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Maryland Gov. Moore Signs Executive Order for Boosting Housing Production

Maryland Gov. Moore Signs Executive Order for Boosting Housing Production

by Phil Hall | Sep 4, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Maryland Gov. Wes Moore has signed an executi​ve order designed to increase housing production by using state-owned land for efficient development while reducing state permitting timelines for new construction. Moore’s “Housing Starts Here” executive order directs...
Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity

Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity

by Phil Hall | Aug 18, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Cleveland Browns’ effort to build a new domed stadium hit a major roadblock as the Ohio Department of Transportation (ODOT) rejected the team’s application, stating the proposed $3.6 billion facility would be an “obstruction” to the neighboring Cleveland Hopkins...
Building Permits for Apartments Down 23% Since the Pandemic Construction Boom

Building Permits for Apartments Down 23% Since the Pandemic Construction Boom

by Phil Hall | Aug 14, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Developers obtained permits to build an average of 12.8 multifamily housing units for every 10,000 people over the past year, according to a new report from Redfin. This is down by 23.1% from an average of 16.7 during the pandemic building boom, and it is also down by...
Price Premium for New Construction Drops to Record Low

Price Premium for New Construction Drops to Record Low

by Phil Hall | Aug 7, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The price premium for new construction compared to existing homes dropped to a record low of 7.8% during the second quarter, according to new data from Realtor.com. The median list price for a newly built home in the second quarter was $450,797, essentially flat from...
Report: Rising Construction Costs Fueled Cancelation of HGTV Home Renovation Shows

Report: Rising Construction Costs Fueled Cancelation of HGTV Home Renovation Shows

by Phil Hall | Jul 31, 2025 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

A new report is citing the rising costs of materials and labor as a contributing factor to the cancelation of several home renovation series on HGTV. HGTV has canceled seven shows over the past several weeks – “Christina on the Coast,” “The Flipping El Moussas,”...
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