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CBRE Forecasts Modest RevPAR Growth for US Hotels in 2025

CBRE Forecasts Modest RevPAR Growth for US Hotels in 2025

by Phil Hall | May 16, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A new US hotel sector forecast published by CBRE (NYSE: CBRE) is predicting revenue per available room (RevPAR) will grow modestly in 2025, with activity fueled by urban locations benefitting from increased group and business travel along with rising demand for...
Woodrow Wilson’s 19th Century New Jersey Home Listed for $6.5 Million

Woodrow Wilson’s 19th Century New Jersey Home Listed for $6.5 Million

by Phil Hall | May 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Princeton, New Jersey, home of President Woodrow Wilson when he was a university professor was listed for $6.5 million. Mansion Global reports the Tudor Revival home was constructed 1896 when Wilson was teaching at Princeton University. The home is roughly a half...
Report: Little Change in Real Estate Agent Commissions Since NAR Settlement

Report: Little Change in Real Estate Agent Commissions Since NAR Settlement

by Phil Hall | May 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average buyer’s agent commission was 2.40% for homes sold in the first quarter, according to a data report from Redfin (NASDAQ: RDFN), up from 2.37% in the fourth quarter of 2024 and from 2.36% in the third quarter of 2024 when the new National Association of...
Single-Family Housing Starts Down 2.1%

Single-Family Housing Starts Down 2.1%

by Phil Hall | May 16, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in April were at a rate of 927,000, according to new data from the US Census Bureau and the Department of Housing and Urban Development. This is 2.1% below the revised March figure of 947,000. Privately-owned housing starts in April were...
Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April

Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April

by Phil Hall | May 16, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Ginnie Mae announced that its mortgage-backed securities (MBS) portfolio outstanding reached $2.74 trillion as of April. The April issuance encompassed $42.2 billion in total MBS, resulting in a net portfolio growth of $10.6 billion. This included $40.7 billion in...
Canadian Home Sales Flattened in April

Canadian Home Sales Flattened in April

by Phil Hall | May 16, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The number of sales recorded over Canadian MLS Systems was unchanged (-0.1%) between March and April, pausing the trend of declining activity since the beginning of the year. According to the Canadian Real Estate Association (CREA), actual (not seasonally adjusted)...
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