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Single-Family Housing Starts Down Slightly in April

Single-Family Housing Starts Down Slightly in April

by Phil Hall | May 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single‐family housing starts in April were at a rate of 1.031 million in April, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.4% below the revised March figure of 1.035 million. Privately‐owned housing...
Las Vegas’ Iconic Mirage Hotel-Casino to Close in July

Las Vegas’ Iconic Mirage Hotel-Casino to Close in July

by Phil Hall | May 16, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

After 35 years in business, Las Vegas’ iconic Mirage hotel-casino will be shut down as of July 17. According to combined media reports, the 80-acre Las Vegas Strip landmark will be demolished and replaced by the Hard Rock Las Vegas, which will feature a 660-foot hotel...
Craig Leslie to Become President of Skyline Retail REIT

Craig Leslie to Become President of Skyline Retail REIT

by Phil Hall | May 16, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Skyline Retail REIT, a Guelph, Ontario-based real estate investment trust (REIT), has announced the appointment of Craig Leslie as its next president, effective June 30. Leslie joined Skyline last year as a vice president with more than 19 years of experience across...
Connecticut Childhood Home of William F. Buckley Jr. Listed for First Time in a Century

Connecticut Childhood Home of William F. Buckley Jr. Listed for First Time in a Century

by Phil Hall | May 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The childhood home of National Review founder and influential conservative commentator William F. Buckley Jr. has been listed for the first time since 1923 for $5.5 million. According to a Mansion Global report, the property known as Great Elm in the town of Sharon,...
Guest Opinion: All’s Mostly Well in the US Banking System

Guest Opinion: All’s Mostly Well in the US Banking System

by Michael S. Barr | May 15, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Michael S. Barr is vice chairman for supervision on the Board of Governors of the Federal Reserve System. This article is adapted and edited from testimony delivered today before a hearing of the U.S. House of Representatives before the Committee on Financial...
Real Estate Investors Snagged 19% of Q1 Home Sales

Real Estate Investors Snagged 19% of Q1 Home Sales

by Phil Hall | May 15, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investors purchased approximately 44,000 homes during the first quarter, up 0.5% from one year ago, according to new data from Redfin (NASDAQ: RDFN). And while the uptick is relatively mild, it marks the first increase since the second quarter of 2022....
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