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Seattle Office Building to be Converted Into Multifamily Housing

Seattle Office Building to be Converted Into Multifamily Housing

by Phil Hall | Jan 4, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A vacant Seattle office property has been acquired for conversion into multifamily housing. Stream Real Estate, a Seattle-based developer and investor, has paid $7 million for Queen Anne Plaza, a four-story office building. The Seattle Times reported the company plans...
Zillow’s Hottest Housing Market for 2024 Is…

Zillow’s Hottest Housing Market for 2024 Is…

by Phil Hall | Jan 4, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Group (NASDAQ:Z, ZG) has released its rankings of the hottest housing markets for 2024, with the lower-cost markets of the Great Lakes, Midwest and South the list. In a study of the nation’s 50 most populous metros, Zillow chose Buffalo, New York as the year’s...
Homebuyers’ Monthly Payments at Lowest Level in Nearly a Year

Homebuyers’ Monthly Payments at Lowest Level in Nearly a Year

by Phil Hall | Jan 4, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median U.S. mortgage payment during the four weeks ending Dec. 31 was $2,361, according to data from Redfin (NASDAQ:RDFN). This represents a $372 decline (-14%) from October’s all-time high to the lowest level in nearly a year. As payment levels decline, buyer...
Rockwell Institute Debuts Audio Course Options

Rockwell Institute Debuts Audio Course Options

by Phil Hall | Jan 4, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Rockwell Institute, a Bellevue, Washington-based provider of real estate license training and continuing education, has introduced read-along audio options for real estate students. The new immersive course features are available to all students of the self-paced...
Less Than 70,000 Home Sales in Greater Toronto Area During 2023

Less Than 70,000 Home Sales in Greater Toronto Area During 2023

by Phil Hall | Jan 4, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Greater Toronto Area (GTA) recorded less than 70,000 home sales during 2023, according to data from the Toronto Regional Real Estate Board (TRREB). The 65,982 transactions reported through TRREB’s MLS System last year represented a 12.12% year-over-year decline....
Big Sky Medical Real Estate Acquires First Asset in Phoenix

Big Sky Medical Real Estate Acquires First Asset in Phoenix

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

Big Sky Medical Real Estate, a Dallas-based investment manager focused on commercial properties, made its first acquisition in the Phoenix market with the purchase of the Blackhawk Medical Center. The three-building medical and office campus is located in the affluent...
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