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New Listing Activity Percolates Across Mid-Atlantic Region

New Listing Activity Percolates Across Mid-Atlantic Region

by Phil Hall | Aug 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New listing activity in the Mid-Atlantic region is up 5.5% year-to-date, with active listings at the end of July up 24.7% year-over-year, according to new data from Bright MLS. The median sold price in the Bright MLS service area in July was $420,000, up 5%...
Study: Most Homebuyers Find Properties That Fit Their Size Needs

Study: Most Homebuyers Find Properties That Fit Their Size Needs

by Phil Hall | Aug 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The percentage of new single-family homes constructed in the range of 1,600 to 3,000 square feet is tracking closely with the share of buyers seeking homes of that size, according to a data study from the National Association of Home Builders (NAHB) and the U.S....
Aperture Hotels Recruits Patrick Short as Chief Operating Officer

Aperture Hotels Recruits Patrick Short as Chief Operating Officer

by Phil Hall | Aug 12, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Aperture Hotels, an Atlanta-headquartered hospitality management provider specializing in premium lifestyle, compact full-service, and select-service hotels, announced the appointment of Patrick Short as chief operating operator. In his new role, Short will provide...
Study: One-Third of Property Managers Offer Concessions on Rental Housing

Study: One-Third of Property Managers Offer Concessions on Rental Housing

by Phil Hall | Aug 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new study from Zillow Group (NASDAQ: Z, ZG) found 33.2% of rental listings on the Zillow platform offer concessions such as free weeks of rent or free parking as an incentive to attractive prospective tenants. This is up slightly from 33% in June and 25.4% one year...
M&T Bank Appoints Lopa Kolluri as Head of Affordable Housing Lending

M&T Bank Appoints Lopa Kolluri as Head of Affordable Housing Lending

by Phil Hall | Aug 12, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Buffalo, New York-headquartered M&T Bank (NYSE: MTB) has appointed Lopa Kolluri as head of affordable housing lending. In her new role, Kolluri will be based in the bank’s New York City office and will be responsible for the development, oversight, and day-to-day...
New Study Names Massachusetts as the Best State to Live In

New Study Names Massachusetts as the Best State to Live In

by Phil Hall | Aug 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number crunchers at WalletHub are back with yet another list, this time with the 2024 edition of The Best States to Live In. For this study, WalletHub compared the 50 states across five key dimensions: housing affordability, the state economy, education and...
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