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California, New Jersey and Illinois Cited as Most At-Risk Q3 Housing Markets

California, New Jersey and Illinois Cited as Most At-Risk Q3 Housing Markets

by Phil Hall | Dec 7, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California, New Jersey and Illinois have the highest concentrations of the most-at-risk housing markets in the country, with the biggest clusters in the New York City and Chicago areas and in central California, according to the third quarter Special Housing Risk...
New Jersey Father and Son Indicted in House Flipping Investor Scam

New Jersey Father and Son Indicted in House Flipping Investor Scam

by Phil Hall | Nov 13, 2023 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

New Jersey Attorney General Matthew J. Platkin announced the indictment of a father and son who allegedly defrauded investors and mortgage lenders of more than $2.5 million in a scam involving Jersey Shore real estate. George Bussanich Sr., 65, and his 43-year-old son...
Hits and Misses for the Real Estate Week of Nov. 6-10

Hits and Misses for the Real Estate Week of Nov. 6-10

by Phil Hall | Nov 10, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Green New Deal’s impact on home builders, an FHLB expansion to include nonbanks, and a historic church’s upcoming date with a wrecking ball. From the wild and wooly world of real estate, here are the hits and misses for the real estate week of Nov. 6-10. Hit: DOE,...
Automaker Fiat in Partnership on New Jersey Multifamily Complex

Automaker Fiat in Partnership on New Jersey Multifamily Complex

by Phil Hall | Oct 25, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Fiat automobile brand has teamed with UNLMTD Real Estate, a development/investment and property management firm, on the creation of Fiat House, a multifamily development in Fort Lee, New Jersey. Scheduled to open in early 2024 and located at the foot of the George...
Mid-Atlantic Region’s Median Home Price at $400,000

Mid-Atlantic Region’s Median Home Price at $400,000

by Phil Hall | Aug 11, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The July median home price in the Mid-Atlantic region – defined as Delaware, the District of Columbia, Maryland, New Jersey, Pennsylvania, Virginia and West Virginia – was $400,000, up 3.9% year-over-year and the strongest price growth since January. According to data...
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