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Lennar Debuts 3 Communities in Dallas-Fort Worth Area for First-Time Homebuyers

Lennar Debuts 3 Communities in Dallas-Fort Worth Area for First-Time Homebuyers

by Phil Hall | Feb 7, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Lennar Corp. (NYSE: LEN) is launching of three new Dallas-Fort Worth communities tailored aimed at first-time homebuyers. The three communities are Rosemary Ridge in Fort Worth, Deer Creek in Crowley and Ashton Homeplace in Keene. Each community...
Canadian Airport Owes $500,000 Property Tax

Canadian Airport Owes $500,000 Property Tax

by Phil Hall | Feb 7, 2025 | Commercial Real Estate News, International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The new owner of an airport on Newfoundland Island owes $500,000 in property taxes – but the mayor of the town where the airport is based is shrugging off the delinquency while the local chamber of commerce leader is furious. CBC reports Ottawa businessman Carl Dymond...
Vietnam Considers New Taxes to Address Growing Real Estate Speculation

Vietnam Considers New Taxes to Address Growing Real Estate Speculation

by Phil Hall | Feb 7, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, WRE News Exclusive

The government of Vietnam is considering new taxes designed to limit real estate speculation that has been driving up prices. Vietnam News reports Prime Minister Phạm Minh Chính has asked the Ministry of Finance to draft new policies designed to improve oversight of...
121 Net-Leased JCPenney Properties Now Available for Sale

121 Net-Leased JCPenney Properties Now Available for Sale

by Phil Hall | Feb 6, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Hilco JCP LLC and Copper Property CTL Pass Through Trust are now marketing 121 net-leased JCPenney properties located across 35 states representing over 16 million square feet. According to the companies, most of the portfolio’s properties are based in major...
1 in 4 Homebuyers in Texas Come from Out of State

1 in 4 Homebuyers in Texas Come from Out of State

by Phil Hall | Feb 6, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Texas led the nation in 2024 for new house permits, accounting for 15% of the national total despite only having a 9% share of the population. According to new data from Realtor.com, more than one in four people looking to buy a home in Texas are from out of state,...
Mortgage Rates Go Into Decline

Mortgage Rates Go Into Decline

by Phil Hall | Feb 6, 2025 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates were down in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.89% as of Feb. 6, down from last week when it averaged 6.95%. A year ago at this time, it averaged 6.64%. The...
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