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ECI Group Breaks Ground on Savannah-Area Mixed-Use Development

ECI Group Breaks Ground on Savannah-Area Mixed-Use Development

by Phil Hall | Aug 26, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

ECI Group has broken ground on The Averly Richmond Hill, a $60 million, 291-unit, mixed-use development with retail acreage in the Savannah suburb of Richmond Hill, Georgia. The Averly Richmond Hill will feature 243 apartment-style units plus 48 three-story townhouses...
New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot

New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot

by Phil Hall | Aug 25, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new grassroots movement in Nebraska is seeking to put a pair of property tax reform proposals on the ballot for the November 2026 election. Nebraska Public Media reports Advocates For All Nebraskans (AFAN) has launched two statewide ballot initiative petitions. One...
New Home Sales Down 0.6% in July

New Home Sales Down 0.6% in July

by Phil Hall | Aug 25, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in July were at a seasonally adjusted annual rate of 652,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development. This marked a 0.6% decline from the June’s...
Lennar Debuts New San Diego-Area Master-Planned Community

Lennar Debuts New San Diego-Area Master-Planned Community

by Phil Hall | Aug 25, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Lennar Corp. (NYSE: LEN) has announced the grand opening of North River Farms, its new master-planned community of single-family homes in the San Diego suburb of Oceanside, California. According to the company, the new community encompasses five...
Hits and Misses for the Real Estate Week of Aug. 18-22

Hits and Misses for the Real Estate Week of Aug. 18-22

by Phil Hall | Aug 22, 2025 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cape Cod considers a mansion tax, Baltimore considers raising taxes on vacant lots, and a retail chain will not consider opening stores in California. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 18-22. Miss: Soaking...
Virginia Home Sales Up 2.4%

Virginia Home Sales Up 2.4%

by Phil Hall | Aug 22, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Virginia recorded 10,182 closed sales during July, which is 235 more than one year ago, a 2.4% uptick. According to Virginia Realtors, July, marked the second consecutive month of increased sales activity, although year-to-date sales totals are flat compared to one...
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