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Asking Rents for New Apartments at Lowest Level in 2 Years

Asking Rents for New Apartments at Lowest Level in 2 Years

by Phil Hall | Sep 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Asking rents for newly constructed apartments fell to $1,746 in the second quarter, according to new data from Redfin (NASDAQ: RDFN). This is a 6.2% decline from one year earlier – as well as the second consecutive quarter for declines, the second-steepest drop in...
Report: Affordable Homeownership Remained Elusive in Q3

Report: Affordable Homeownership Remained Elusive in Q3

by Phil Hall | Sep 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median-priced single-family homes and condos remained less affordable during the third quarter compared to historical averages in 99% of counties around the nation, according to a new data report from ATTOM. The national median price for single-family homes and condos...
Forecast: California Homes Sales and Prices to Increase in 2025

Forecast: California Homes Sales and Prices to Increase in 2025

by Phil Hall | Sep 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The California Association of Realtors (CAR) is predicting an increase in home sales and prices during 2025 as more buyers and sellers return to the market thanks to lower interest rates and improved housing supply. CAR forecasts the sale of existing single-family...
The Agency Opens First Office in Barcelona

The Agency Opens First Office in Barcelona

by Phil Hall | Sep 26, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate brokerage The Agency has expanded its Spanish presence with a new office in Barcelona. The Agency Barcelona will be led by Josep Turró and Chi Wei Chin, who will both serve as managing partners. The office will service the local market, including...
Grant Cardone: Kamala Harris ‘Does Not Understand Housing’

Grant Cardone: Kamala Harris ‘Does Not Understand Housing’

by Phil Hall | Sep 25, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

High-profile real estate investor Grant Cardone has given Vice President Kamala Harris an F grade for her comprehension of housing issues. “Kamala Harris is either financially illiterate, incompetent, or she believes that her voters are. Her plans come up every...
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