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Sheriff’s Office to Conduct Oklahoma’s First Online Foreclosure Auction

Sheriff’s Office to Conduct Oklahoma’s First Online Foreclosure Auction

by Phil Hall | Apr 25, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Oklahoma is on track to hold its first online mortgage foreclosure sale. The Sheriff’s Office in Osage County has selected Bid4Assets, an online marketplace for distressed real estate auctions, to host the auction, which will be the first following the passage of a...
A Phil Hall Op-Ed: The Case of the Flying Penguin

A Phil Hall Op-Ed: The Case of the Flying Penguin

by Phil Hall | Apr 24, 2023 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, WRE News Exclusive

There was a man who purchased a penguin as a pet. On his first day home with the penguin, he picked it up and said to it, “Penguin, I have a great idea. I would like you to fly around the room three times and land on my shoulder. Let’s make it happen.” The man gently...
Florida Home Sales Down While Prices Remain Elevated

Florida Home Sales Down While Prices Remain Elevated

by Phil Hall | Apr 24, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida’s home sales dropped during March but prices continued to rise, according to new data from Florida Realtors. Last month ended with 26,161 closed sales of existing single-family homes, down 15% year-over-year, while the 11,188 condo-townhouse sales were 23.5%...
Sam Zell: Working from Home is a ‘Bunch of Bulls**t’

Sam Zell: Working from Home is a ‘Bunch of Bulls**t’

by Phil Hall | Apr 24, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Iconic commercial real estate executive Sam Zell has seen the future of remote work – and he claims there is no future in it for anyone who wants a career in commercial real estate. According to a GlobeSt.com report, Zell told the audience at last week’s REIT...
Home Construction Collective Launches Real Estate Investing Platform

Home Construction Collective Launches Real Estate Investing Platform

by Phil Hall | Apr 24, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home Construction Collective, a Florida-based real estate investment platform, announced its official launch and live investment opportunities. The company stated that its platform allows “accredited and non-U.S. investors to pool equity capital in new home...
Bed Bath & Beyond Files for Chapter 11 Bankruptcy, To Shutter 480 Stores

Bed Bath & Beyond Files for Chapter 11 Bankruptcy, To Shutter 480 Stores

by Phil Hall | Apr 24, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) filed for Chapter 11 bankruptcy on Sunday and will begin the process of closing all of its stores and liquidating inventory during the next two months. In its bankruptcy filing, the Union, New Jersey-headquartered...
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