Exclusive WRE News Articles
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Q1 Texas Home Sales Were Flat Despite Spike in Active Listings
The first quarter statewide median price of $330,950 was 1.6% higher than in the same period during 2023. Continue Reading Q1 Texas Home Sales Were Flat Despite Spike in Active Listings
CFPB Takes Aim at Mortgage Servicers Over ‘Junk Fees’
“Homeowners cannot just simply switch providers if their mortgage servicer charges them illegal junk fees,” said CFPB Director Rohit Chopra. Continue Reading CFPB Takes Aim at Mortgage Servicers Over ‘Junk Fees’
Study: Annual Massachusetts Outmigration Up 1,100% Over the Last Decade
Income tax, housing costs, and costs of health care were cited in the study as being the largest drivers of outmigration. Continue Reading Study: Annual Massachusetts Outmigration Up 1,100% Over the Last Decade
Additional Reading: Realtor Tools & Insights
CVS Health Invests $19.2 Million for Colorado Affordable Housing Project
The project is currently under construction with a scheduled completion in the summer of 2025. Continue Reading CVS Health Invests $19.2 Million for Colorado Affordable Housing Project
Pedro Barata to Become Chief Executive at Habitat for Humanity Canada
Barata will replace Julia Deans, who announced her resignation last fall. Continue Reading Pedro Barata to Become Chief Executive at Habitat for Humanity Canada
Mortgage Demand Down 2.7%
The Refinance Index decreased 6% from the previous week and was 3% higher than the same week one year ago. Continue Reading Mortgage Demand Down 2.7%
Total Commercial Real Estate Mortgage Borrowing and Lending Down 47% in 2023
Depositories were the leading capital source of the sector’s mortgage debt. Continue Reading Total Commercial Real Estate Mortgage Borrowing and Lending Down 47% in 2023
Madison Group to Build Master-Planned Community in Midtown Toronto
The company did not offer a timeline on when construction is slated to begin and conclude. Continue Reading Madison Group to Build Master-Planned Community in Midtown Toronto
Trustmark National Bank Sells Insurance Subsidiary to Marsh & McLennan Agency
Trustmark stated the transaction value represents approximately 5.9 times FBBInsurance’s 2023 revenue and 28 times net income. Continue Reading Trustmark National Bank Sells Insurance Subsidiary to Marsh & McLennan Agency
Matt Parisi Joins Industry Real Estate Partners as Vice President
He was previously vice president at Transwestern’s tenant advisory and occupier solutions team, Continue Reading Matt Parisi Joins Industry Real Estate Partners as Vice President
Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores
No explanation was given on why the combined company failed so abruptly. Continue Reading Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores
Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today
“Rising home prices are a double-edged sword,” said Redfin Senior Economist Elijah de la Campa. Continue Reading Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today
Four Seasons to Open First Branded Residences in Florida
The new 20-story development will offer 70 residences ranging from two- to four-bedrooms. Continue Reading Four Seasons to Open First Branded Residences in Florida
NAR Receives Preliminary Approval of Sitzer/Burnett Settlement Agreement
A final approval hearing on the settlement will take place in November. Continue Reading NAR Receives Preliminary Approval of Sitzer/Burnett Settlement Agreement
Survey: Half of Canadians Say Inflation Erodes Their Ability to Buy a Home
62% of respondents said financial support from family is necessary to buy a home. Continue Reading Survey: Half of Canadians Say Inflation Erodes Their Ability to Buy a Home
Guest Opinion: How You Might Look at Recent Data
We are all looking at the same data, but it is easy to come away with different conclusions. Continue Reading Guest Opinion: How You Might Look at Recent Data