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Permits to Build Multifamily Housing Fall Below Pre-Pandemic Levels

Permits to Build Multifamily Housing Fall Below Pre-Pandemic Levels

by Phil Hall | May 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Developers obtained permits to build 12.4 multifamily housing units for every 10,000 people in during 2024, according to a new data report from Redfin (NASDAQ: RDFN). Last year’s figures marked a 27.1% decline from 17 units per 10,000 people during the pandemic-era...
Six Flags to Close Maryland Amusement Park and Sell 500-Acre Property

Six Flags to Close Maryland Amusement Park and Sell 500-Acre Property

by Phil Hall | May 2, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Six Flags Entertainment Corporation (NYSE: FUN) is closing its Six Flags America and Hurricane Harbor amusement park in Bowie, Maryland, after the 2025 operating season. Promoted as “DC’s Thrill Capital,” the property will be sold for redevelopment as part of Six...
Century Communities Unveils New Atlanta-Area Community

Century Communities Unveils New Atlanta-Area Community

by Phil Hall | May 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Century Communities Inc. (NYSE: CCS) has announced it will soon open The Ridge at Twin Rivers in Covington, Georgia, located about 35 miles from Atlanta. The new community is part of the company’s Century Complete brand and will feature nearly 100 single-family...
$3 Billion Tokenization Deal Focused on Dubai Properties

$3 Billion Tokenization Deal Focused on Dubai Properties

by Phil Hall | May 2, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

MAG, a United Arab Emirates-based real estate developer, has signed a $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a blockchain provider. According to the companies, the...
Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million

Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million

by Phil Hall | May 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Villa San-Juliette, a luxury estate and winery in Paso Robles, California, that is owned by “American Idol” producers Ken Warwick and Nigel Lythgoe, is going up for auction with a listing price of $14.75 million. Located in California’s Central Coast wine...
Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents

Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents

by Phil Hall | May 1, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

StreetEasy, a listing platform owned by Zillow Group (NASDAQ: Z, ZG), announced that it will prevent access by New York City agents who publicly market listings to a select group of potential buyers. In a blog post on the StreetEasy website, Vice President and General...
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