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New Single-Family Home Sales Up in November

New Single-Family Home Sales Up in November

by Phil Hall | Dec 23, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in November were at a seasonally adjusted annual rate of 664,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 5.9% above the revised October rate of 627,000 and...
A Phil Hall Op-Ed: NAR vs. Phoenix Realtors

A Phil Hall Op-Ed: NAR vs. Phoenix Realtors

by Phil Hall | Dec 23, 2024 | A Phil Hall Op-Ed, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: A most fascinating spat is taking place in Arizona, where the trade group Phoenix Realtors has found itself in the crosshairs of the National Association of Realtors (NAR) over an innovative program that could represent a positive new chapter in the...
Elon Musk: ‘The Fed is Absurdly Overstaffed’

Elon Musk: ‘The Fed is Absurdly Overstaffed’

by Phil Hall | Dec 23, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Elon Musk appears to have placed the Federal Reserve in the crosshairs of the Department of Government Efficiency (DOGE). In a posting on X this morning, Musk responded to a tweet regarding Fed Chairman Jerome Powell’s leadership by commenting, “The Fed is absurdly...
Home Sales in Virginia Up 13% Year-Over-Year

Home Sales in Virginia Up 13% Year-Over-Year

by Phil Hall | Dec 23, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 7,853 homes were sold in in Virginia during November, a 13% year-over-year increase. According to data from Virginia Realtors, there were 9,031 new listings in November, a 10.3% increase. There were 18,870 active listings on the market throughout Virginia,...
Las Vegas’ Urban Nest Realty Joins The Real Brokerage

Las Vegas’ Urban Nest Realty Joins The Real Brokerage

by Phil Hall | Dec 23, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ: REAX) announced that Las Vegas-based Urban Nest Realty has joined its network. Urban Nest Realty was founded in 2012 by David J. Tina, David R. Tina and Angela Tina, and its 400 agents focus on the metro’s luxury sector. To date, it...
Hyatt in Exclusivity Talks with Playa Hotels & Resorts

Hyatt in Exclusivity Talks with Playa Hotels & Resorts

by Phil Hall | Dec 23, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Hyatt Hotels Corporation (NYSE: H), has executed an exclusivity agreement with Playa Hotels & Resorts NV (NASDAQ: PLYA), the owner/operator and developer of resorts in Mexico, Jamaica and the Dominican Republic. According to the companies, Playa agreed to...
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