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Hits and Misses for the Real Estate Week of Dec. 25-29

Hits and Misses for the Real Estate Week of Dec. 25-29

by Phil Hall | Dec 29, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An acute lack of affordable homeownership opportunities, another lawsuit challenging broker commissions and a Frank Lloyd Wright-designed house that changed hands for the first time since 1955. From the wild and wooly world of real estate, here are the hits and misses...
Study: Less Than 16% of Homes for Sale in 2023 Were Affordable to Typical US Households

Study: Less Than 16% of Homes for Sale in 2023 Were Affordable to Typical US Households

by Phil Hall | Dec 26, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only 15.5% of homes for sale in 2023 were affordable for the typical U.S. household, according to new data from Redfin (NASDAQ:RDFN). This presents a drop from 20.7 in 2022 for a new record low; prior to the pandemic, more than 40% of homes were affordable. Redfin...
Report Finds Affordable Homeownership Remained Elusive in Q4

Report Finds Affordable Homeownership Remained Elusive in Q4

by Phil Hall | Dec 21, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median-priced single-family homes and condos remained less affordable in the fourth quarter compared to historical averages in 99% of counties around the nation, according to the latest 2023 U.S. Home Affordability Report from ATTOM. The new report found major...
Survey: Ontario Residents Rate Housing Affordability as a Top Priority

Survey: Ontario Residents Rate Housing Affordability as a Top Priority

by Phil Hall | Dec 15, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Ontario residents are ranking housing affordability as a main concern demanding government attention and action, according to new polling conducted on behalf of the Ontario Real Estate Association (OREA). For the first time since OREA began this polling in 2021, over...
Hits and Misses for the Real Estate Week of Dec. 4-8

Hits and Misses for the Real Estate Week of Dec. 4-8

by Phil Hall | Dec 8, 2023 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A governor who wants to build a lot of starter homes, an unlikely choice for Person of the Year and Jamie Dimon’s cantankerous slam of cryptocurrency. From the wild and wooly world of real estate, here are the hits and misses for the week of Dec. 4-8. Hit: A Governor...
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