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Inbound Migration to Sun Belt States Waned in 2024

Inbound Migration to Sun Belt States Waned in 2024

by Phil Hall | Apr 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fewer new residents were moving into Florida, Texas and other Sun Belt states during 2024, according to a new data report from Redfin (NASDAQ: RDFN). Among the region’s major metro areas, Tampa recorded a net inflow of just over 10,000 residents last year, less than...
Builder Confidence Records a Scant Uptick Amid Tariff Jitters

Builder Confidence Records a Scant Uptick Amid Tariff Jitters

by Phil Hall | Apr 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes was up slightly this month, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The April HMI registered as 40, up one point from March; any number...
Mortgage Application Volume Down 8.5%

Mortgage Application Volume Down 8.5%

by Phil Hall | Apr 16, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed for the week ending April 11, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 8.5% on a seasonally adjusted basis from one week...
The Most Affordable City for Rental Housing Is…

The Most Affordable City for Rental Housing Is…

by Phil Hall | Apr 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

With rent payments soaking up to as much as one-third of median income in some areas, WalletHub is now offering its study “Cities with the Most Affordable Rent” to detail which metro areas enable renters to keep more of the earnings. The data analysis of more than 180...
Security Properties Acquires Seattle Apartment Complex for $34.7 Million

Security Properties Acquires Seattle Apartment Complex for $34.7 Million

by Phil Hall | Apr 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Security Properties, in partnership with RGA ReCap Inc. on behalf of Reinsurance Group of America Inc., has acquired Seattle’s 100-unit property Henry Apartments for $34.7 million. Henry Apartments was built in 2017, and Security Properties is planning a targeted...
Placemakr Launches First Utah Property

Placemakr Launches First Utah Property

by Phil Hall | Apr 15, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Placemakr, a flexible-use hospitality and multifamily operator, has launched of its first Utah property in Salt Lake City. Placemakr Salt Lake City at Brix will offer 100 studio, one, and two-bedroom units available for residential leasing and 45 fully furnished...
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