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Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home

Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home

by Phil Hall | Apr 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

According to a new data report that will not be welcome by those seeking to buy existing homes, more than three-quarters (78%) of older homeowners plan to stay in their current home as they age. A new survey of 3,000 homeowners and renters by Redfin (NASDAQ: RDFN),...
Zillow: US Has 550 Million-Dollar Cities, a New Record High

Zillow: US Has 550 Million-Dollar Cities, a New Record High

by Phil Hall | Apr 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. recorded a new high of 550 “million-dollar” cities — where the typical home is worth $1 million or more — according to a data analysis by Zillow (NASDAQ:Z, ZG). This is 59 more from 2023. Zillow noted the typical U.S. home is worth 4.2% more than...
CoreLogic: Annual Home Price Growth Up 5.5% in February

CoreLogic: Annual Home Price Growth Up 5.5% in February

by Phil Hall | Apr 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family home prices were up in February by 5.5% year-over-year, according to new data from CoreLogic. On a month-over-over measurement, prices were up by 0.7%. Among states, South Dakota ranked first for annual appreciation in January (up by 13.8%), followed by...
Capital Square Completes Construction on Single-Family BFR Community Outside Dallas

Capital Square Completes Construction on Single-Family BFR Community Outside Dallas

by Phil Hall | Apr 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Capital Square announced the completion of construction at Perch Denton, a 195-unit, single-family build-for-rent community in the Dallas suburb of Denton, Texas. The 18-acre development includes a mix of one-, two- and three-bedroom single-family homes that average...
Eco-Friendly Real Estate Developer Z Life Plans Nationwide Expansion

Eco-Friendly Real Estate Developer Z Life Plans Nationwide Expansion

by Phil Hall | Apr 2, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Z Life, the sustainability-focused real estate developer, announced plans for a national expansion following the March 15 launch of Midtown, its latest luxury residential project in Las Vegas’ Arts District. According to the company, the expansion will include...
A Phil Hall Op-Ed: Will the NAR Settlement Create a Lose-Lose Scenario for Homebuyers?

A Phil Hall Op-Ed: Will the NAR Settlement Create a Lose-Lose Scenario for Homebuyers?

by Phil Hall | Apr 1, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: As the proverbial dust is settling on the National Association of Realtors’ (NAR) $418 million settlement, a growing number of voices are starting to complain loudly that the changes being enacted on the home selling structure will not bode well for...
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