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Hits and Misses for the Real Estate Week of Feb. 19-23

Hits and Misses for the Real Estate Week of Feb. 19-23

by Phil Hall | Feb 23, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An upstart trade group’s PR coup, an iconic theater saved by Hollywood’s A-list and an unwanted honor for New Jersey. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Feb. 19-23. Hit: The Voice of the Industry? Real estate...
Wisconsin Home Sales Up 7.4% in January

Wisconsin Home Sales Up 7.4% in January

by Phil Hall | Feb 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wisconsin existing home sales in January were up by 7.4% compared to their January 2023 levels, according to new data from the Wisconsin Realtors Association. Wisconsin recorded 3,3436 home sales last month, compared to 3,200 in January 2023. This marked the first...
The Agency Expands with Offices in Jamaica, Nova Scotia and Oklahoma

The Agency Expands with Offices in Jamaica, Nova Scotia and Oklahoma

by Phil Hall | Feb 23, 2024 | Industry Updates, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Los Angeles-headquartered real estate brokerage The Agency has opened new offices in the Caribbean, Canada and Oklahoma. The company launched The Agency Jamaica, is the firm’s first office in Jamaica. Industry veterans Matthew ‘Taff’ Stevenson,...
New Bridge Loan Aimed at Buyers of Affordable Housing Communities

New Bridge Loan Aimed at Buyers of Affordable Housing Communities

by Phil Hall | Feb 23, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Churchill Stateside Group LLC (CSG), a Clearwater, Florida-headquartered real estate financial services and renewable energy company, has introduced a bridge loan product for owners seeking acquisition financing for affordable housing communities. The product can be...
Judge Denies Trump Request to Delay Penalty Payment

Judge Denies Trump Request to Delay Penalty Payment

by Phil Hall | Feb 23, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The New York judge who ordered former President Donald Trump to pay more than $354 million plus interest in his recent civil fraud trial has refused to allow a delay in the judgment’s enforcement. TheHill.com reported Judge Arthur Engoron rejected a request by the...
Disparity Gap Shrinks Between ‘Income Mortgage-Ready’ Black and White Renting Households

Disparity Gap Shrinks Between ‘Income Mortgage-Ready’ Black and White Renting Households

by Phil Hall | Feb 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The gap between the share of Black and White households in rental properties that could comfortably afford a mortgage payment narrowed during the pandemic, according to new data from Zillow (NASDAQ:Z, ZG). Zillow cited American Community Survey statistics from 2022...
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