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Clear Investment Group Acquires DC-Based Multifamily Complex

Clear Investment Group Acquires DC-Based Multifamily Complex

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

Clear Investment Group, a real estate investment firm based in Chicago, has acquired Marbury Plaza, the 681-unit multifamily complex in Southeast Washington, DC. The property will be rebranded as Langston Views, which the company said reflected “both the...
‘Home Alone’ House Sells for $5.5 Million

‘Home Alone’ House Sells for $5.5 Million

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

The Chicago-area residence that gained pop culture immortality as the residence of the “Home Alone” family officially has new owners. Mansion Global reports the sale of the 9,126-square-foot Georgian red brick house in Winnetka, Illinois, was closed yesterday for $5.5...
Single-Family Housing Starts Up in December

Single-Family Housing Starts Up in December

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

Single-family housing starts were at a rate of 1.05 million in December, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 3.3% above the revised November figure of 1.01 million. Privately-owned housing starts in...
RE/MAX: December Home Sales Up 13.3% Year-Over-Year

RE/MAX: December Home Sales Up 13.3% Year-Over-Year

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

December was the eighth month of 2024 to record year-over-year home sales, according to new data from RE/MAX (NYSE: RMAX). Last month’s home sales were up 13.3% over December 2023 and were also 4.4% above the level set in November. While the number of homes for sale...
Builder Confidence Inches Up

Builder Confidence Inches Up

by Phil Hall | Jan 16, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder sentiment began 2025 with a mild upswing, despite concerns over how building material tariffs and costs and a larger government deficit could impact inflation and mortgage rates. Builder confidence in the market for newly built single-family homes was 47 in...
FCC Warns Against Fraudulent Mortgage Calling Campaign

FCC Warns Against Fraudulent Mortgage Calling Campaign

by Phil Hall | Jan 16, 2025 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Communications Commission (FCC) has issued a warning about a deceptive and fraudulent calling campaign targeting homeowners across the country. The agency identified the source of the fraud as a calling campaign dubbed “Green Mirage,” which has been...
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