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Jordan Brown to Chair Primestone Partners’ New Technology Advisory Board

Jordan Brown to Chair Primestone Partners’ New Technology Advisory Board

by Phil Hall | Apr 12, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Primestone Partners, a New York City-based management company with interests in corporate housing, software development and real estate finance advisory services, has appointed technology strategist Jordan Brown as non-executive chairman of its new technology advisory...
Majority of Millennials Are Now Homeowners

Majority of Millennials Are Now Homeowners

by Phil Hall | Apr 11, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More than half of U.S. millennials are now homeowners, having transitioned the demographic from a renter-majority to owners-majority status in 2022. According to new data published by RentCafe, 52% of U.S. millennials were homeowners as of last year. This demographic...
Mortgage Credit Availability Up Slightly, But Still Near 10-Year Low

Mortgage Credit Availability Up Slightly, But Still Near 10-Year Low

by Phil Hall | Apr 11, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability inched up last month, according to the latest Mortgage Credit Availability Index (MCAI) report published by the Mortgage Bankers Association (MBA), although the level of available is still close to a 10-year low. The MCAI was up by 0.4% to...
Most Gen Z Adults Prioritize Pets Over Family in Housing Needs

Most Gen Z Adults Prioritize Pets Over Family in Housing Needs

by Phil Hall | Apr 11, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new Zillow Group (NASDAQ: Z, ZG) survey published in conjunction with today’s National Pet Day found the majority of Gen Z adults are more concerned on their pets’ well-being within their home versus the needs of their human co-inhabitants. The Gen Z...
Survey Finds Steady Optimism Among First-Time Homebuyers

Survey Finds Steady Optimism Among First-Time Homebuyers

by Phil Hall | Apr 11, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Despite continued burdens created by inflation and mortgage rates that are still on the high side, many first-time homebuyers are more confident about their financial health and their ability to acquire residential property. According to TD Bank’s (NYSE: TD) newly...
Montreal Home Sales Down 28%

Montreal Home Sales Down 28%

by Phil Hall | Apr 11, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Fewer people were buying homes in Montreal last month, according to data from the Quebec Professional Association of Real Estate Brokers (QPAREB). There were 3,947 residential sales in the Montreal Census Metropolitan Area (CMA) in March, down 28% year-over-year....
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