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Utah Brokerage Homie Sues NAR, Claiming Organized Boycott

Utah Brokerage Homie Sues NAR, Claiming Organized Boycott

by Phil Hall | Aug 23, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Utah-based real estate brokerage Homie has filed an antitrust complaint against the National Association of Realtors (NAR), claiming that the organization’s member agents have steered prospective buyers away from Homie’s listings. According to a Deseret News...
FHFA Proposes 2025-2027 Housing Goals for Fannie Mae and Freddie Mac

FHFA Proposes 2025-2027 Housing Goals for Fannie Mae and Freddie Mac

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

The Federal Housing Finance Agency (FHFA) issued a proposed rule to establish the 2025-2027 housing goals for the government-sponsored enterprises (GSEs) Fannie Mae (OTCMKTS: FNMA) and Freddie Mac (OTCMKTS: FMCC). The FHFA said the goals would ensure the GSEs’...
Florida’s Single-Family Home Sales Up While Condo-Townhome Sales Drop

Florida’s Single-Family Home Sales Up While Condo-Townhome Sales Drop

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

Closed sales of existing single-family homes in Florida statewide totaled 23,353 last month, up 5.2% year-over-year, while existing condo-townhouse sales totaled 8,364, down 1.2% over July 2023, according to data from Florida Realtors. The statewide median sales price...
Body of Missing Toronto-Area Broker Has Been Recovered

Body of Missing Toronto-Area Broker Has Been Recovered

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

The body of a high-profile Toronto-area real estate broker who was reported missing earlier this month has been identified. The Toronto Star reported Yuk-Ying (Anita) Mui was last heard from by her family on the morning of Aug. 9; Mui’s vehicle, a white 2024...
New York State Home Sales Rise Despite Smaller Inventory

New York State Home Sales Rise Despite Smaller Inventory

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

Home sales across New York were up in July despite a decline in available inventory, according to new data from the New York State Association of Realtors. Last month saw a total of 9,923 closed home sales across the state, up 3.5% from 9,584 units. Pending sales took...
Monthly Mortgage Payments Record First Annual Decline in 4 Years

Monthly Mortgage Payments Record First Annual Decline in 4 Years

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

The median monthly mortgage payment was $2,587 during the four weeks ending Aug. 18, according to new data from Redfin (NASDAQ: RDFN). This marked the lowest level since February and a 0.1% dip from one year ago – as well as the first time in four years that monthly...
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