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16-Unit Connecticut Multifamily Portfolio Sells for $1.55 Million

16-Unit Connecticut Multifamily Portfolio Sells for $1.55 Million

by Phil Hall | Feb 17, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

National Multifamily Corp. announced the sale of a 16-unit multifamily portfolio in Bridgeport, Connecticut, for $1.55 million ($96,875 per unit). The portfolio consisted of 33-35 Granfield Avenue (5 units), 43-45 Granfield Avenue (4 units), 330 Palisade Avenue (2...
Senate Democrat Leaders Demand HUD Halt Staff Cuts

Senate Democrat Leaders Demand HUD Halt Staff Cuts

by Phil Hall | Feb 17, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Five Democratic leaders in the US Senate – including Minority Leader Sen. Chuck Schumer (D-NY) and Ranking Member of the Banking, Housing and Urban Affairs Committee Sen. Elizabeth Warren (D-MA) – sent a letter to Housing and Urban Development (HUD) Secretary Scott...
The Best State Capital to Live In Is…

The Best State Capital to Live In Is…

by Phil Hall | Feb 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

For those who are looking to buy or sell property in their state capital, the number crunchers at WalletHub published their latest data analysis: 2025’s Best State Capitals to Live In. In this analysis, WalletHub compared the 50 state capitals using 48 metrics...
Canadian Housing Starts Up 3%

Canadian Housing Starts Up 3%

by Phil Hall | Feb 17, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canada recorded a 3% increase in the seasonally adjusted annual rate of housing starts in January with a total of 239,739 units, compared to December’s total of 232,492 units. The Canada Mortgage and Housing Corporation (CMHC) reported actual housing starts were up 7%...
English Housing Development Disrupted by Endangered Spider Colony

English Housing Development Disrupted by Endangered Spider Colony

by Phil Hall | Feb 17, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Development on a new community in Southeast England came to a halt following the discovery of a small colony of endangered species. Kent Online reports construction on a section of the 15,000-home Ebbsfleet Garden City project was stopped over concerns that a...
CoStar Group Acquires Agricultural Land Data Firm

CoStar Group Acquires Agricultural Land Data Firm

by Phil Hall | Feb 17, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CoStar Group Inc. (NASDAQ: CSGP) has acquired the agricultural data company Ag-Analytics. According to the companies, the acquisition will extend CoStar Group’s Land.com platform into the agricultural land sector by incorporating data capabilities for farmland,...
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