilty by a jury in Kansas City of artificially maintaining high commission rates through its Clear Cooperation Rule. The trade group, along with co-defendants HomeServices of America and Keller Williams, were...
Fear Not, Zombie Foreclosures Pose No Great Risk

Fear Not, Zombie Foreclosures Pose No Great Risk

by Phil Hall | Oct 31, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There were roughly 1.3 million vacant residential properties, representing 1.27% or one in 78 homes in the U.S., during the fourth quarter of this year according to new data from ATTOM. The fourth quarter data is virtually the same as in the third quarter of this...
Parks Hospitality Holdings Acquires the Historic Boston Park Plaza

Parks Hospitality Holdings Acquires the Historic Boston Park Plaza

by Phil Hall | Oct 31, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Parks Hospitality Holdings (PHH), a hospitality developer and hotel owner, has acquired the historic Boston Park Plaza. The 1,060-key property, located in the city’s central Back Bay neighborhood, opened in 1927 as The Statler Hotel. Its ownership changed hands over...
S&P CoreLogic Case-Shiller: Home Prices Continue to Rise

S&P CoreLogic Case-Shiller: Home Prices Continue to Rise

by Phil Hall | Oct 31, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 2.6% annual change in August, up from a 1% change in the previous month. The 10-City Composite showed an increase of 3%, up from a 1% increase in the previous month, while the 20-City...
A Phil Hall Op-Ed: A Few Words on Mohamed Hadid’s Hateful Posting

A Phil Hall Op-Ed: A Few Words on Mohamed Hadid’s Hateful Posting

by Phil Hall | Oct 30, 2023 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Over the weekend, social media was aflutter with a posting by the Beverly Hills real estate developer Mohamed Hadid, who has 1.3 million Instagram followers. While Hadid is highly respected in the real estate world, a lot of his social media...
New Phase of 258 Lots Added to Texas’ Elevon Community

New Phase of 258 Lots Added to Texas’ Elevon Community

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

Qualico Communities DFW and Pacesetter Homes DFW announced plans to launch a new phase of 258 lots within Elevon, a master-planned community with more than 4,000 homes in Lavon, Texas. Pacesetter Homes will build five different home styles on four different lot sizes....
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