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Median Rent Prices Down for Eighth Consecutive Month

Median Rent Prices Down for Eighth Consecutive Month

by Phil Hall | Apr 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median rent prices inched down by 0.3% year-over-year in March, according to new data from Realtor.com. This marked the eighth consecutive month of declines in year-over-year prices. Nonetheless, the median rent of $1,722 was only $36 less than the peak seen in August...
Bryan Cranston Lists NYC Apartment for $3.5 Million

Bryan Cranston Lists NYC Apartment for $3.5 Million

by Phil Hall | Apr 30, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

“Breaking Bad” star Bryan Cranston has listed his co-op apartment on Manhattan’s Central Park South or $3.495 million. The Wall Street Journal reports Cranston acquired the apartment for $3.1 million in 2017 when he relocated to New York City to appear in the Broadway...
First American: Overvalued Housing Market Squashes Affordable Homeownership

First American: Overvalued Housing Market Squashes Affordable Homeownership

by Phil Hall | Apr 29, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half of the nation’s top 50 metro markets are overvalued, which is fueling the continued lack of affordable homeownership opportunities, according to the latest Real House Price Index (RHPI) data from First American Data & Analytics, a division of First...
Cher’s One-Time Beverly Hills Home Listed for $4.1 Million

Cher’s One-Time Beverly Hills Home Listed for $4.1 Million

by Phil Hall | Apr 29, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Beverly Hills home once owned by entertainment icon Cher has been listed for $4.1 million. The two-story home was built in 1957 and is located on a half-acre parcel at the end of a cul-de-sac. According to The Robb Report, Cher paid a little more than $2.1 million...
Kennedy Wilson and Haseko Buy Two Washington Multifamily Communities for $90 Million

Kennedy Wilson and Haseko Buy Two Washington Multifamily Communities for $90 Million

by Phil Hall | Apr 29, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A real estate fund managed by the real estate investment firm Kennedy Wilson has teamed with Haseko Corporation, a Japanese construction and development company, to acquire a pair of multifamily communities in Vancouver, Washington, for $90 million. The portfolio...
Connecticut Home Built in 1738 Listed for $1.95 Million

Connecticut Home Built in 1738 Listed for $1.95 Million

by Phil Hall | Apr 29, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A four-bedroom historic saltbox home built in 1738 in Connecticut has been listed at $1.95 million. The Marsh-Whitlock House is a four-bedroom, three-bedroom, 2,686-square-foot residence located on a 33-acre property in the town of Warren. The home is named for...
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