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Sun Communities Adds Two Directors to Board

Sun Communities Adds Two Directors to Board

by Phil Hall | Feb 16, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Sun Communities Inc. (NYSE: SUI), a real estate investment trust with a 670 developed manufactured housing, RV and marina properties, announced the appointments of Jerry Ehlinger and Craig A. Leupold to its board of directors. Ehlinger most recently he served as...
Toronto City Council Approves 9.5% Residential Property Tax Hike

Toronto City Council Approves 9.5% Residential Property Tax Hike

by Phil Hall | Feb 15, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Toronto City Council voted to approve a 9.5% residential property tax hike, the largest of its kind in more than 25 years. According to a CBC report, the vote during a special budget meeting on Wednesday was based on the rate proposed by Mayor Olivia Chow. The...
Christopher Todd Communities to Open Three New Regional Offices

Christopher Todd Communities to Open Three New Regional Offices

by Phil Hall | Feb 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Build-to-Rent developer Christopher Todd Communities has announced plans to open regional offices in Florida, Texas and Utah to support the creation of new luxury rental home communities. The first new office has opened in Boca Raton, Florida, and will focus on...
Mortgage Rates Rise Again

Mortgage Rates Rise Again

by Phil Hall | Feb 15, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates were back on the rise, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.77% as of Feb. 15, up from last week when it averaged 6.64%. A year ago at this time, it...
The Top Market for Real Estate Investing in Short-Term Rentals Is…

The Top Market for Real Estate Investing in Short-Term Rentals Is…

by Phil Hall | Feb 15, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

AirDNA, an online resource that tracks the performance data of Airbnb & Vrbo vacation rentals, has announced its’ list of the best places for real estate investors to acquire short-term rentals. Columbus, Georgia, topped the list, with AirDNA citing “its...
Builder Confidence at 6-Month High

Builder Confidence at 6-Month High

by Phil Hall | Feb 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes climbed four points to 48 in February, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This marks the HMI’s highest level since last...
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