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Survey: Most Americans Are Unwilling or Uncertain About Moving

Survey: Most Americans Are Unwilling or Uncertain About Moving

by Phil Hall | Jul 2, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The majority of Americans are either unwilling or uncertain about moving out of their homes, according to new data published by the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB). The data, which was collected through the...
Redfin: Newly Built Apartments Are Filling at Slowest Pace in 4 Years

Redfin: Newly Built Apartments Are Filling at Slowest Pace in 4 Years

by Phil Hall | Jul 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Contrary to the “Field of Dreams” catchphrase, new apartment complexes are being built but not that many people are coming to rent units. According to new data from Redfin (NASDAQ:RDFN), less than half (47%) of newly constructed apartments that were completed in the...
Thompson Thrift to Develop Atlanta-Area Multifamily Community

Thompson Thrift to Develop Atlanta-Area Multifamily Community

by Phil Hall | Jul 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The multifamily developer Thompson Thrift announced its next project will be The Levi, a 212-unit Class A multifamily community located in the Atlanta suburb of Stockbridge, Georgia. The Levi will encompass roughly 15 acres within the 158-acre master-planned community...
Hits and Misses for the Real Estate Week of June 24-28

Hits and Misses for the Real Estate Week of June 24-28

by Phil Hall | Jun 28, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A presidential debate that mostly ignored housing issues, a growing disenchantment with homeownership and an effort to repopulate the villages of rural Italy. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 24-28. Miss:...
Bank of America Economist: Housing Market is ‘Stuck’ Until at Least 2026

Bank of America Economist: Housing Market is ‘Stuck’ Until at Least 2026

by Phil Hall | Jun 28, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A prominent housing economist had declared the U.S. housing market is “stuck and we are not convinced it will become unstuck” until at least 2026 or even later. In an interview with CNN, Michael Gapen, head of U.S. economics at Bank of America (NYSE:BAC), insisted...
Toll Brothers Opens Dallas Multifamily Community

Toll Brothers Opens Dallas Multifamily Community

by Phil Hall | Jun 28, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Toll Brothers Apartment Living, the rental division of the luxury builder Toll Brothers Inc. (NYSE: TOL), has partnered with Equity Residential for the opening of Lyle, a new multifamily community in Dallas. Lyle encompasses 334 apartments in a mix of studio, one-,...
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