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San Diego School District Considers Plan to Build Affordable Housing for Employees

San Diego School District Considers Plan to Build Affordable Housing for Employees

by Phil Hall | Dec 10, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

One of California’s largest school districts is studying a proposal to build more than 1,000 affordable housing units for its employees as a means of boosting employee retention. WCYB.com reported the San Diego Unified Board of Education discussed the proposal during...
Realtor.com Predicts Top Housing Markets for 2025

Realtor.com Predicts Top Housing Markets for 2025

by Phil Hall | Dec 10, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Three weeks ahead of New Year’s Eve, Realtor.com has published its forecast for the Top Housing Markets for 2025 – with all the locations based in the South and the West. The new year’s top 10 housing markets, ranked in order, are: Colorado Springs, Colorado...
Consumer Confidence in Housing Market is on the Rise

Consumer Confidence in Housing Market is on the Rise

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Consumer confidence in the housing market took an upswing in the latest Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI), which increased by 0.4 points to 75.0 during November. The latest reading included a new record-high share of consumers indicated...
Hits and Misses for the Real Estate Week of Dec. 2-5

Hits and Misses for the Real Estate Week of Dec. 2-5

by Phil Hall | Dec 6, 2024 | Hits and Misses, International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new achievement in luxury real estate, an executive preparing the next generation of professionals, and the perils of renting to Hunter Biden. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 2-5. Hit: A New Home for...
Q3 Equity Gains Down by More Than 5%

Q3 Equity Gains Down by More Than 5%

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

US homeowners with mortgages – which account for roughly 62% of all properties – saw home equity increase by $425 billion during the third quarter, an uptick of 2.5% year-over-year, according to new data from CoreLogic. By the end of the third quarter, total net...
Northmarq Sells Maryland Build-to-Rent Community for $54 Million

Northmarq Sells Maryland Build-to-Rent Community for $54 Million

by Phil Hall | Dec 5, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Northmarq, a Minneapolis-headquartered capital markets resource for commercial real estate investors, has completed the $54 million sale of The Current at Watershed, a 97-unit build-to-rent community in Laurel, Maryland. Built in 2023 and located 19 miles south of...
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