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The Best Market for Long-Term Rental Property Investment Is…

The Best Market for Long-Term Rental Property Investment Is…

by Phil Hall | Jun 19, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Airdeed, an online short-term rental real estate marketplace, has announced the results of a data analysis to determine the top markets for long-term rental property investment. The Jacksonville, Florida-based Airdeed analyzed more than 1,000 long-term rental...
Chinese Real Estate Developer Agrees to US Extradition to Face Bribery Charges

Chinese Real Estate Developer Agrees to US Extradition to Face Bribery Charges

by Phil Hall | Jun 19, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Chinese property developer wanted by the U.S. government on bribery charges has agreed to be extradited. The South China Morning Post reported that Zhang Li, co-founder of Chinese property developer Guangzhou R&F Properties, was arrested last year at London’s...
HUD Makes $2M Available for Affordable Housing Creation in Smaller Communities

HUD Makes $2M Available for Affordable Housing Creation in Smaller Communities

by Phil Hall | Jun 19, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) announced a Notice of Funding Opportunity (NOFO) of $2 million through the HOPE VI Main Street Program. According to HUD, the grant program provides financial assistance to smaller communities looking to...
Hits and Misses for the Real Estate Week of June 12-16

Hits and Misses for the Real Estate Week of June 12-16

by Phil Hall | Jun 16, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An abandonment of San Francisco commercial mortgages, the Fed presses the pause button and President Biden’s unlikely railroad idea. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Miss: I Left My Mortgage in San...
RE/MAX Reports ‘Sizeable Jump in May Home Sales’

RE/MAX Reports ‘Sizeable Jump in May Home Sales’

by Phil Hall | Jun 16, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest national housing report from RE/MAX (NYSE:RMAX) found a 20% increase in home sales from April to May, although May’s sales were also down 18.7% from one year ago. “The sizeable jump in May homes sales signals the start of the peak selling season, but...
Fox News’ Bret Baier Seeks to Flip Palm Beach Estate

Fox News’ Bret Baier Seeks to Flip Palm Beach Estate

by Phil Hall | Jun 16, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fox News anchor Bret Baier is seeking to flip a luxury property in swanky Palm Beach, Florida, that he purchased 15 months ago. Baier acquired the 0.26-acre property featuring a 4,162-square-foot residence with three bedrooms and four-and-a-half bathrooms in March...
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