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Report: Renting is More Affordable Than Homebuying in All But 2 Major Metros

Report: Renting is More Affordable Than Homebuying in All But 2 Major Metros

by Phil Hall | Feb 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Renting is more affordable than buying a home in all but two of the top 50 metro markets in January, according to a new data report from Realtor.com. One year ago, there were six markets where buying was less expensive than renting. The average median asking rent in...
Florida Gov. DeSantis Voices Support for Eliminating Property Taxes

Florida Gov. DeSantis Voices Support for Eliminating Property Taxes

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

Florida Gov. Ron DeSantis gave his support for the elimination of state property taxes, recommending that the idea be put before voters. DeSantis made his position known through a response to an X user who stated, “Property taxes should not be charged based on assumed...
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...
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