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Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community

Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community

by Phil Hall | Feb 26, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Flournoy Development Group has announced the groundbreaking of District South, its newest luxury mixed-use community in Greenville, South Carolina. District South will be located on a 21-acre site and will feature 365 multifamily units, 90 for-rent townhomes, six...
Mortgage Application Activity Slows Down

Mortgage Application Activity Slows Down

by Phil Hall | Feb 26, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slipped during the week ending Feb. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.2% on a seasonally adjusted basis from...
Georgia Home Sales Up 2% from Last Year

Georgia Home Sales Up 2% from Last Year

by Phil Hall | Feb 26, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 7,158 home sales were transacted in Georgia during January, up 2% from one year earlier, while pending sales decreased 15% over the same period to 8,276 deals. According to data from the Georgia Association of Realtors, the state’s January inventory levels...
Report: 13% of GSA’s Real Estate Shop Workforce Takes Deferred Resignation Offer

Report: 13% of GSA’s Real Estate Shop Workforce Takes Deferred Resignation Offer

by Phil Hall | Feb 26, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Approximately 725 employees of the General Services Administration’s (GSA) Public Buildings Service, the real estate shop that operates as the federal government’s landlord, have accepted the “deferred resignation” offer from the Office of Personnel Management....
Invitation Homes Promotes Timothy J. Lobner to Chief Operating Officer

Invitation Homes Promotes Timothy J. Lobner to Chief Operating Officer

by Phil Hall | Feb 26, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Invitation Homes Inc. (NYSE: INVH), the Dallas-headquartered single-family home leasing and management company, has promoted Timothy J. Lobner to executive vice president and chief operating officer, effective March 2. Lobner has served as executive vice president and...
CFPB Acting Director Vought Says White House Will Not Shut Down the Agency

CFPB Acting Director Vought Says White House Will Not Shut Down the Agency

by Phil Hall | Feb 25, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration has stated it will retain the Consumer Financial Protection Bureau (CFBP) in a streamlined realignment and does not plan to shut down the agency. Politico reports on a motion filed by Acting CFPB Director Russ Vought late Monday in federal...
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