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Q3 Investor Home Purchases at 7-Year Low

Q3 Investor Home Purchases at 7-Year Low

by Phil Hall | Nov 9, 2023 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Investor purchases of residential properties plummeted by 29.7% year-over-year during the third quarter, according to new data from Redfin (NASDAQ:RDFN). Investors purchased 48,667 homes between July and September, or 15.9% of all homes sold during that period, the...
Infosys and Better Team on Mortgage as a Service Offering

Infosys and Better Team on Mortgage as a Service Offering

by Phil Hall | Nov 9, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Infosys (NYSE: INFY) is collaborating with Better Home & Finance Holding Co. (NASDAQ:BETR, BETRW) to launch Mortgage as a Service (MaaS), an integrated end-to-end digital mortgage white-labelled platform. According to the companies, companies that adopt MaaS “can...
La Rosa Holdings in Referral Partnership with Janover

La Rosa Holdings in Referral Partnership with Janover

by Phil Hall | Nov 9, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

La Rosa Holdings Corp. (NASDAQ: LRHC), a holding company for seven agent-centric, technology-integrated, cloud-based, multi-service real estate companies, has entered into a strategic referral partnership agreement with Janover Inc. (Nasdaq: JNVR), an artificial...
1031 Crowdfunding Launches REIT Aimed at Senior Housing

1031 Crowdfunding Launches REIT Aimed at Senior Housing

by Phil Hall | Nov 9, 2023 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

1031 Crowdfunding, a real estate investing platform headquartered in Irvine, California, has launched its first real estate investment trust offering with Covenant Senior Housing REIT Inc. (CSHREIT). According to the company, CSHREIT is classified as a non-listed,...
More Than 80% of Metro Markets Saw Q3 Home Price Gains

More Than 80% of Metro Markets Saw Q3 Home Price Gains

by Phil Hall | Nov 9, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More than 80% of the major U.S. metro markets, or 182 out of 221, posted home price gains in the third quarter, according to data from the National Association of Realtors (NAR), which noted that 11% of the tracked metro areas registered double-digit price increases...
NAHB: Dept. of Energy is Making it Harder to Create Affordable Housing

NAHB: Dept. of Energy is Making it Harder to Create Affordable Housing

by Phil Hall | Nov 8, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) has called out the U.S. Department of Energy (DOE) for creating regulations that have negatively impacted efforts to address the production of affordable housing. In testimony delivered today before the U.S. House...
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