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Case-Shiller: Home Prices Ended 2023 on the Rise

Case-Shiller: Home Prices Ended 2023 on the Rise

by Phil Hall | Feb 27, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest data from the S&P CoreLogic Case-Shiller Indices affirmed that home prices ended 2023 at a higher level. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.5% annual gain in December, up from a 5% rise in the previous...
Unlocking the American Dream: The Enduring Value of Homeownership

Unlocking the American Dream: The Enduring Value of Homeownership

by John G. Stevens | Feb 26, 2024 | Real Estate News, U.S. Housing Market

In the great American dream, owning a home stands as a symbol of success, stability, and personal achievement. It’s a narrative deeply ingrained in the fabric of society, where the picket fence and backyard garden represent not just a place to live, but a...
Pretium’s ‘First Look Home’ Program Seeks to Expand Affordable Homeownership

Pretium’s ‘First Look Home’ Program Seeks to Expand Affordable Homeownership

by Phil Hall | Feb 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pretium, a New York City-headquartered specialized investment firm focused on residential real estate, residential credit, and corporate credit, has introduced the nationwide not-for-profit partnership program “First Look Home,” which is designed to...
Mercedes-Benz Unveils First U.S. Branded Residential Project

Mercedes-Benz Unveils First U.S. Branded Residential Project

by Phil Hall | Feb 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The automaker Mercedes-Benz has teamed with the real estate firm JDS Development Group to unveil Mercedes-Benz Places, a 67-story mixed-use residential project in Miami. According to the companies, the new development spans over 2.5 million square feet and is one of...
HUD Awards Nearly $4 Million for Research on Office Property-to-Residential Conversions

HUD Awards Nearly $4 Million for Research on Office Property-to-Residential Conversions

by Phil Hall | Feb 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) has awarded nearly $4 million in to 11 entities for research regarding office property-to-residential conversions. The Offsite Construction and Land Use Reform Notice of Funding Opportunity (NOFO) divided $3...
Hits and Misses for the Real Estate Week of Feb. 19-23

Hits and Misses for the Real Estate Week of Feb. 19-23

by Phil Hall | Feb 23, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An upstart trade group’s PR coup, an iconic theater saved by Hollywood’s A-list and an unwanted honor for New Jersey. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Feb. 19-23. Hit: The Voice of the Industry? Real estate...
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