Carrington Holding Company Acquires Reliance First Capital

by Phil Hall | Oct 31, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Anaheim, California-based Carrington Holding Company announced it has acquired Reliance First Capital LLC from Tiptree Inc. Founded in 2008 and headquartered in Melville, New York, Reliance operates a direct-to-consumer mortgage origination platform that serves a...

New White Paper Considers the Role of AI Tools in Luxury Real Estate Sales

by Phil Hall | Oct 31, 2025 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Realm Global has published a new white paper on how luxury real estate professionals can transition into the new age of artificial intelligence (AI). Titled “Intelligent Luxury: How AI Is Redefining Trust, Taste, and Timeless Value,” the paper is...

New Wave of Online Fraudsters Target Abu Dhabi Real Estate Market

by Phil Hall | Oct 31, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

One of the world’s hottest real estate markets is now becoming a hotbed for online real estate fraud schemes. Gulf News reports that the police department in Abu Dhabi, the capital of the United Arab Emirates, has issued a warning about a resurgence in fraudulent...

Luxury Home Sales Up 5% in September

by Phil Hall | Oct 30, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical luxury home sold for $1.26 million in September, up 4.8% from one year earlier to set a new record high for the month. According to data from Redfin, the sales of luxury homes is occurring at more than twice the pace of price growth for non-luxury homes,...

Illinois Home Sales Up 4.6% Year-Over-Year

by Phil Hall | Oct 30, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 11,375 homes, both single-family houses and condominiums, were sold in Illinois last month, a 4.6% rise from the 10,873 sold one year earlier. According to data from Illinois Realtors, 22,845 homes were available for sale statewide last month, down 2.9%...