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Affordable Homeownership Strangled by Tighter Credit, Low Inventory

Affordable Homeownership Strangled by Tighter Credit, Low Inventory

by Phil Hall | Jun 5, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Affordable homeownership opportunities continue to be an elusive concept, with new data from Black Knight Inc. (NYSE:BKI) that found all of the nation’s 100 largest markets remain less affordable than their respective long-term averages. The new data study determined...
C-Suite Shake-ups at loanDepot

C-Suite Shake-ups at loanDepot

by Phil Hall | Jun 5, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

loanDepot, Inc. (NYSE: LDI) has announced organizational changes within its leadership ranks. David Hayes has been appointed chief financial officer, effective June 26, and will be based out of the company’s headquarters in Irvine, California. He joins loanDepot from...
More Than Half of Americans Report Local Retail Crime is Rising

More Than Half of Americans Report Local Retail Crime is Rising

by Phil Hall | Jun 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The retail sector is dealing with a significant loss of consumer confidence, as a new survey from the National Retail Federation (NRF) found more than half (53%) of Americans stating retail crimes such as shoplifting and looting stores have increased in their...
AirBNB Sues NYC Over Short-Term Rental Rules, Calling Them a ‘De Facto Ban’

AirBNB Sues NYC Over Short-Term Rental Rules, Calling Them a ‘De Facto Ban’

by Phil Hall | Jun 5, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Airbnb Inc. (NASDAQ:ABNB) is suing New York City over a 2022 law that the company said creates an unofficial ban on short-term rentals in the city. The law requires owners of properties seeking to engage in short-term rental to register with the mayor’s office and to...
Hits and Misses for the Real Estate Week of May 29-June 2

Hits and Misses for the Real Estate Week of May 29-June 2

by Phil Hall | Jun 2, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The world’s richest man talks about real estate, a tenant pulls a fast one on his trusting landlord and a historic theater gets a new lease on life. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Hit: Mr. Musk Weighs...
Mariah Carey Sells Atlanta Mansion at Discounted Price

Mariah Carey Sells Atlanta Mansion at Discounted Price

by Phil Hall | Jun 2, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mariah Carey hit a decidedly off-key note in the effort to sell her Atlanta mansion. According to the Atlanta Journal-Constitution, the Grammy-winning music star acquired her 4-acre property featuring a 12,575-square-foot residence with nine bedrooms and nine...
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