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Market Snapshot: Today’s Rental Housing Market

Market Snapshot: Today’s Rental Housing Market

by Phil Hall | May 7, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Three new data reports offer greater insight regarding the state of today’s rental housing market. Rents have outpaced wages in 44 of the 50 largest metros since 2019, according to data from Zillow Group (NASDAQ:Z, ZG). Over the last five years, U.S. rents have grown...
Florida’s Housing Market: More Active Listings, Fewer Closed Sales

Florida’s Housing Market: More Active Listings, Fewer Closed Sales

by Phil Hall | Jun 22, 2023 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There was good news and not-good news out of Florida’s housing market, with an increase in active listings during May that was seesawed with a decline in closed sales. According to new data from Florida Realtors, the state recorded a total of 26,396 closed sales...
Market Spotlight: Parking Space Debate Reshapes Detroit’s Real Estate Scene

Market Spotlight: Parking Space Debate Reshapes Detroit’s Real Estate Scene

by Phil Hall | May 18, 2023 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Fans of Joni Mitchell will remember this chorus of her classic tune “Big Yellow Taxi”:  Don’t it always seem to go / That you don’t know what you got ’til it’s gone? / They paved paradise, put up a parking lot. The message of that golden oldie...
Market Snapshot: Florida Home Buyers Are Paying for Overvalued Properties

Market Snapshot: Florida Home Buyers Are Paying for Overvalued Properties

by Phil Hall | May 5, 2023 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data study determined that Florida home buyers are paying much more than they should for their properties, based on long-term pricing trends. According to the Real Estate Initiative at Florida Atlantic University (FAU), all nine of the state’s nine measured...
Market Snapshot: The Media and the Mortgage Fees

Market Snapshot: The Media and the Mortgage Fees

by Phil Hall | Apr 28, 2023 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage fees have become the focus of the mainstream media thanks to a policy change enacted by the Federal Housing Finance Agency (FHFA) to the pricing framework of Fannie Mae and Freddie Mac. Perhaps not surprisingly, different media outlets are offering different...
Market Snapshot: Canada’s Luxury Real Estate Sector

Market Snapshot: Canada’s Luxury Real Estate Sector

by Phil Hall | Apr 21, 2023 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A shortage of pricey properties resulted in a decline of year-over-year sales activity for Canada’s luxury real estate market during the first quarter of this year. “There has been an immense build-up of demand for housing mobility across Canada’s conventional and...
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