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Upstate NY Island with Celebrity Past Listed for Nearly $3 Million

Upstate NY Island with Celebrity Past Listed for Nearly $3 Million

by Phil Hall | Jun 14, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A private island in upstate New York with a historic residence that welcomed prominent residents and visitors has been listed for $2.97 million. Camp Northwind, located on an 8.6-acre island on Chazy Lake in the Adirondack Mountains, features a five-bedroom,...
Hotel Void to Be Filled in Connecticut’s Largest City

Hotel Void to Be Filled in Connecticut’s Largest City

by Phil Hall | Jun 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Connecticut’s largest city has been without a hotel for more than two years, but a new partnership is planning to fill that lodging void. True North Hotel Group Inc. and Bridgeport Landing Development announced plans to build a Residence Inn by Marriott in Bridgeport....
RE/MAX: Increased Inventory and New Listings Help Fuel Rising Home Sales

RE/MAX: Increased Inventory and New Listings Help Fuel Rising Home Sales

by Phil Hall | Jun 14, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales were up in May thanks to inventory and new listings reaching levels that have not been seen since the second half of 2022, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). In the 53 metro areas tracked by RE/MAX in May,...
San Jose to Allow Homeowners to Sell ADUs

San Jose to Allow Homeowners to Sell ADUs

by Phil Hall | Jun 14, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

San Jose is ready to become the first California city that will allow homeowners to sell accessory dwelling units (ADUs) on their property. According to an NBC Bay Area report, San Jose issued over 460 permits enabling homeowners to build ADUs on their property after...
Douglas Elliman Released from Batton 2 Lawsuit

Douglas Elliman Released from Batton 2 Lawsuit

by Phil Hall | Jun 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Douglas Elliman has become the latest brokerage to be released from a contentious homebuyers’ lawsuit regarding real estate broker commissions. According to combined media reports, the plaintiffs in the Batton 2 lawsuit dismissed the brokerage without prejudice,...
Cleveland Fed’s Mester Wants More Good Inflation Data Before Rate Cuts

Cleveland Fed’s Mester Wants More Good Inflation Data Before Rate Cuts

by Phil Hall | Jun 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The outgoing president of the Cleveland Federal Reserve welcomed this week’s data pointing to lower inflation readings but warned that the central bank has to “see that continue a bit longer” before it can consider cutting interest rates. In an interview...
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