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Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million

Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million

by Phil Hall | Feb 25, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Goodman Real Estate, a Seattle-headquartered real estate investment company specializing in multifamily and commercial real estate, has acquired Town Deer Valley Apartments, a 388-unit Class A property located in Phoenix, for $131.1 million. The sale was facilitated...
New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays

New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays

by Phil Hall | Feb 24, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports are showing a decline in mortgage applications for new home purchases and the increased challenges in being able to afford a mortgage. The Mortgage Bankers Association (MBA) reported mortgage applications for new home purchases decreased 6%...
Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop

Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop

by Phil Hall | Feb 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida’s housing market began 2025 with 15,384 closed sales of single-family homes statewide, up 3.6% from the January 2024 level, according to data from Florida Realtors. The statewide total of 5,787 existing condo-townhouse sales was down 3.7% year-over-year....
New York State Home Sales Up for Second Straight Month

New York State Home Sales Up for Second Straight Month

by Phil Hall | Feb 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales were up for the second consecutive month across New York State, with new listings and median sales prices also on the rise. According to data from the New York State Association of Realtors, closed home sales statewide were up by 3.1% from 7,395 in January...
Data Study Finds Trump Has Not Disrupted DC-Area Housing Market

Data Study Finds Trump Has Not Disrupted DC-Area Housing Market

by Phil Hall | Feb 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

While the Trump administration has focused on severely reducing the federal workforce, a new analysis from Homes.com of the Washington, DC area has not found any great change in housing activity since Donald Trump returned to the White House. In studying the quantity...
Hits and Misses for the Real Estate Week of Feb. 17-21

Hits and Misses for the Real Estate Week of Feb. 17-21

by Phil Hall | Feb 21, 2025 | Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

HUD’s erasure of DEI contracts, builders expressing apprehension and Australia’s first rate cut in more than four years. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 17-21. Hit: An End to DEI Daffiness. Kudos to...
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