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UK Mortgage Rate Hits 15-Year High

UK Mortgage Rate Hits 15-Year High

by Phil Hall | Jul 11, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The U.K.’s average two-year fixed residential mortgage rate reached 6.66% today, the highest level since August 2008 when it soared to 6.94%. According to a Reuters analysis of data from Moneyfacts, today’s rate is slightly above the 6.65% from last October that was...
A Phil Hall Op-Ed: Is TikTok the Right Platform for Real Estate Sales?

A Phil Hall Op-Ed: Is TikTok the Right Platform for Real Estate Sales?

by Phil Hall | Jul 10, 2023 | A Phil Hall Op-Ed, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

I have yet to succumb to the digital charms of TikTok. My aversion to this platform can be traced to multiple reasons: I am already spending too much time on other social media sites without getting very much in the way of professional or personal satisfaction from...
Black Knight’s Home Price Index Hits New Record High

Black Knight’s Home Price Index Hits New Record High

by Phil Hall | Jul 10, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Home Price Index published by Black Knight Inc. (NYSE:BKI) reached a new record peak in May, with 27 of the 50 major markets tracked by the company either reaching new highs or returning to prior home price peaks. May’s 0.7% seasonally adjusted monthly...
Jason Lewis Named Managing Director and Portfolio Manager at Pretium

Jason Lewis Named Managing Director and Portfolio Manager at Pretium

by Phil Hall | Jul 10, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Pretium, a New York City-based specialized investment firm focused on U.S. residential real estate, residential credit and corporate credit, has hired Jason Lewis as a managing director and portfolio manager on its real estate team, focused on the performance and...
The World’s Most Livable City Is…

The World’s Most Livable City Is…

by Phil Hall | Jul 10, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Austrian capital of Vienna and the Syrian capital of Damascus are literally worlds apart, according to the new survey by The Economist of the world’s most livable cities. The survey rated living conditions in 173 cities across five categories: stability, health...
Treasury Dept.’s Homeowner Assistance Fund Distributed $1.2 Billion in Q1

Treasury Dept.’s Homeowner Assistance Fund Distributed $1.2 Billion in Q1

by Phil Hall | Jul 10, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of the Treasury reported that its Homeowner Assistance Fund (HAF) programs distributed $1.2 billion in assistance to households during the first quarter of the year, a 50% increase over the fourth quarter of 2022. The HAF was authorized by the...
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