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Foreign Interest in US Housing Continues to Rise, But Not Among Canadians

Foreign Interest in US Housing Continues to Rise, But Not Among Canadians

by Phil Hall | Jun 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

International home shoppers took a growing interest in US housing during the first quarter, although Canadian enthusiasm was down significantly. New data from Realtor.com found global inquiries made up a 1.9% share of US housing demand during the first quarter,...
Platform Ventures Launches Multifamily Development Unit

Platform Ventures Launches Multifamily Development Unit

by Phil Hall | Jun 2, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Kansas City-based private investment firm Platform Ventures is rolling out a multifamily development unit focused on ground-up apartment development and construction. In a statement, the company said it was pursuing this strategy because it “believes multifamily...
Progressive Insurance Debuts Program to Empower Prospective Homebuyers

Progressive Insurance Debuts Program to Empower Prospective Homebuyers

by Phil Hall | Jun 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Progressive Insurance has debuted “Open the House,” a multi-year program designed to address the challenges faced by prospective homebuyers. The new program will focus on economic empowerment and will provides tools, information, and resources to help prospective...

Texas Legislature Passes Property Tax Relief Bills

by Phil Hall | Jun 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Texas legislature passed two bills this weekend that are designed to provide property tax relief to state residents. There is no state property tax in Texas, but there are several property tax exemptions for qualifying owners. According to combined media reports,...
Report: $17.6 Trillion in Q1 Home Equity

Report: $17.6 Trillion in Q1 Home Equity

by Phil Hall | Jun 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

US mortgage holders carried a record $17.6 trillion in home equity at the end of the first quarter, according to a data report from ICE Mortgage Technology. Of that amount, $11.5 trillion was considered “tappable” (available for borrowing while maintaining at least a...
US Housing Market Has Nearly $700 Billion in Listings, a Record High

US Housing Market Has Nearly $700 Billion in Listings, a Record High

by Phil Hall | Jun 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of $698 billion worth of US homes are listed for sale as of April, according to new data from Redfin (NASDAQ: RDFN). This marks a 20.3% increase from one year ago and the highest dollar amount recorded since Redfin began tracking this data in 2012. This new...
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