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Eres Capital to Open New Community in Bozeman, Montana

Eres Capital to Open New Community in Bozeman, Montana

by Phil Hall | Jul 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Eres Capital, an investment and development division of Eres Companies, announced it will open its Yellowstone Landing community this fall in Bozeman, Montana. Situated in the newly developed mixed-used Yellowstone Airport Plaza off I-90, the community will provide a...
S&P CoreLogic Case-Shiller Index Hits Another High

S&P CoreLogic Case-Shiller Index Hits Another High

by Phil Hall | Jul 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

In what is getting to become a monthly event, the S&P CoreLogic Case-Shiller Index has soared to yet another all-time high. “Our home price index has appreciated 4.1% year-to-date, the fastest start in two years,” said Brian D. Luke, head of commodities, real and...
Study: Canadian Households Spend 43% of Their Income on Taxes

Study: Canadian Households Spend 43% of Their Income on Taxes

by Phil Hall | Jul 30, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The average Canadian family spent 43% cent of its income on taxes in 2023, according to new data from nonpartisan think-tank Fraser Institute. Last year, the average Canadian family earned an income of $109,235 and paid in total taxes equaling $46,988. This level of...
MBA: Home Equity Lending Volume Remains Relatively Flat

MBA: Home Equity Lending Volume Remains Relatively Flat

by Phil Hall | Jul 30, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The total origination volume for open-ended home equity lines of credit (HELOCs) and closed-end home equity loans in 2023 were up 1.5% year-over-year while debt outstandings increased 8.3%, according to the Mortgage Bankers Association’s (MBA) 2024 Home Equity Lending...
Tri Pointe Homes Unveils Its First 55+ Community on East Coast

Tri Pointe Homes Unveils Its First 55+ Community on East Coast

by Phil Hall | Jul 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Tri Pointe Homes (NYSE:TPH) announced the development of Altis, its first 55+ lifestyle brand community on the East Coast. The new project is based within Greenfield Communities’ 550-acre Serenity development in North Carolina’s Harnett County, just...
Leadership Shifts at SmartRent

Leadership Shifts at SmartRent

by Phil Hall | Jul 30, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

SmartRent Inc. (NYSE: SMRT), a Scottsdale, Arizona-based provider of smart communities and smart operations solutions for the rental housing industry, announced a transition plan impacting the company’s leadership. CEO Lucas Haldeman has stepped down from his position...
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