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Builders Call on Congress to Reform Regulations on Home Construction

Builders Call on Congress to Reform Regulations on Home Construction

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

The National Association of Home Builders (NAHB) has called on Congress to address federal regulations that is blames for exacerbating the affordable housing shortage by raising costs of construction. In testimony before a hearing of the House Small Business...
GAO, at Democrats’ Behest, to Probe Cuts to HUD’s Fair Housing Program

GAO, at Democrats’ Behest, to Probe Cuts to HUD’s Fair Housing Program

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

The Government Accountability Office (GAO) has agreed to a request by Senate Democrats led by Sen. Elizabeth Warren (D-MA) to investigate cuts to the Department of Housing and Urban Development’s (HUD) fair housing program workforce. “I am pleased to announce that the...
Kamala Harris to Appear at Australian Real Estate Conference

Kamala Harris to Appear at Australian Real Estate Conference

by Phil Hall | Apr 1, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Former Vice President Kamala Harris is slated to make a rare public appearance at an Australian real estate conference next month. The Guardian reports Harris will participate in an on-stage conversation during the Australasian Real Estate Conference in Gold Coast,...
CMBS Delinquency Rate Up in March

CMBS Delinquency Rate Up in March

by Phil Hall | Apr 1, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 35 basis points to 6.65% in March, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 198 basis points from 4.67%. Last month, the overall...
Report: 1 in 5 Homes Sold for More Than Their Original List Price

Report: 1 in 5 Homes Sold for More Than Their Original List Price

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

Last month, 20.5% of homes nationwide – roughly one in five – sold for above their original list price, according to new data from Redfin (NASDAQ: RDFN). This is down from a 22.8% share recorded one year earlier. Nearly two-thirds of transactions (64.2%) were closed...
HGTV Launches Smart Home 2025 Sweepstakes with San Antonio Residence as Grand Prize

HGTV Launches Smart Home 2025 Sweepstakes with San Antonio Residence as Grand Prize

by Phil Hall | Apr 1, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

HGTV, a brand within the portfolio of Warner Bros. Discovery (NASDAQ: WBD), has launched its HGTV Smart Home 2025 sweepstakes with a newly renovated, fully furnished home in San Antonio, Texas, as a grand prize. According to HGTV, the winner of the sweepstakes will...
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