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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...
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...
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