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S&P CoreLogic Case-Shiller Index Hits Another High

S&P CoreLogic Case-Shiller Index Hits Another High

by Phil Hall | Jul 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

In what is getting to become a monthly event, the S&P CoreLogic Case-Shiller Index has soared to yet another all-time high. “Our home price index has appreciated 4.1% year-to-date, the fastest start in two years,” said Brian D. Luke, head of commodities, real and...
Study: Canadian Households Spend 43% of Their Income on Taxes

Study: Canadian Households Spend 43% of Their Income on Taxes

by Phil Hall | Jul 30, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The average Canadian family spent 43% cent of its income on taxes in 2023, according to new data from nonpartisan think-tank Fraser Institute. Last year, the average Canadian family earned an income of $109,235 and paid in total taxes equaling $46,988. This level of...
MBA: Home Equity Lending Volume Remains Relatively Flat

MBA: Home Equity Lending Volume Remains Relatively Flat

by Phil Hall | Jul 30, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The total origination volume for open-ended home equity lines of credit (HELOCs) and closed-end home equity loans in 2023 were up 1.5% year-over-year while debt outstandings increased 8.3%, according to the Mortgage Bankers Association’s (MBA) 2024 Home Equity Lending...
Tri Pointe Homes Unveils Its First 55+ Community on East Coast

Tri Pointe Homes Unveils Its First 55+ Community on East Coast

by Phil Hall | Jul 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Tri Pointe Homes (NYSE:TPH) announced the development of Altis, its first 55+ lifestyle brand community on the East Coast. The new project is based within Greenfield Communities’ 550-acre Serenity development in North Carolina’s Harnett County, just...
Leadership Shifts at SmartRent

Leadership Shifts at SmartRent

by Phil Hall | Jul 30, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

SmartRent Inc. (NYSE: SMRT), a Scottsdale, Arizona-based provider of smart communities and smart operations solutions for the rental housing industry, announced a transition plan impacting the company’s leadership. CEO Lucas Haldeman has stepped down from his position...
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