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A Phil Hall Op-Ed: Save the CDFI Fund from Trump’s Chopping Block

A Phil Hall Op-Ed: Save the CDFI Fund from Trump’s Chopping Block

by Phil Hall | Mar 18, 2025 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Last Friday evening, the White House quietly released a news statement that President Trump signed an Executive Order that identified seven federal agencies and declared their “non-statutory components and functions … shall be eliminated to the...
Single-Family Housing Starts Up 11.4%

Single-Family Housing Starts Up 11.4%

by Phil Hall | Mar 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in February were at a rate of 1.10 million, according to data from the US Census Bureau and Department of Housing and Urban Development. This is an 11.4% jump from the revised January figure of 995,000. Privately-owned housing starts in...
New Rental Home Community Opening in Phoenix

New Rental Home Community Opening in Phoenix

by Phil Hall | Mar 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Scottsdale-based build-to-rent developer BB Living has unveiled its latest community, BB Living Desert Ridge in Phoenix. The new community of 108 luxury single family rental townhomes sits on 12.4 acres and offers both three- and four-bedroom floorplans. Each home...
HUD and Interior Team to Identify Federal Lands for Developing Affordable Housing

HUD and Interior Team to Identify Federal Lands for Developing Affordable Housing

by Phil Hall | Mar 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Departments of Housing and Urban Development (HUD) and Interior have signed a partnership agreement to create a joint task force that will identify and open federal lands for affordable housing development. In an online video, HUD Secretary Scott Turner and...
Tariff Agita Drives Down Builder Confidence Levels

Tariff Agita Drives Down Builder Confidence Levels

by Phil Hall | Mar 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes dropped three points in March to a reading of 39 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), marking the lowest level in seven months; any number over...
NAR: Black Homeownership Rate Rising, But Still Below Other Demographics

NAR: Black Homeownership Rate Rising, But Still Below Other Demographics

by Phil Hall | Mar 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data published by the National Association of Realtors (NAR) has determined the Black homeownership rate experienced the greatest year-over-year increase in 2023 among racial groups, but it was still lower than the rates recorded by other demographics. The Black...
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