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Investment Firm Acquires Kinexx Modular Construction

Investment Firm Acquires Kinexx Modular Construction

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

The investment firm LaPhair Capital Partners announced its acquisition of Kinexx Modular Construction, a provider of modular building solutions. Kinexx will operate as a subsidiary of LaPhair Capital Partners, with Scott Upshaw as its new CEO. LaPhair plans to bolster...
The Most Eco-Friendly Housing Market Is…

The Most Eco-Friendly Housing Market Is…

by Phil Hall | Apr 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Six of the top 10 eco-friendly housing markets are in California and all 10 are either in the Pacific or Mountain time zones, according to a new data report from Realtor.com. For this report, data was culled from Realtor.com listings with eco-friendly keywords...
HUD Announces Final Rule for Federal Flood Risk Management Standard

HUD Announces Final Rule for Federal Flood Risk Management Standard

by Phil Hall | Apr 22, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) published a Federal Flood Risk Management Standard (FFRMS) final rule in the Federal Register designed to help communities prepare for and reduce flood damage. According to HUD, the final rule updates two of...
Hits and Misses for the Real Estate Week of April 15-19

Hits and Misses for the Real Estate Week of April 15-19

by Phil Hall | Apr 19, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A trio of troubling housing market data reports, a new wave of Texas residents and an unlikely KISS tribute. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 15-19. MISS: Going Down the Wrong Road? This week witnessed...
North Carolina Mobile Home Community Sells for $12.8 Million

North Carolina Mobile Home Community Sells for $12.8 Million

by Phil Hall | Apr 19, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The commercial real estate brokerage Marcus & Millichap (NYSE: MMI) announced the $12.8 million the sale of Cape Fear Village, a 183-lot mobile home property located in Fayetteville, North Carolina. Cape Fear Village opened in 2000 and spans 45.8 acres. The...
Median Luxury Home Price at New Record High

Median Luxury Home Price at New Record High

by Phil Hall | Apr 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median-priced U.S. luxury home sold for a record $1.225 million in the first quarter, up 8.7% from a year earlier, according to new data from Redfin (NASDAQ: RDFN). In comparison, the median price for non-luxury homes rose by 4.6% year-over-year to $345,000, also...
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