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Rubio’s Coastal Grill Shutters 48 California Restaurants

Rubio’s Coastal Grill Shutters 48 California Restaurants

by Phil Hall | Jun 4, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The fast-casual Mexican-themed restaurant chain Rubio’s Coast Grill has closed 48 of its eateries in California, citing the cost of doing business in the state. According to Nation’s Restaurant News, the company issued a statement complaining that the “closings were...
Publisher’s View: The Great Election Distraction and the U.S. Housing Market Myth

Publisher’s View: The Great Election Distraction and the U.S. Housing Market Myth

by John G. Stevens | Jun 3, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

As the drumbeat of the U.S. presidential election grows louder, so does the clamor around its alleged impact on the housing market—a narrative that is as pervasive as it is misleading. Political operatives and pundits alike weave tales of doom and market paralysis...
Survey: 91% of Gen Zers Cite Housing Affordability as Top Election Year Issue

Survey: 91% of Gen Zers Cite Housing Affordability as Top Election Year Issue

by Phil Hall | Jun 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey from Redfin (NASDAQ:RDFN) found more than nine in 10 (91%) adult Gen Zers declaring that housing affordability is their top issue in this year’s presidential election. Gen Zers rated housing affordability as a more important factor in their vote than any...
NYC Reopens Section 8 Housing Wait List After 15-Year Closure

NYC Reopens Section 8 Housing Wait List After 15-Year Closure

by Phil Hall | Jun 3, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New York City Housing Authority (NYCHA) is reopening the wait list for Section 8 housing applications for the first time in nearly 15 years. According to WABC News, applications for NYCHA’s Housing Choice Voucher program will be open starting at midnight on...
FractIt Completes Pilot Program for Tokenizing a Condo

FractIt Completes Pilot Program for Tokenizing a Condo

by Phil Hall | Jun 3, 2024 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

FractIt, a Toronto-headquartered blockchain-based platform for fractional real-world asset ownership, has completed its pilot program involving the tokenizing of an Indian condominium valued at $235,000. FractIt offers fractional real estate ownership through...
Poll: Massachusetts Voters Voice Greatest Concerns Over Housing Challenges

Poll: Massachusetts Voters Voice Greatest Concerns Over Housing Challenges

by Phil Hall | Jun 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing issues are the most pressing issues among Massachusetts voters in the current election year. According to a new UMass Amherst/WCVB poll, 34% of respondents said the lack of housing and the absence of affordability were the top political issue they want...
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