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Mortgage Rates Keep Climbing to the 8% Mark

Mortgage Rates Keep Climbing to the 8% Mark

by Phil Hall | Oct 26, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage continued its ascent to the dreaded 8% level in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.79% as of Oct. 26, up from last week when it averaged 7.63%. A...
NYC’s Landmark Flatiron Building to be Converted Into Residences

NYC’s Landmark Flatiron Building to be Converted Into Residences

by Phil Hall | Oct 26, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of New York City’s most iconic office buildings is being transitioned into a new life as a luxury residential project. The Real Deal reported The Brodsky Organization has acquired a stake in the Flatiron Building, the triangular 22-story structure built in 1902 as...
Tech Trends: New Technology Helps You Really Know Your Customer

Tech Trends: New Technology Helps You Really Know Your Customer

by Tony Garritano | Oct 26, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

Tech Trends: Last week I talked about how Plunk is delivering a technology solution that will get every real estate professional more visibility into every property across this country. This is a huge problem that technology can solve. Plunk, for one, has stepped up...
Proptech NewHomesMate Expands Service to Atlanta

Proptech NewHomesMate Expands Service to Atlanta

by Phil Hall | Oct 26, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

NewHomesMate, a proptech startup focused on helping buyers acquire newly constructed homes, has expanded its service to the Atlanta market. According to the company, NewHomesMate will help Atlanta-area builders improve the marketing of their properties. “Providing 82%...
Southern First Bancshares Opens Dream Mortgage Center

Southern First Bancshares Opens Dream Mortgage Center

by Phil Hall | Oct 26, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Southern First Bancshares Inc. (NASDAQ: SFST), holding company for Southern First Bank, has opened its new Dream Mortgage Center in Columbia, South Carolina. According to the company, the Dream Mortgage Center was created to provide homebuyer education and outreach in...
Timothy Doman named EVP and Head of Real Estate for Workbox

Timothy Doman named EVP and Head of Real Estate for Workbox

by Phil Hall | Oct 26, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Workbox, a Chicago-based specialized workspace operator, has hired Timothy Doman as the company’s first executive vice president and head of real estate. In his new role, Doman will leverage more than 30 years of portfolio management experience across all major...
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