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Q1 US Homeownership Rate Down Slightly

Q1 US Homeownership Rate Down Slightly

by Phil Hall | Apr 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The US homeownership rate of during the first quarter was 65.1%, according to data from the US Census Bureau. This is slightly below the 65.7% rate in the fourth quarter of 2024 and the 65.6% rate in the first quarter of 2024. The first quarter homeownership rate was...
Manufactured Housing Market Forecast to Reach $390 Billion by 2034

Manufactured Housing Market Forecast to Reach $390 Billion by 2034

by Phil Hall | Apr 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The US manufactured housing market was valued at $221.30 billion in 2024 and is projected to grow from $234.19 billion in 2025 to $389.72 billion by 2034, according to a new forecast from Market Research Future, adding this market will record a compound annual growth...
New Data Reports Find Home Prices Rising at Slower Pace

New Data Reports Find Home Prices Rising at Slower Pace

by Phil Hall | Apr 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two newly published data reports showed housing prices continued to rise, albeit at a slower level of acceleration. The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 3.9% annual return for February, down from a 4.1% annual gain in the...
Phoenix Man Fined by State for Real Estate Investment Fraud

Phoenix Man Fined by State for Real Estate Investment Fraud

by Phil Hall | Apr 29, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Arizona Corporation Commission (ACC), a regulatory state agency, has ordered Gary Martin of Phoenix and his affiliated company Reliant Income Properties LLC to pay $25,000 in restitution and a $10,000 administrative penalty for selling unregistered securities in...
NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump

NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump

by Phil Hall | Apr 29, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A New York legislator raised the idea of introducing a new bill that would prevent public buildings from being named after convicted felons – an action designed solely to prohibit Penn Station from being renamed after President Trump. The New York Post reports State...
Investor Indicted in $7 Million Brooklyn Deed Fraud Theft

Investor Indicted in $7 Million Brooklyn Deed Fraud Theft

by Phil Hall | Apr 28, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The improper sale of a Brooklyn property resulted in a real estate investor being charged with grand larceny and falsifying business records for cheating his fellow shareholders by making a transaction without their consent. According to the charges brought against...
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