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The Most At-Risk Housing Markets Are…

The Most At-Risk Housing Markets Are…

by Phil Hall | Jun 13, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California, Illinois and New Jersey continued to have the highest concentrations of at-risk housing markets during the first quarter, according to a data report from ATTOM. The newly published Special Housing Risk Report analyzed first quarter statistics related to...
Hits and Misses for the Real Estate Week of June 3-7

Hits and Misses for the Real Estate Week of June 3-7

by Phil Hall | Jun 7, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, U.S. Housing Market, WRE News Exclusive

State legislatures fighting against property taxes, a California restaurant chain closing eateries and a stock market for Texas. From the wild and wooly world of real estate, here are the Hits and Misses for the week of June 3-7. Hit: Saying No to New Taxes. The...
Rubio’s Coastal Grill Shutters 48 California Restaurants

Rubio’s Coastal Grill Shutters 48 California Restaurants

by Phil Hall | Jun 4, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The fast-casual Mexican-themed restaurant chain Rubio’s Coast Grill has closed 48 of its eateries in California, citing the cost of doing business in the state. According to Nation’s Restaurant News, the company issued a statement complaining that the “closings were...
Lender Seizes Foreclosed San Jose Office Property

Lender Seizes Foreclosed San Jose Office Property

by Phil Hall | May 28, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Bay Area’s shaky real estate market received another blow as a vacant San Jose office property was foreclosed and seized by its lender. According to a Mercury News report, The Evergreen Advantage seized the 78,200-square-foot property at 5729 Fontanoso Way through...
California Median Home Prices Soar Past $900K Level to New Record High

California Median Home Prices Soar Past $900K Level to New Record High

by Phil Hall | May 17, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s median home price reached a new all-time high at $904,210 in April, up 11.4% from $811,510 one year earlier and up 5.8% from March’s $854,490. According to the California Association of Realtors (CAR), this is the first time the median home price...
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