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Poland Leads the World for Miami Property Searches

Poland Leads the World for Miami Property Searches

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

For the first time ever, the most global web searches for South Florida real estate originated from Poland. According to data from the Miami Association of Realtors, prospective buyers from Poland led the property-curios of 149 countries in home searches on...
Person of the Week: James Glasgow, Chief Investment Officer at Castle Lanterra

Person of the Week: James Glasgow, Chief Investment Officer at Castle Lanterra

by Phil Hall | Mar 19, 2024 | News/Current Events, Person of the Week, Real Estate News, U.S. Housing Market, WRE News Exclusive

For this new installment of our Person of the Week feature, the topic is the multifamily housing market and our guest expert is James Glasgow, chief investment officer at Castle Lanterra, a Suffern, New York-headquartered real estate investment company focused on the...
RE/MAX: Home Sales Soar 17%

RE/MAX: Home Sales Soar 17%

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

Home sales in February recorded a 17% upswing from January and a 2.3% uptick from one year earlier, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). “The February jump in sales activity illustrates the strength of demand in...
FHA Raises Loan Limits for Manufactured Homes

FHA Raises Loan Limits for Manufactured Homes

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

The Federal Housing Administration (FHA) announced new loan limits for its Title I Manufactured Home Loan Program, which marks the first time since 2008 that the loan limits are being increased. Effective for FHA case numbers assigned on or after March 29, the new...
Single-Family Housing Starts Jump by 11.6%

Single-Family Housing Starts Jump by 11.6%

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

Single‐family housing starts in February were at a rate of 1.12 million, according to new data from the U.S. Census Bureau and U.S. Department of Housing and Urban Development. This is 11.6% above the revised January figure of 1.01 million. Privately‐owned housing...
A Phil Hall Op-Ed: X Marks the NAR Settlement Spot

A Phil Hall Op-Ed: X Marks the NAR Settlement Spot

by Phil Hall | Mar 18, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Following Friday’s announcement of the National Association of Realtors’ (NAR) $418 million settlement of the Sitzer/Barnett lawsuit and its pledge to change its commission structure in the home sale process, a lot of people had the overwhelming urge to voice their...
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