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Maine Brokerage Joins eXp Realty

Maine Brokerage Joins eXp Realty

by Phil Hall | Oct 22, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), announced the addition of Steven Brackett and his team from Realty ONE Group – Compass of Maine, which brings in 36 top agents with over $128 million in sales across 338 units already closed this...
California Leads Nation with Commercial Foreclosures

California Leads Nation with Commercial Foreclosures

by Phil Hall | Oct 22, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A total of 695 commercial foreclosures were recorded in September, with California leading the nation in this unwelcome activity. According to new data from ATTOM, last month’s commercial foreclosure figure is down from the peak of 752 recorded in May. ATTOM...
Shari’s Restaurants Closes All 42 Oregon Locations

Shari’s Restaurants Closes All 42 Oregon Locations

by Phil Hall | Oct 22, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Shari’s Restaurants, the family-dining chain based in the West Coast and Northwest, has closed all 42 of its eateries in Oregon. Restaurant Business reported the Beaverton, Oregon-headquartered company has been facing allegations of unpaid rent and taxes, along...
Arizona Blocks Wildcat Development in Water-Challenged Community

Arizona Blocks Wildcat Development in Water-Challenged Community

by Phil Hall | Oct 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Arizona Department of Real Estate (ADRE) has sent a cease-and-desist order against three entities to stop illegal subdividing, also known as “wildcat development,” in the unincorporated Rio Verde Foothills community located east of Scottsdale. The ADRE alleged the...
The Rattiest City in America Is…

The Rattiest City in America Is…

by Phil Hall | Oct 22, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Windy City is still stuck with the alternative nickname as The Ratty City, as Chicago ranked first in Top 50 Rattiest Cities List for the tenth straight year. Orkin ranks cities based on data collected by tracking new residential rodent treatments from Sept. 1,...
Report: 3 in 5 Gen Zers are Rent Burdened

Report: 3 in 5 Gen Zers are Rent Burdened

by Phil Hall | Oct 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half of all renter households are burdened by rent costs, with Gen Z renters carrying the greatest burden, according to a data analysis report by Zillow (NASDAQ: Z, ZG) and its StreetEasy brand. The new data analysis, which is based on the US Census...
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