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Work Begins on First Mixed-Use Complex Featuring Costco and Apartments

Work Begins on First Mixed-Use Complex Featuring Costco and Apartments

by Phil Hall | Sep 23, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new mixed-use development in South Los Angeles will become the first to feature a Costco big box retail store with apartments. A groundbreaking ceremony took place on Sept. 18 at the former site of View Park Community Hospital in the Baldwin Village section of the...
Alabama Home Sales Down After Six Straight Months of Increases

Alabama Home Sales Down After Six Straight Months of Increases

by Phil Hall | Sep 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in Alabama declined in August after six consecutive months of increases while the state’s median sales price reached a new recent high. According to data from the Alabama Association of Realtors, the state recorded 5,974 home sales in last month, a 2.6%...
American Real Estate Association Starts Petition to End NAR’s Clear Cooperation Policy

American Real Estate Association Starts Petition to End NAR’s Clear Cooperation Policy

by Phil Hall | Sep 23, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The American Real Estate Association (AREA) has launched a petition calling on the National Association of Realtors (NAR) to repeal its Clear Cooperation Policy. The petition on the Change.org site claims that NAR forces real estate professionals to “submit listings...
Pennsylvania’s Housing Market Holds Steady

Pennsylvania’s Housing Market Holds Steady

by Phil Hall | Sep 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania’s housing market held steady in August with a slight decline in home sales and stabilizing home prices. According to data from the Pennsylvania Association of Realtors (PAR), the state recorded 11,514 home sales in August, a 1% year-over-year...
Hits and Misses for the Real Estate Week of Sept. 16-20

Hits and Misses for the Real Estate Week of Sept. 16-20

by Phil Hall | Sep 20, 2024 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new plan to expand federal involvement in housing, a deed thief gets arrested, and Home Depot pays for overcharging customers. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 16-20. Miss: AOC Talks Housing. This week,...
Maine Home Sales Amid Higher Prices and Lower Inventory

Maine Home Sales Amid Higher Prices and Lower Inventory

by Phil Hall | Sep 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in Maine were on the rise in August despite a limited inventory and higher prices. According to new data from the Maine Association of Realtors, the state recorded 1,535 home sales last month, up 1.66% from the 1,150 sales in August 2023. The median home...
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