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California Home Sales Record Largest Yearly Increase in Over Three Years

California Home Sales Record Largest Yearly Increase in Over Three Years

by Phil Hall | Dec 19, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

California home sales during November marked the largest yearly increase in existing home sales since June 2021, although the level was still below the pre-Covid levels. According to new data from the California Association of Realtors (CAR), closed escrow sales of...
San Diego School District Considers Plan to Build Affordable Housing for Employees

San Diego School District Considers Plan to Build Affordable Housing for Employees

by Phil Hall | Dec 10, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

One of California’s largest school districts is studying a proposal to build more than 1,000 affordable housing units for its employees as a means of boosting employee retention. WCYB.com reported the San Diego Unified Board of Education discussed the proposal during...
California Man Sentenced for Real Estate Investing Fraud Scheme

California Man Sentenced for Real Estate Investing Fraud Scheme

by Phil Hall | Dec 10, 2024 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

A California man at the center of a real estate scam that raised $13.8 million by falsely promising investors returns of up to 10% was sentenced to 15 years and one month in prison. The Orange County Register reported Brett Barber, who was a co-owner of Newport...
Report: Four States Are Home to Most At-Risk Housing Markets

Report: Four States Are Home to Most At-Risk Housing Markets

by Phil Hall | Dec 5, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

California, Florida, Illinois and New Jersey were home to the greatest number of at-risk markets in the country, according to the third quarter Special Housing Risk Report from ATTOM. The new report found two-thirds of the 50 counties considered most exposed to...
Report: Hunter Biden Owes Landlord $300,000 in Unpaid Rent

Report: Hunter Biden Owes Landlord $300,000 in Unpaid Rent

by Phil Hall | Dec 4, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Hunter Biden’s legal problems may not be over despite receiving an unconditional pardon from his father, President Joe Biden. According to a Fox News report, Biden is being accused of owing more than $300,000 in unpaid rent on his former Los Angeles-area residence....
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