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Forecast: California Homes Sales and Prices to Increase in 2025

Forecast: California Homes Sales and Prices to Increase in 2025

by Phil Hall | Sep 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The California Association of Realtors (CAR) is predicting an increase in home sales and prices during 2025 as more buyers and sellers return to the market thanks to lower interest rates and improved housing supply. CAR forecasts the sale of existing single-family...
The Agency Opens First Office in Barcelona

The Agency Opens First Office in Barcelona

by Phil Hall | Sep 26, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate brokerage The Agency has expanded its Spanish presence with a new office in Barcelona. The Agency Barcelona will be led by Josep Turró and Chi Wei Chin, who will both serve as managing partners. The office will service the local market, including...
Grant Cardone: Kamala Harris ‘Does Not Understand Housing’

Grant Cardone: Kamala Harris ‘Does Not Understand Housing’

by Phil Hall | Sep 25, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

High-profile real estate investor Grant Cardone has given Vice President Kamala Harris an F grade for her comprehension of housing issues. “Kamala Harris is either financially illiterate, incompetent, or she believes that her voters are. Her plans come up every...
Invitation Homes Agrees to $48 Million Settlement with FTC

Invitation Homes Agrees to $48 Million Settlement with FTC

by Phil Hall | Sep 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Trade Commission (FTC) has announced Invitation Homes, the country’s largest landlord of single-family homes, has agreed to a settlement where the company will turn over $48 million to refund consumers harmed by its deceptive actions. The company was...
Number of Loans in Forbearance Up in August

Number of Loans in Forbearance Up in August

by Phil Hall | Sep 25, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The total number of loans now in forbearance increased by 4 basis points to 0.31% as of Aug. 31, according to data from the Mortgage Bankers Association (MBA). A total of 155,000 homeowners are currently in forbearance plans. The share of Fannie Mae and Freddie Mac...
New VP of Acquisitions at First National Realty Partners

New VP of Acquisitions at First National Realty Partners

by Phil Hall | Sep 25, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

First National Realty Partners (FNRP), a Red Bank, New Jersey-headquartered private equity commercial real estate firm, has hired Stuart Brackenridge as vice president of acquisitions. In his new job, Brackenridge will be responsible for sourcing, evaluating and...
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