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Hits and Misses for the Real Estate Week of Nov. 20-24

Hits and Misses for the Real Estate Week of Nov. 20-24

by Phil Hall | Nov 24, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Seller confusion on agent commissions, a new hotel in Harlem and a San Francisco landmark getting a lift ahead of a potential flooding. From the wild and wooly world of real estate, here are the hits and misses for the week of Nov. 20-24. Miss: Who Pays for What? One...
NAHB Criticizes Biden for Using Defense Production Act to Boost Electric Heater Usage

NAHB Criticizes Biden for Using Defense Production Act to Boost Electric Heater Usage

by Phil Hall | Nov 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The chairman of the National Association of Home Builders (NAHB) criticized President Biden for invoking the Defense Production Act to boost production of electric heaters as part of the administration’s efforts to rid the housing market of gas heating appliances....
Hits and Misses for the Real Estate Week of Nov. 6-10

Hits and Misses for the Real Estate Week of Nov. 6-10

by Phil Hall | Nov 10, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Green New Deal’s impact on home builders, an FHLB expansion to include nonbanks, and a historic church’s upcoming date with a wrecking ball. From the wild and wooly world of real estate, here are the hits and misses for the real estate week of Nov. 6-10. Hit: DOE,...
NAHB: Dept. of Energy is Making it Harder to Create Affordable Housing

NAHB: Dept. of Energy is Making it Harder to Create Affordable Housing

by Phil Hall | Nov 8, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) has called out the U.S. Department of Energy (DOE) for creating regulations that have negatively impacted efforts to address the production of affordable housing. In testimony delivered today before the U.S. House...
Builder Confidence Evaporates Amid Elevated Mortgage Rates

Builder Confidence Evaporates Amid Elevated Mortgage Rates

by Phil Hall | Aug 15, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

After seven consecutive months of rising optimism, builder confidence dropped in August as mortgage rates neared the 7% mark. The National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI) saw builder confidence in the market for...
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