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Iowa Home Sales Up Nearly 5% in January

Iowa Home Sales Up Nearly 5% in January

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

Iowa recorded a total of 1,870 closed sales in January, a 4.8% year-over-year increase, while new listings grew by 23.9% to 2,956 homes. According to data from Iowa Realtors, the overall active inventory of 7,524 homes on the market was up by 29.7% from the 5,807...
16-Unit Connecticut Multifamily Portfolio Sells for $1.55 Million

16-Unit Connecticut Multifamily Portfolio Sells for $1.55 Million

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

National Multifamily Corp. announced the sale of a 16-unit multifamily portfolio in Bridgeport, Connecticut, for $1.55 million ($96,875 per unit). The portfolio consisted of 33-35 Granfield Avenue (5 units), 43-45 Granfield Avenue (4 units), 330 Palisade Avenue (2...
The Best State Capital to Live In Is…

The Best State Capital to Live In Is…

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

For those who are looking to buy or sell property in their state capital, the number crunchers at WalletHub published their latest data analysis: 2025’s Best State Capitals to Live In. In this analysis, WalletHub compared the 50 state capitals using 48 metrics...
Hits and Misses for the Real Estate Week of Feb. 10-14

Hits and Misses for the Real Estate Week of Feb. 10-14

by Phil Hall | Feb 14, 2025 | Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

DOGE’s impact on Washington, Greenland hijinks and Redfin’s under the radar layoffs. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 10-14. Hit: Getting It Done. Earlier this week, the Department of Housing...
New Owner of Michael Jordan’s Chicago Mansion Renting It Out for $230,000 Per Month

New Owner of Michael Jordan’s Chicago Mansion Renting It Out for $230,000 Per Month

by Phil Hall | Feb 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The new owner of Michael Jordan’s former Chicago-area mansion is now renting the property for $230,000 per month. Realtor.com reports the property’s owner – John Cooper, a partner at the real estate company HAN Capital – initially planned to create a luxury timeshare...
Tennessee Homeowners Impacted by Hurricane Helene to Receive 130% Refund on Property Taxes

Tennessee Homeowners Impacted by Hurricane Helene to Receive 130% Refund on Property Taxes

by Phil Hall | Feb 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Tennessee Gov. Bill Lee has signed a bill that will provide a 130% refund of property taxes to homeowners whose residences were either damaged or destroyed by Hurricane Helene. WSMV.com reports the legislation was unanimously passed by both the Tennessee House and...
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