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Wisconsin Home Sales Up 7.4% in January

Wisconsin Home Sales Up 7.4% in January

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

Wisconsin existing home sales in January were up by 7.4% compared to their January 2023 levels, according to new data from the Wisconsin Realtors Association. Wisconsin recorded 3,3436 home sales last month, compared to 3,200 in January 2023. This marked the first...
Disparity Gap Shrinks Between ‘Income Mortgage-Ready’ Black and White Renting Households

Disparity Gap Shrinks Between ‘Income Mortgage-Ready’ Black and White Renting Households

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

The gap between the share of Black and White households in rental properties that could comfortably afford a mortgage payment narrowed during the pandemic, according to new data from Zillow (NASDAQ:Z, ZG). Zillow cited American Community Survey statistics from 2022...
Guest Opinion: How to Fix New York City’s Housing Crisis

Guest Opinion: How to Fix New York City’s Housing Crisis

by John Ketcham | Feb 22, 2024 | Guest Opinion, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

John Ketcham is a fellow and director of cities at the Manhattan Institute for Policy Research. This article is adapted from written testimony submitted today before the U.S. House of Representatives’ Subcommittee on Housing and Insurance hearing “Restoring Prosperity...
Anaheim Multifamily Community Chateau de Ville Sells for $79 Million

Anaheim Multifamily Community Chateau de Ville Sells for $79 Million

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

Marcus & Millichap (NYSE:MMI) announced the sale of Chateau de Ville, a 254-unit multifamily property in Anaheim, California for $79 million, or $311,326 per unit. Built in 1970 on nine acres, Chateau de Ville is a 21-building, controlled-access community with a...
Single-Family Home Sales Up in Florida

Single-Family Home Sales Up in Florida

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

Closed sales of single-family homes in Florida totaled 14,851 in January, up 0.6% year-over-year, while existing condo-townhouse sales totaled 6,008, down 1.2% from last year, according to data from the Florida Realtors Research Department. During January, Florida’s...
Fewer Listings, Fewer Home Sales in New York State

Fewer Listings, Fewer Home Sales in New York State

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

The inventory of homes for sale across New York State shrank by 10.2% in January from 39,544 homes available in 2023 to 35,492 units on the market in 2024, according to new data from the New York State Association of Realtors. This marked the 11th consecutive month...
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