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Data Reports Affirm Housing Supply Outpaces Demands

Data Reports Affirm Housing Supply Outpaces Demands

by Phil Hall | May 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing market’s supply-and-demand imbalance has tilted in favor of homebuyers, according to a pair of new data reports. Redfin (NASDAQ: RDFN) reports there is currently an estimated 1.9 million home sellers nationwide competing for an estimated 1.5 million...
South Dakota Businessman Pledges to End Property Taxes in Run for Governor

South Dakota Businessman Pledges to End Property Taxes in Run for Governor

by Phil Hall | May 29, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A South Dakota businessman is launching a campaign for governor by pledging to eliminate the state’s property taxes. Sioux Falls Live reports Toby Doeden is seeking the Republican nomination in the 2026 race. In addition to ending the state’s property taxes, is also...
Missouri to Hold Special Legislative Session on Funding Kansas City’s Stadiums

Missouri to Hold Special Legislative Session on Funding Kansas City’s Stadiums

by Phil Hall | May 29, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Missouri Gov. Mike Kehoe has called a special session of the state legislature that will review a bill to enable the NFL’s Kansas City Chiefs and MLB’s Kansas City Royals to issue bonds up to the annual amount they generate in state tax revenue over 30 years, in turn...
Nuveen Launches 1031 Real Estate Exchange Platform

Nuveen Launches 1031 Real Estate Exchange Platform

by Phil Hall | May 29, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Nuveen, the investment manager of TIAA, has debuted a 1031 real estate exchange platform. The new platform is structured as an Umbrella Partnership Real Estate Investment Trust (UPREIT) program that will enable property owners to convert proceeds from real estate...
Report: Texans Lead the Nation for Buying Newly Constructed Homes

Report: Texans Lead the Nation for Buying Newly Constructed Homes

by Phil Hall | May 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Texas homebuyers were twice as likely as buyers nationwide to purchase a newly constructed home instead of a pre-owned property, according to a data report from Texas Realtors. An analysis of Lone Star State real estate transactions between July 2023 and June 2024...
DeSantis: No State Money for Building a New Tampa Bay Rays Stadium

DeSantis: No State Money for Building a New Tampa Bay Rays Stadium

by Phil Hall | May 28, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Florida Gov. Ron DeSantis has pledged not to use state money for the construction of a new stadium for Major League Baseball’s Tampa Bay Rays. WUSF reports DeSantis insisted the state would only provide financial input on infrastructure projects related to a potential...
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