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Interior Design/Staging Firm Linden Creek Launches Franchise Program

Interior Design/Staging Firm Linden Creek Launches Franchise Program

by Phil Hall | Aug 1, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Linden Creek, a Raleigh-based interior design and home staging firm, has launched a franchise program with the opening of its first two franchise locations in Charlotte and Cary, North Carolina. The franchise program provides operational tools – including...
Sen. Elizabeth Warren Unveils $550 Billion Housing Bill, Paid for by Raising Estate Taxes

Sen. Elizabeth Warren Unveils $550 Billion Housing Bill, Paid for by Raising Estate Taxes

by Phil Hall | Aug 1, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Sen. Elizabeth Warren (D-MA) has introduced a $550 billion plan to fund the construction of approximately 3 million new housing units by raising estate taxes. Warren’s endeavor, dubbed the American Housing and Economic Mobility Act, encompasses a wide range of pledges...
Half of Q2 Mortgaged Homeowners Are Equity-Rich

Half of Q2 Mortgaged Homeowners Are Equity-Rich

by Phil Hall | Aug 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half (49.2%) of mortgaged residential properties were considered equity-rich in the second quarter, according to new data from ATTOM. This marked an increase from the 45.8% level recorded in the first quarter while matching the high point from the first quarter...
FTC to Refund $12 Million to Consumers in House Flipping Scheme

FTC to Refund $12 Million to Consumers in House Flipping Scheme

by Phil Hall | Aug 1, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Trade Commission (FTC) announced it will distribute over $12 million in refunds to more than 25,000 consumers who paid Zurixx LLC for a dubious house flipping investment training program. The FTC and the Utah Department of Commerce Division of Consumer...
Bank of England Cuts Rates for First Time in Over 4 Years

Bank of England Cuts Rates for First Time in Over 4 Years

by Phil Hall | Aug 1, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Bank of England trimmed the base rate by a quarter-point to 5%. This marked the first rate cut by the UK’s central bank since March 2020. Within the Bank of England, the rate cut decision was somewhat contentious, with the Monetary Policy Committee voting...
Guest Opinion: How to Improve Housing Affordability and Drive New Supply

Guest Opinion: How to Improve Housing Affordability and Drive New Supply

by James H. Schloemer | Jul 31, 2024 | Guest Opinion, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

James H. Schloemer is chairman of the National Multifamily Housing Council. This article is edited and adapted from prepared remarks made on behalf of the National Multifamily Housing Council and the National Apartment Association during a July 24 hearing held by the...
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