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Report: Elon Musk Eyeing Luxury Penthouse Near Trump’s Mar-a-Lago

Report: Elon Musk Eyeing Luxury Penthouse Near Trump’s Mar-a-Lago

by Phil Hall | Dec 11, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Elon Musk’s close relationship with President-elect Donald Trump may become neighborly, as the Tesla and SpaceX chieftain and co-director of the Department of Government Efficiency is reportedly seeking a luxury property near Trump’s Mar-a-Lago estate in Palm Beach,...
Report: Four States Are Home to Most At-Risk Housing Markets

Report: Four States Are Home to Most At-Risk Housing Markets

by Phil Hall | Dec 5, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California, Florida, Illinois and New Jersey were home to the greatest number of at-risk markets in the country, according to the third quarter Special Housing Risk Report from ATTOM. The new report found two-thirds of the 50 counties considered most exposed to...
City Reverses Offer to Help Rebuild Tampa Bay Rays’ Hurricane-Damaged Stadium

City Reverses Offer to Help Rebuild Tampa Bay Rays’ Hurricane-Damaged Stadium

by Phil Hall | Nov 22, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The St. Petersburg City Council has changed its mind on providing more than $23 million to repair Tropicana Field, the home of the Tampa Bay Rays, that was damaged during Hurricane Milton last month. The stadium’s translucent fiberglass roof was torn to shreds during...
Tri Pointe Homes Closes First Land Acquisition in the Orlando Market

Tri Pointe Homes Closes First Land Acquisition in the Orlando Market

by Phil Hall | Nov 22, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Tri Pointe Homes (NYSE: TPH) has acquired 178 single-family detached homesites in the Sugarloaf Mountain planned community in Minneola, Florida with its land bank partner, Kennedy Lewis Investment Management LLC. The acquisition marks the company’s...
Florida’s Housing Market: More Inventory, Easing on Median Price Acceleration

Florida’s Housing Market: More Inventory, Easing on Median Price Acceleration

by Phil Hall | Nov 21, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida’s housing market recorded higher inventory levels and an easing for median price acceleration during October, according to data from Florida Realtors. The Sunshine State had a 4.7-month supply of single-family existing homes last month, up 34.3%...
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