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Ken Wingert Named Chief Advocacy Officer at NAHB

Ken Wingert Named Chief Advocacy Officer at NAHB

by Phil Hall | Oct 2, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Home Builders (NAHB) has hired Ken Wingert as its new chief advocacy officer. Wingert will lead the association’s advocacy efforts at federal, state and local levels, along with its legal advocacy and BUILD-PAC, NAHB’s political action...
Report: Real Estate Investor Sentiment Up in Q3

Report: Real Estate Investor Sentiment Up in Q3

by Phil Hall | Oct 2, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investor sentiment was on the rise in the third quarter, according to the Fall 2024 RCN Capital/CJ Patrick Company Investor Sentiment Index. The latest index report saw an eight-point increase from the second quarter, with 68% of investors viewing...
Australia’s Opposition Leaders Seeks 2-Year Ban on Homebuying by Foreigners

Australia’s Opposition Leaders Seeks 2-Year Ban on Homebuying by Foreigners

by Phil Hall | Oct 2, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Australia’s opposition leader has pledged to ban foreign purchases of residential real estate for two years if he is elected as the nation’s next leader. Daily Mail reported Peter Dutton, the Liberal Party of Australia leader, announced his proposed ban on social...
KBS Builders Inks 2 Maine Contracts for $4.6 Million

KBS Builders Inks 2 Maine Contracts for $4.6 Million

by Phil Hall | Oct 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

KBS Builders Inc. has signed two contracts totaling $4.6 million to manufacture 40 modules for the construction of cottages and affordable housing units in Maine. One contract is a $3 million project to manufacture 32 modules for the construction of 15 one- and...
FrontView REIT Raises $250.8 Million in IPO

FrontView REIT Raises $250.8 Million in IPO

by Phil Hall | Oct 2, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

FrontView REIT Inc., a Dallas-headquartered real estate investment trust focused on outparcel properties that are net leased on a long-term basis, raised $250.8 million in its initial public offering (IPO) on Oct. 1. The IPO sold 13.2 million shares at $19 per share....
Mortgage Application Activity Drops by 1.3%

Mortgage Application Activity Drops by 1.3%

by Phil Hall | Oct 2, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application volume was down for the week ending Sept. 27, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.3% on a seasonally adjusted basis from...
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