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Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area

Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area

by Phil Hall | Mar 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two-thirds of the 50 counties with the most at-risk housing markets in the fourth quarter of 2024 were in California, Florida, Illinois, and the New York City area, according to new data from ATTOM. County-level housing markets on the latest list included 14 were in...
Wyoming Governor Signs 25% Property Tax Exemption into Law

Wyoming Governor Signs 25% Property Tax Exemption into Law

by Phil Hall | Mar 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wyoming Gov. Mark Gordon has signed a bill into law that provides a 25% property tax exemption on the first $1 million of a single-family home’s fair market value. Wyoming News reports the legislation, Senate File 69, takes effect immediately and does not have a...
Richmond American Homes to Open Arden at Bedford in Corona, California

Richmond American Homes to Open Arden at Bedford in Corona, California

by Phil Hall | Mar 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Richmond American Homes of Maryland Inc. announced the grand opening of Arden at Bedford, an addition to its Bedford masterplan in Corona, California. Arden at Bedford offers single- and two-story homes that are available in three floor plans that span 3- to...
Joint Venture to Develop $400 Million, 670-Unit Residential Project in New Jersey

Joint Venture to Develop $400 Million, 670-Unit Residential Project in New Jersey

by Phil Hall | Mar 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment trust BXP (NYSE: BXP) has entered into a joint venture with CrossHarbor Capital and Albanese Organization to develop 290 Coles Street, a full-block, 1.75-acre site in Jersey City, New Jersey, that will be developed into a 670-unit...
Q4 Investor Homebuying Activity at 8-Year Low

Q4 Investor Homebuying Activity at 8-Year Low

by Phil Hall | Mar 5, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investors purchased 47,004 homes in the fourth quarter, according to new data from Redfin (NASDAQ: RDFN). This was a 3.9% year-over-year drop – the biggest decline in a year – and marked the lowest level for that time of year since 2016. Real estate...
Guest Opinion: Expanding Opportunities for the Construction of Starter Homes and Workforce Housing

Guest Opinion: Expanding Opportunities for the Construction of Starter Homes and Workforce Housing

by Phil Hall | Mar 5, 2025 | Guest Opinion, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Today’s guest column is by Emily Hamilton, a senior research fellow at the Mercatus Center at George Mason University. This article is adapted and edited from testimony delivered this week before the Subcommittee on Housing and Insurance of the US House...
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