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Consumer Confidence in Housing Market is on the Rise

Consumer Confidence in Housing Market is on the Rise

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Consumer confidence in the housing market took an upswing in the latest Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI), which increased by 0.4 points to 75.0 during November. The latest reading included a new record-high share of consumers indicated...
NY Times Publishes Probe on Political Donations by NAR Nonprofit Affiliate

NY Times Publishes Probe on Political Donations by NAR Nonprofit Affiliate

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The New York Times has published another investigative feature on the National Association of Realtors (NAR), this time focusing on the political donations of its nonprofit affiliate, the American Property Owners Alliance. Unlike NAR’s political action committee that...
Hudson Valley Property Group Acquires 22-Property Portfolio

Hudson Valley Property Group Acquires 22-Property Portfolio

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Hudson Valley Property Group (HVPG), a New York City-headquartered affordable housing preservation company, has acquired a 22-property portfolio spanning four states and comprising 4,768 units. The portfolio acquired includes 13 properties in Washington, seven in...
RealPage Says DOJ Dropped Antitrust Investigation

RealPage Says DOJ Dropped Antitrust Investigation

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The property management software company RealPage Inc. announced it was notified by the Antitrust Division of the US Department of Justice (DOJ) has dropped its criminal investigation into the company’s pricing practices in the multifamily rental housing industry....
Sotheby’s International Realty Opens First South Dakota Affiliated Office

Sotheby’s International Realty Opens First South Dakota Affiliated Office

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Sotheby’s International Realty has opened its first affiliated office in South Dakota with Grand Sotheby’s International Realty in Sioux Falls. The new office is owned and operated by the siblings Dana Fisher and Danielle Konechne, who started their own...
Gindi Equities Acquires Second Multifamily Community in Fargo

Gindi Equities Acquires Second Multifamily Community in Fargo

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Gindi Equities, a New York City-based investment manager focused on multifamily assets, announced the acquisition of Timber Creek Apartment Homes, a multifamily community in Fargo, North Dakota. The 252-unit property was acquired from Property Resources Group, which...
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