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Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase

Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase

by Phil Hall | Jul 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The widow of Apple Inc. (NASDAQ:AAPL) co-founder Steve Jobs has broken a San Francisco record for the city’s most expensive home purchase. The Wall Street Journal, citing unnamed “people familiar with the transaction,” reports that Laurene Powell Jobs paid...
Rhode Island’s Housing Secretary: Our ‘Production Rate is Too Low’

Rhode Island’s Housing Secretary: Our ‘Production Rate is Too Low’

by Phil Hall | Apr 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rhode Island Housing Secretary Stefan Pryor is complaining that his state’s new construction supply is not keeping pace with the local demand. “Our housing production rate is too low,” said Pryor in an interview with NBC 10 News WJAR-TV. “In fact, it’s the lowest in...
Tech Trends: A Few Words About Wire Fraud

Tech Trends: A Few Words About Wire Fraud

by Phil Hall | Mar 7, 2024 | News/Current Events, Tech Trends, WRE News Exclusive

Question: How prevalent is wire fraud in today’s real estate environment? “It is more prevalent than you might imagine, and it absolutely has been getting worse,” said Tom Cronkright, co-founder and executive chairman of CertifID, an Austin-based technology platform...
Zillow: You Need to Make $106,000 to ‘Comfortably Afford’ to Buy a Home

Zillow: You Need to Make $106,000 to ‘Comfortably Afford’ to Buy a Home

by Phil Hall | Feb 29, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

What a difference four years makes – a new data analysis from Zillow (NASDAQ:Z, ZG) found today’s home buyers need to make more than $106,000 to “comfortably afford” a residential property purchase. That sum is 80% more than the money required for the same purchase in...
Mortgage Start-Up Tomo Debuts AI-Driven Real Estate Portal

Mortgage Start-Up Tomo Debuts AI-Driven Real Estate Portal

by Phil Hall | Feb 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Tomo, a Stamford, Connecticut-based mortgage startup founded by two former Zillow (NASDAQ:Z, ZG) executives, launched its real estate portal Tomo Real Estate. According to the company, Tomo Real Estate was built on an artificial intelligence (AI) platform that...
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