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A Phil Hall Op-Ed: A Tale of Two Badly-Run Cities

A Phil Hall Op-Ed: A Tale of Two Badly-Run Cities

by Phil Hall | Feb 26, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: One of the most famous quotes to come out of the early 19th century was made by John Marshall, the first Chief Justice of the U.S. Supreme Court, in his 1819 ruling on the McCulloch v. Maryland case: “The power to tax is the power to destroy.”...
Disparity Gap Shrinks Between ‘Income Mortgage-Ready’ Black and White Renting Households

Disparity Gap Shrinks Between ‘Income Mortgage-Ready’ Black and White Renting Households

by Phil Hall | Feb 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The gap between the share of Black and White households in rental properties that could comfortably afford a mortgage payment narrowed during the pandemic, according to new data from Zillow (NASDAQ:Z, ZG). Zillow cited American Community Survey statistics from 2022...
Homeownership Rates for Asian Americans and Hispanics at Record Highs

Homeownership Rates for Asian Americans and Hispanics at Record Highs

by Phil Hall | Feb 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeownership rates for Asian Americans and Hispanics reached historic peaks in the latest data report published by the National Association of Realtors (NAR). And while Black Americans saw a slight uptick in their homeownership rate, their presence was still much...
Study: Renting is More Affordable Than Homeownership in Nearly 90% of Local Markets

Study: Renting is More Affordable Than Homeownership in Nearly 90% of Local Markets

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

The rent for a median three-bedroom unit is more affordable than owning a similarly sized home in nearly 90% of local markets around the nation, according to the 2024 Rental Affordability Report published by ATTOM, which noted this extends trends from 2023 even as...
Study: Single Women Own More Homes Than Single Men in 47 States

Study: Single Women Own More Homes Than Single Men in 47 States

by Phil Hall | Jan 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single women are more likely than single men to own a home in 47 of the 50 states, according to a new analysis of housing data by LendingTree (NASDAQ:TREE). Single women own 10.95 million homes, according to the new analysis, while single men own 8.24 million....
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