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Judge Denies New Jersey Towns’ Injunction Request on Affordable Housing Mandate

Judge Denies New Jersey Towns’ Injunction Request on Affordable Housing Mandate

by Phil Hall | Jan 3, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A New Jersey judge rejected a request from 26 towns for an injunction to halt the state’s affordable housing development process while their lawsuit challenging the state requirements is decided. The towns sued in October to void a state law the created guidelines for...
North Carolina Governor Expedites Purchase of Temporary Housing for Hurricane Victims

North Carolina Governor Expedites Purchase of Temporary Housing for Hurricane Victims

by Phil Hall | Jan 3, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

North Carolina’s newly-sworn-in Gov. Josh Stein signed an executive order that will enable the state to expedite the purchase up to 1,000 temporary housing units for Hurricane Helene victims. WUNC reported the executive order was Stein’s first official act as...
Florida College to Offer Program on Building Tiny Houses

Florida College to Offer Program on Building Tiny Houses

by Phil Hall | Jan 3, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Students at a college in Florida will have the chance to learn construction skills that will be used to address a local housing shortage. WTXL.com reports Gadsden Technical College (GTC) in Quincy, Florida, has partnered with Jones Construction in a program where...
Tech Trends: Can We Print the Housing Inventory We Need Now?

Tech Trends: Can We Print the Housing Inventory We Need Now?

by Rick Grant | Jan 2, 2025 | Market Snapshot, News/Current Events, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

Many real estate agents had more housing inventory on their Christmas lists this holiday season. While that seems like a big ask, given the trends in new construction over the past couple of years, it may be a wish that’s not so far from being granted. Digital...
Bill Ackman Predicts Trump Will Privatize GSEs

Bill Ackman Predicts Trump Will Privatize GSEs

by Phil Hall | Jan 2, 2025 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Hedge fund executive Bill Ackman is predicting the government-sponsored enterprises (GSEs) Freddie Mac (OTCQB; FMCC) and Fannie Mae (OTCQB: FNMA) will be privatized during the upcoming Trump administration. The GSEs have been in federal conservatorship since September...
Endangered Butterfly’s Indiana Wetland Home is Bought by Conservation Group

Endangered Butterfly’s Indiana Wetland Home is Bought by Conservation Group

by Phil Hall | Jan 2, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A conservation group has acquired a 13-acre Indiana wetland parcel that is home to one of the world’s rarest butterfly species. IndyStar.com reports the Central Indiana Land Trust (CILTI) paid $380,000 for the property in northern Indiana near the Michigan border that...
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