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Housing Starts Up in Canada’s Largest Cities

Housing Starts Up in Canada’s Largest Cities

by Phil Hall | Sep 26, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Housing starts in Canada’s six largest census metropolitan areas (CMAs) totaled 68,639 units in the first half of this year, up by 4% from the 65,905 units in the same period during 2023, driven by significant increases in Calgary, Edmonton, and Montreal. According to...
Vanderbilt University Leases 2.2-Acre Campus in Manhattan

Vanderbilt University Leases 2.2-Acre Campus in Manhattan

by Phil Hall | Sep 26, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Nashville’s Vanderbilt University has signed a 99-year lease on a 2.2-acre campus property in the Chelsea section of Manhattan. The campus, which takes up nearly a full city block and encompasses 13 buildings spanning approximately 150,000 square feet, is owned by The...
Cardone Capital Acquires 331-Unit Multifamily Property in Fort Lauderdale

Cardone Capital Acquires 331-Unit Multifamily Property in Fort Lauderdale

by Phil Hall | Sep 26, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Cardone Capital, the real estate investment firm led by high-profile investor Grant Cardone, announced the all-cash acquisition of The Edge at Flagler Village, a luxury 331-unit multifamily property in Fort Lauderdale. The financial aspects of the transaction were not...
Pending Home Sales Up Slightly in August

Pending Home Sales Up Slightly in August

by Phil Hall | Sep 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales inched up by 0.6% in August, according to data from the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI), NAR’s forward-looking indicator of home sales based on contract signings, increased to 70.6 in August; an index of...
Tech Trends: Help for the Property Owners

Tech Trends: Help for the Property Owners

by Phil Hall | Sep 26, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

This week’s edition for Tech Trends highlights four new tools designed to help current and prospective property owners. Keeping the Title Safe. Iris Powered by Generali, a provider of a proprietary identity and cyber protection platform, has unveiled Total Title...
Mortgage Application Payments Down by Nearly 4%

Mortgage Application Payments Down by Nearly 4%

by Phil Hall | Sep 26, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national median payment applied for by purchase applicants dropped from $2,140 in July to $2,057 in August, a 3.9% tumble, according to new data from the Mortgage Bankers Association (MBA). On a year-over-year measurement, the median payment was down by $113, a...
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