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Tax Deadline Extended For California 1031 Exchanges

Tax Deadline Extended For California 1031 Exchanges

by Leora Ruzin | Mar 31, 2023 | Real Estate News, U.S. Housing Market, WRE News Exclusive

California residents and real estate investors looking to begin a 1031 exchange are being encouraged to act now, according to Peak 1031 Exchange.    The recent IRS extensions allow qualifying California taxpayers to extend any exchange deadline that falls after...
First Quarter of 2023 Brings a Mixed Bag of Housing Data

First Quarter of 2023 Brings a Mixed Bag of Housing Data

by Leora Ruzin | Mar 30, 2023 | Real Estate News, U.S. Housing Market, WRE News Exclusive

ATTOM, a curator of land, property, and real estate data, released its first-quarter 2023 U.S. Home Affordability Report showing that median-priced single-family homes and condos are less affordable in the first quarter of 2023 compared to historical averages in 94...
Florida Governor Signs Affordable Housing Law

Florida Governor Signs Affordable Housing Law

by Leora Ruzin | Mar 29, 2023 | Real Estate News, U.S. Housing Market, WRE News Exclusive

Today, Governor Ron DeSantis signed Senate Bill 102, known as the “Live Local Act,” a comprehensive, statewide workforce housing strategy designed to increase the availability of attainable housing options for Florida workers who seek to live in the...
Experts predicted a real estate slowdown in 2023. How is Tampa Bay holding up?

Experts predicted a real estate slowdown in 2023. How is Tampa Bay holding up?

by Third Party | Mar 28, 2023 | Real Estate News, U.S. Housing Market

Source: Tampa Bay Times —  What goes up must come down. After nearly two years of explosive growth in the housing sector, economists and real estate experts said sales could take a major dip in 2023. But so far, that hasn’t happened. Kristine Smale, an executive...
Judge in LA County Ordered to Pull Project Approvals for Master-Planned Community

Judge in LA County Ordered to Pull Project Approvals for Master-Planned Community

by Leora Ruzin | Mar 28, 2023 | Real Estate News, WRE News Exclusive

Los Angeles Superior Court Judge Mitchell Beckloff has ordered Los Angeles County to rescind the Centennial project’s 2019 approvals pending correction of a number of inadequacies the Court identified in the project’s original environmental impact report. The ruling...
Affordability Continues to Drive Relocations to Sunbelt States

Affordability Continues to Drive Relocations to Sunbelt States

by Leora Ruzin | Mar 28, 2023 | Real Estate News, U.S. Housing Market, WRE News Exclusive

According to a new report from Redfin, the technology-based real estate brokerage, the number of home searchers looking to relocate to a new metro fell 3.6% year over year in February.   That compares with a 14.4% drop in Redfin.com home searchers looking to...
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