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California Home Sales Down in March

California Home Sales Down in March

by Phil Hall | Apr 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 267,470 in March, according to data from the California Association of Realtors (CAR). This is a 7.8% slide from the revised 290,470 homes sold...
Disneyland’s $1.9 Billion Expansion Plan Get Preliminary OK from Anaheim City Council

Disneyland’s $1.9 Billion Expansion Plan Get Preliminary OK from Anaheim City Council

by Phil Hall | Apr 17, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Walt Disney Co. (NYSE:DIS) cleared a major hurdle in its proposed $1.9 billion expansion of Disneyland with the Anaheim City Council giving preliminary approval for its development plans. KTLA reported the city council voted 7-0 in favor of the proposal early...
Former HGTV Star Sentenced to Four Years for Real Estate Fraud

Former HGTV Star Sentenced to Four Years for Real Estate Fraud

by Phil Hall | Apr 17, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A former HGTV star was sentenced to four years in jail and ordered to pay back close to $10 million for real estate and financial fraud against 11 victims. The Office of the District Attorney for California’s Santa Clara County reported that Charles “Todd” Hill was...
Florida and California Homeowners Report Higher Level of Problems with Insurance Carriers

Florida and California Homeowners Report Higher Level of Problems with Insurance Carriers

by Phil Hall | Apr 17, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners in Florida and California have seen a disproportionately high level of disruptions to their home insurance coverage, according to a new data study from Redfin (NASDAQ:RDFN). The new Redfin-commissioned survey by Qualtrics was conducted in February and...
Amazon Leases 2 Million SF of California Industrial Space

Amazon Leases 2 Million SF of California Industrial Space

by Phil Hall | Apr 12, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The e-commerce giant Amazon (NASDAQ:AMZN) has leased approximately 2 million square feet of industrial space across in two buildings in California. According to a Bisnow report sourced from Savills data. Amazon leased roughly 1 million square feet at a PGIM Real...
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