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Building Permits for Apartments Down 23% Since the Pandemic Construction Boom

Building Permits for Apartments Down 23% Since the Pandemic Construction Boom

by Phil Hall | Aug 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Developers obtained permits to build an average of 12.8 multifamily housing units for every 10,000 people over the past year, according to a new report from Redfin. This is down by 23.1% from an average of 16.7 during the pandemic building boom, and it is also down by...
Indiana Home Sales Up 9% From One Year Ago

Indiana Home Sales Up 9% From One Year Ago

by Phil Hall | Aug 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Indiana recorded 7,749 home sales in July, a 1% increase from one year before, while new pending sales totaled 7,853 transactions, up 9% from the prior year. According to the Indiana Association of Realtors (IAR), July’s 10,115 new listings marked a 9%...
Foreclosure Activity Up 13% Year-Over-Year

Foreclosure Activity Up 13% Year-Over-Year

by Phil Hall | Aug 14, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 36,128 residential properties had foreclosure filings in July, up 11% from the prior month and up 13% from one year earlier. According to data from ATTOM, one in every 3,939 housing units had a foreclosure filing in July. The states with the worst...
Playboy Relocates HQ from Los Angeles to ‘Business-Friendly’ Miami Beach

Playboy Relocates HQ from Los Angeles to ‘Business-Friendly’ Miami Beach

by Phil Hall | Aug 14, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Playboy Inc. (NASDAQ: PLBY) is relocating its global corporate headquarters from Los Angeles to Miami Beach. Playboy was founded in Chicago by Hugh Hefner in 1953 and relocated to California in 1975. In a press statement, the company said the relocation after a...
Real Brokerage to Host Free Coaching Program to Boost Productivity

Real Brokerage to Host Free Coaching Program to Boost Productivity

by Phil Hall | Aug 14, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ: REAX) has unveiled Agent BreakThru, a free, eight-week virtual coaching program designed to help real estate agents accelerate productivity, boost client retention and elevate their businesses. According to the Miami-based company,...
Florida Real Estate Investor Sentenced for $6.29 Million Tax Fraud

Florida Real Estate Investor Sentenced for $6.29 Million Tax Fraud

by Phil Hall | Aug 14, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Florida real estate investor was sentenced to three years in federal prison for making false and fraudulent statements on tax returns. According to court documents, Brian Davison was the co-founder and former CEO of the Tampa-based real estate investment firm...
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