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Builder Confidence Remains Unchanged for April

Builder Confidence Remains Unchanged for April

by Phil Hall | Apr 15, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder sentiment was unchanged from March to April, with the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI) staying at 51 – the first static reading after four months of index gains. The HMI index charting current sales...
Zillow: Homes Sell on Average After 13 Days on the Market

Zillow: Homes Sell on Average After 13 Days on the Market

by Phil Hall | Apr 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

If today’s housing market had a theme song, it could be the Badfinger classic that warns listeners: “If you want it, here it is, come and get it, but you’d better hurry ’cause it’s goin’ fast.” Homes that sold in March were...
Hits and Misses for the Real Estate Week of April 8-12

Hits and Misses for the Real Estate Week of April 8-12

by Phil Hall | Apr 12, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An upswing in housing costs, a renewed concern over real estate agent safety and a tax hike for Boston’s commercial properties. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 8-12. Miss: A Dent in the Wallet....
Report: FBI Agents Seek Federal Help to Cover Housing Costs

Report: FBI Agents Seek Federal Help to Cover Housing Costs

by Phil Hall | Apr 12, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

FBI agents assigned to cities with a high cost of living are seeking federal assistance to help cover their housing expenses. According to an NPR report, the FBI Agents Association has requested $165 million to be included in the Justice Department’s 2025 budget...
Pennsylvania Housing Finance Agency Allocates $4.5 Million for 7 Mixed-Use Projects

Pennsylvania Housing Finance Agency Allocates $4.5 Million for 7 Mixed-Use Projects

by Phil Hall | Apr 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Pennsylvania Housing Finance Agency (PHFA) announced $4.5 million will be awarded to seven projects involving the construction or rehabilitation of mixed-use developments. According to the PHFA, the funding was raised through the sale of tax credits under the...
A&D Mortgage Launches Promotion for Northeast Markets

A&D Mortgage Launches Promotion for Northeast Markets

by Phil Hall | Apr 12, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Hollywood, Florida-headquartered A&D Mortgage has announced a spring promotion for the Northeast real estate market. According to the company, eligible mortgage brokers will be able to extend to their clients a special 0.375 price credit for all Non-Qualified...
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