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1 in 8 San Francisco Homeowners Lose Money in Sale

1 in 8 San Francisco Homeowners Lose Money in Sale

by Phil Hall | Sep 11, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A home seller in San Francisco is four times more likely to take a loss on their transaction compared to the average U.S. home seller, according to new data from Redfin (NASDAQ:RDFN) that determined the typical Bay Area seller sells their home for $100,000 less than...
Hits and Misses for the Real Estate Week of Sept. 4-8

Hits and Misses for the Real Estate Week of Sept. 4-8

by Phil Hall | Sep 8, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Disturbing data from the mortgage world, a new grass roots movement for affordable housing in California, and a Manhattan high-rise where you can park your car outside of your apartment’s front door. From the wild and woolly world of real estate, here are the...
Long Island Man Pretending to be a Realtor Arrested in Rental Housing Scam

Long Island Man Pretending to be a Realtor Arrested in Rental Housing Scam

by Phil Hall | Sep 8, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A man in the Suffolk County section of New York’s Long island who falsely claimed to be a realtor was arrested for scamming people out of tens of thousands of dollars for rental properties. ABC7NY.com reported 24-year-old Christian Anderson, who also went by the alias...
New Report Examines the State of Multifamily Construction

New Report Examines the State of Multifamily Construction

by Phil Hall | Sep 8, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), has released the new report “Pullback in Multifamily Construction Starts.” According to the company, the new report offers the latest apartment construction research and analysis,...
US Recorded 1.7% Decline in Home Equity During Q2

US Recorded 1.7% Decline in Home Equity During Q2

by Phil Hall | Sep 8, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

American homeowners with mortgages experienced a 1.7% year-over-year decline in home equity during the second quarter, according to new data from CoreLogic. This decrease represented a collective loss of $287.6 billion and an average loss of $8,300 per borrower. On a...
Marilyn Monroe’s Final Home Slated for Demolition

Marilyn Monroe’s Final Home Slated for Demolition

by Phil Hall | Sep 7, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Los Angeles home that was the final residence of film legend Marilyn Monroe, where her body was discovered more than six decades ago, is being slated for demolition. The New York Post reported the 2,624-square-foot home at 12305 Fifth Helena Drive in the city’s...
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