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NAHB: Housing Affordability Remains Near Historic Low Level

NAHB: Housing Affordability Remains Near Historic Low Level

by Phil Hall | Feb 8, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Elevated mortgage rates and increased construction costs coupled with onerous regulatory costs resulted housing affordability remaining near its lowest level in more than a decade during the fourth quarter of 2023, according to the National Association of Home...
A Phil Hall Op-Ed: Score One for the Gas Stoves

A Phil Hall Op-Ed: Score One for the Gas Stoves

by Phil Hall | Jan 29, 2024 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: If you have a gas stove or if you want to purchase that type of appliance, the U.S. Department of Energy (DOE) has good news for you – its newly published energy-efficiency standards gave a thumbs up to 97% of the gas stoves now on the market. With...
Hits and Misses for the Real Estate Week of Dec. 18-22

Hits and Misses for the Real Estate Week of Dec. 18-22

by Phil Hall | Dec 22, 2023 | Current News & Events, Hits and Misses, International Real Estate News, Real Estate News, U.S. Housing Market, WRE News Exclusive

A super-tall apartment complex for Oklahoma City, bad news for California’s housing market and a historic lovers’ rendezvous for sale. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Dec. 18-22. Hit: Thinking Big....
Builder Confidence Rises for First Time in Four Months

Builder Confidence Rises for First Time in Four Months

by Phil Hall | Dec 18, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes inched up by three points to 37 in December, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This uptick ends a four-month decline for...
A Phil Hall Op-Ed: Climate Change, Home Building and Common Sense

A Phil Hall Op-Ed: Climate Change, Home Building and Common Sense

by Phil Hall | Nov 27, 2023 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Several states have already passed laws or are planning to enact new mandates that would prohibit the sale of new gas-powered vehicles by 2035 as a means of saving the planet from being destroyed by climate change. “Our cars shouldn’t...
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