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Tuscany Offers People Up to $32K to Move There

Tuscany Offers People Up to $32K to Move There

by Phil Hall | Jun 27, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Italy’s Tuscany region is offering cash incentives for people to move into its underpopulated rural towns and villages. USA Today reported the new initiative “Residenzialità in Montagna 2024” – which translates to “Residentiality in the Mountains 2024” – will offer...
Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity

Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity

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

The elevated cost of housing has created new considerations of homeownership by middle-income Americans. According to a new survey published by Santander Holdings USA Inc., 81% of middle-income respondents said the high cost of housing is a major financial issue, with...
New Single-Family Home Sales at Lowest Pace in 7 Months

New Single-Family Home Sales at Lowest Pace in 7 Months

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

Sales of new single‐family houses during May were at a seasonally adjusted annual rate of 619,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 11.3% below the revised April rate of 698,000 and...
Caliber to Begin Construction on Phoenix-Area Apartment Development

Caliber to Begin Construction on Phoenix-Area Apartment Development

by Phil Hall | Jun 26, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The real estate investor, developer and manager Caliber (NASDAQ: CWD) announced the completion of funding for the first phase of a single-family rental housing complex in the Ahwatukee Foothills neighborhood in South Phoenix. The new complex is part of a...
Smart Toilet Market Forecast to Grow by $6.21 Billion Over Next 4 Years

Smart Toilet Market Forecast to Grow by $6.21 Billion Over Next 4 Years

by Phil Hall | Jun 26, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The global smart toilet market size is estimated to grow by $6.21 billion from 2024 to 2028 with a compound annual growth rate of 10.43%, according to a new forecast published by Technavio. The sector’s growth is being credited to ultra-modern bathroom concepts that...
Can Minimum Wage Earners Afford to Buy a Home?

Can Minimum Wage Earners Afford to Buy a Home?

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

Question: Can a U.S. worker earning the minimum wage be able to afford to buy a home? The answer is: Yes, but it will take a lot of time to save for a down payment. A new study by Salt Lake City-based BadCredit.org compared Zillow home prices over the past year to...
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