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Mark Zuckerberg Donates $626,000 to Build 5 Affordable Homes in Hawaii

Mark Zuckerberg Donates $626,000 to Build 5 Affordable Homes in Hawaii

by Phil Hall | Nov 26, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Meta CEO Mark Zuckerberg and his wife Priscilla Chan have donated $626,000 to the nonprofit Permanently Affordable Living Hawaii to finance the creation of five homes in a workforce housing project located on a land trust on the Hawaiian island of Kauai. Kauai Now...
New REIT Focuses on Historic Harlem Apartment Building

New REIT Focuses on Historic Harlem Apartment Building

by Phil Hall | Nov 26, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Our Financial Health, a financial wellness organization, has created a real estate investment trust (REIT) centered on a historic apartment building in the Harlem section of New York City. The REIT is focused on the 10-unit property at 422 St. Nicholas Avenue built in...
Josh Lloyd Named Chief Operating Officer at Guardian

Josh Lloyd Named Chief Operating Officer at Guardian

by Phil Hall | Nov 26, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Guardian, a Portland-headquartered developer, owner, and operator of multifamily properties in the Pacific Northwest, has hired Josh Lloyd as chief operating officer. In his new job, Lloyd will lead the company’s property management operations, overseeing 125...
Case-Shiller: Home Prices Up 3.9% in September

Case-Shiller: Home Prices Up 3.9% in September

by Phil Hall | Nov 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices continued to rise but recorded a slight deceleration in gains during September compared to the previous annual gains in 2024, according to the latest data from the S&P CoreLogic Case-Shiller Indices. The US National Home Price NSA Index reported a 3.9%...
British Columbia Home Sales Up 33.5% Year-Over-Year

British Columbia Home Sales Up 33.5% Year-Over-Year

by Phil Hall | Nov 26, 2024 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

British Columbia recorded a total of 7,119 residential unit sales in October, a 33.5% spike from one year earlier. According to data from the British Columbia Real Estate Association (BCREA), last month’s total sales dollar volume was $6.9 billion, up 33.8% from...
GSEs Publish Underserved Markets Plans for Next 4 Years

GSEs Publish Underserved Markets Plans for Next 4 Years

by Phil Hall | Nov 26, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) announced that the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) has published plans to extend housing access in rural underserved markets, enhance their support for...
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