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Report: NY Governor to Propose Limiting Hedge Fund Purchasing of Single-Family Homes

Report: NY Governor to Propose Limiting Hedge Fund Purchasing of Single-Family Homes

by Phil Hall | Jan 10, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York Gov. Kathy Hochul is planning to offer proposals designed to restrict hedge funds and private equity firms from acquiring large numbers of single-family homes across the state. The New York Times reports the governor will put forth her proposals at next...
Housing Crisis 2025: John G. Stevens’ Perspective

Housing Crisis 2025: John G. Stevens’ Perspective

by John G. Stevens | Jan 9, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

In 2024, I penned an article highlighting the alarming trend of renters outpacing homeowners in the United States. The data was clear: renter households were growing three times faster than homeowner households, driven by government overregulation, restrictive zoning...
Number of Homes Actively for Sale in December Up 22% Year-Over-Year

Number of Homes Actively for Sale in December Up 22% Year-Over-Year

by Phil Hall | Jan 8, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from Realtor.com recorded a 22% year-over-year increase in the number of homes actively for sale during December. Although December marked the 14th straight month for a growth in the number of homes actively for sale, it was also lower than November’s...
Survey: Three-Quarters of Canadians Say They Were Not Likely to Buy a Home This Year

Survey: Three-Quarters of Canadians Say They Were Not Likely to Buy a Home This Year

by Phil Hall | Jan 8, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Roughly three-quarters (76%) of Canadians stating they were unlikely to purchase a new home in the coming year – up from 72% in the fourth quarter of 2023. According to Q4 2024 Consumer Pulse survey from TransUnion (NYSE: TRU) that polled 1,000 adults, 59% of...
Zillow’s Prediction for the Hottest Major Housing Market Is…

Zillow’s Prediction for the Hottest Major Housing Market Is…

by Phil Hall | Jan 7, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuyers in search of a hot housing market are being advised to shuffle off to Buffalo – Zillow (NASDAQ: Z, ZG) has named the upstate New York city as its hottest major housing market for 2025. This is the second straight year that Zillow has praised Buffalo’s...
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