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Bill Lublin Becomes 2025 President of the Pennsylvania Association of Realtors

Bill Lublin Becomes 2025 President of the Pennsylvania Association of Realtors

by Phil Hall | Jan 29, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Pennsylvania Association of Realtors (PAR) installed Bill Lublin as the organization’s 102nd president. Lublin is CEO of Century 21 Advantage Gold in Philadelphia and owner of Lublin Corporation Realtors, a property management firm. Lublin served on PAR’s board of...
Simon Property Group to Develop Luxury Shopping Center in Nashville Area

Simon Property Group to Develop Luxury Shopping Center in Nashville Area

by Phil Hall | Jan 29, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Indianapolis-headquartered Simon Property Group Inc. (NYSE: SPG) has acquired a large site that will be developed into a Nashville area luxury shopping and lifestyle destination known as Nashville Premium Outlets. The new 325,000 square foot mixed-use center will be...
Downtown Seattle Median Rent Up for First Time in 17 Months

Downtown Seattle Median Rent Up for First Time in 17 Months

by Phil Hall | Jan 29, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apartment rents in Seattle’s downtown rose for the first time in 17 months in December, according to data from Redfin (NASDAQ: RDFN). The rent hike was a 2.5% year-over-year uptick to a median of $2,000. Seattle’s median rent seesawed over the past five years,...

Bank of Canada Announces New Rate Cut

by Phil Hall | Jan 29, 2025 | Current News & Events, International Real Estate News, Market Snapshot, Real Estate News, WRE News Exclusive

The Bank of Canada announced a 25-basis point cut to its overnight rate to 3% while bringing an end to its quantitative tightening policy as the national economy grows stronger. The Canadian central bank also brought down its Bank Rate to 3.25% and the deposit rate at...
Australia’s Top Ranked Listing Invites Buyers to ‘Renovate or Detonate’

Australia’s Top Ranked Listing Invites Buyers to ‘Renovate or Detonate’

by Phil Hall | Jan 29, 2025 | Current News & Events, International Real Estate News, Market Snapshot, Real Estate News, WRE News Exclusive

A residence in suburban Brisbane that could charitably be described as a mess has become the surprise top ranking property in the listings on Australia’s RealEstate.com.au site. The Courter-Mail reports the two-bedroom property in Mitchelton, Australia, is being...
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