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Guest Opinion: Expanding Opportunities for the Construction of Starter Homes and Workforce Housing

Guest Opinion: Expanding Opportunities for the Construction of Starter Homes and Workforce Housing

by Phil Hall | Mar 5, 2025 | Guest Opinion, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Today’s guest column is by Emily Hamilton, a senior research fellow at the Mercatus Center at George Mason University. This article is adapted and edited from testimony delivered this week before the Subcommittee on Housing and Insurance of the US House...
Zillow: Late May is the Best Time to List a Home

Zillow: Late May is the Best Time to List a Home

by Phil Hall | Mar 5, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data analysis of 2024 home selling by Zillow (NASDAQ: Z, ZG) found that properties listed in the last two weeks of May sold for 1.6% more, a $5,600 boost on a typical home. Zillow attributed this bump to the traditional peak in search activity ahead of Memorial...
Toronto Area Home Sales Down 27.4% Year-Over-Year

Toronto Area Home Sales Down 27.4% Year-Over-Year

by Phil Hall | Mar 5, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A total of 4,037 homes were sold through the Toronto Regional Real Estate Board’s (TRREB) MLS System in February, a 27.4% year-over year decline. TRREB reported the drop in home sales occurred despite a 5.4% year-over-year increase in new listings within the MLS...
Alpha Residential to Launch 352-Unit Community in Pittsburgh Area

Alpha Residential to Launch 352-Unit Community in Pittsburgh Area

by Phil Hall | Mar 5, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Multifamily developer Alpha Residential announced plans for a 352-unit residential community in the Pittsburgh suburb of Moon Township, Pennsylvania. According to the company, the development will be located 13 miles from downtown Pittsburgh and feature 300 one- and...
FHA Union Claims Workplace Layoffs are Imminent

FHA Union Claims Workplace Layoffs are Imminent

by Phil Hall | Mar 5, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The union representing employees at the Federal Housing Administration (FHA) is claiming the agency’s workforce could be one of the next targets of the Trump administration’s mass layoffs within the Executive Branch. In an interview with CNBC, Antonio Gaines,...
Shant Banosian Named President of Rate Mortgage

Shant Banosian Named President of Rate Mortgage

by Phil Hall | Mar 5, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Chicago-headquartered Rate Companies has named Shant Banosian as president of Rate Mortgage. Banosian joined the company (formerly Guaranteed Rate) in 2007 and was most recently executive vice president for sales. According to the company, Banosian has funded over $10...
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