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Vancouver Home Sales Slump Despite Spike in Inventory

Vancouver Home Sales Slump Despite Spike in Inventory

by Phil Hall | Jun 5, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Residential sales in the Vancouver metro market totaled 2,733 in May, a 19.9% decline from the 3,411 sales recorded one year earlier. According to data from Greater Vancouver Realtors, last month’s sales total was also 19.6% below the 10-year seasonal average for May...
Detroit’s Largest Residence Goes to Auction After a Year on the Market

Detroit’s Largest Residence Goes to Auction After a Year on the Market

by Phil Hall | Jun 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

After a year on the market with nary a trace of buyer interest, Detroit’s largest private residence will go up for auction on Monday. The Detroit Free Press reported the Bishop Mansion, a 31,192-square-foot residence built in the 1920s, was listed for sale at $9...
Home Management Solutions Fixle Acquires EasyHome

Home Management Solutions Fixle Acquires EasyHome

by Phil Hall | Jun 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Fixle Inc., a Union, Kentucky-based provider of home management solutions in the proptech and insurtech sectors, has announced the acquisition of EasyHome Inc., a Portland-headquartered developer of property care and management software solutions. The terms of the...
NY Archdiocese Plans Sale of Vacant Lot for Affordable Housing Complex

NY Archdiocese Plans Sale of Vacant Lot for Affordable Housing Complex

by Phil Hall | Jun 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Archdiocese of New York has agreed to sell a vacant lot that it owns in the East Village section of Manhattan to be used as an affordable multifamily housing complex. According to the Commercial Observer, the archdiocese will receive between $58 million and $68...
Philadelphia School’s Closure Creates Uncertainty Over Property Portfolio

Philadelphia School’s Closure Creates Uncertainty Over Property Portfolio

by Phil Hall | Jun 4, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The sudden and unexpected closure of a major Philadelphia art school could create a major upheaval in the city’s commercial real estate market with properties coming up for sale at once. According to a Philadelphia Inquirer report, the University of the Arts will shut...
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