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CoreLogic: Home Price Growth Slowed in October

CoreLogic: Home Price Growth Slowed in October

by Phil Hall | Dec 4, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home price growth during October recorded a scant 0.02% increase from September and a 3.4% year-over-year uptick, according to new data from CoreLogic. Among the major metro markets, Chicago posted the highest year-over-year home price increase in October at 6.4%,...
Christy Gessler Named 2025 Board Chairman of Texas Realtors

Christy Gessler Named 2025 Board Chairman of Texas Realtors

by Phil Hall | Dec 4, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Texas Realtors announced the appointment of Christy Gessler as its 2025 chairman of the board. Gessler is broker/owner of Freedom 512 Real Estate Group in Liberty Hill. She served as president of the Williamson County Association of Realtors and has been a member of...
Mortgage Application Activity Up Nearly 3%

Mortgage Application Activity Up Nearly 3%

by Phil Hall | Dec 4, 2024 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity recorded an uptick for the week ending Nov. 29, according to data from the Mortgage Bankers Association (MBA); the data included include an adjustment for the Thanksgiving holiday. The Market Composite Index, the MBA’s measure of mortgage...
Report: Hunter Biden Owes Landlord $300,000 in Unpaid Rent

Report: Hunter Biden Owes Landlord $300,000 in Unpaid Rent

by Phil Hall | Dec 4, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Hunter Biden’s legal problems may not be over despite receiving an unconditional pardon from his father, President Joe Biden. According to a Fox News report, Biden is being accused of owing more than $300,000 in unpaid rent on his former Los Angeles-area residence....
New Forecast Predicts 3.7% Home Sale Price Growth in 2025

New Forecast Predicts 3.7% Home Sale Price Growth in 2025

by Phil Hall | Dec 4, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The coming year will see home sale prices will grow by 3.7% while mortgage rates will stay above 6% and rents will remain virtually unchanged, according to a new forecast from Realtor.com. Realtor.com’s forecast is also pointing to an 11.7% increase in existing home...
New Proposal Seeks to Turn Historic Connecticut Building into Mixed-Use Development

New Proposal Seeks to Turn Historic Connecticut Building into Mixed-Use Development

by Phil Hall | Dec 4, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

One of the Connecticut’s most iconic historic buildings is the focus of a proposed $12 million project to transform the headquarters of a local daily newspaper into a mixed-use project. The Hartford Business Journal reports the Waterbury Union Station building, the...
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