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CoreLogic: Single-Family Home Price Growth Continues at Single-Digit Pace

CoreLogic: Single-Family Home Price Growth Continues at Single-Digit Pace

by Phil Hall | Jun 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family home price growth rose by 2% year-over-year in April, according to new data from CoreLogic. This marked the 135th consecutive month of annual growth but the sixth straight month of single-digit gains. On a month-over-month basis, home prices increased by...
Poplar Homes Acquires Venture REI’s Single-Family Property Management Business

Poplar Homes Acquires Venture REI’s Single-Family Property Management Business

by Phil Hall | Jun 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Poplar Homes, a Cupertino, California-based proptech for single-family rental investors, has acquired Venture REI’s Arizona-based single-family for rent property management portfolio for an undisclosed sum. The acquisition marks Poplar’s entry into the...
Rihanna Lists Beverly Hills Property for $10.5 Million

Rihanna Lists Beverly Hills Property for $10.5 Million

by Phil Hall | Jun 5, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Recording superstar Rihanna has become the latest celebrity to list a property for sale – in this case, one of her residences in Beverly Hills is on the market for $10.5 million. And, yes, the property’s ZIP code is 90210. The half-acre property features a...
Survey: 43% of Americans No Longer Sure If or When They Will Buy a Home

Survey: 43% of Americans No Longer Sure If or When They Will Buy a Home

by Phil Hall | Jun 5, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest BMO Real Financial Progress Index is predicting this year will not have a Summer of Love when it comes to homebuying. The new index report polled 2,500 American adults and found only 6% of respondents who are planning a home purchase in the near future will...
Affordable Homeownership Strangled by Tighter Credit, Low Inventory

Affordable Homeownership Strangled by Tighter Credit, Low Inventory

by Phil Hall | Jun 5, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Affordable homeownership opportunities continue to be an elusive concept, with new data from Black Knight Inc. (NYSE:BKI) that found all of the nation’s 100 largest markets remain less affordable than their respective long-term averages. The new data study determined...
AirBNB Sues NYC Over Short-Term Rental Rules, Calling Them a ‘De Facto Ban’

AirBNB Sues NYC Over Short-Term Rental Rules, Calling Them a ‘De Facto Ban’

by Phil Hall | Jun 5, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Airbnb Inc. (NASDAQ:ABNB) is suing New York City over a 2022 law that the company said creates an unofficial ban on short-term rentals in the city. The law requires owners of properties seeking to engage in short-term rental to register with the mayor’s office and to...
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