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Rose Corporation Adds New Building to Ontario Master-Planned Community

Rose Corporation Adds New Building to Ontario Master-Planned Community

by Phil Hall | Dec 5, 2024 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Rose Corporation, a Reading, Pennsylvania-based real estate development and management firm, has completed its newest rental project with The Bakerfield II in Newmarket, Ontario. The 10-story building is the fourth phase of the company’s 834-unit community in...
Report: Hunter Biden Owes Landlord $300,000 in Unpaid Rent

Report: Hunter Biden Owes Landlord $300,000 in Unpaid Rent

by Phil Hall | Dec 4, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Hunter Biden’s legal problems may not be over despite receiving an unconditional pardon from his father, President Joe Biden. According to a Fox News report, Biden is being accused of owing more than $300,000 in unpaid rent on his former Los Angeles-area residence....
Survey: 1 in 5 Renters Put All of Their Income into Paying Rent

Survey: 1 in 5 Renters Put All of Their Income into Paying Rent

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

A new survey from Redfin (NASDAQ: RDFN) has determined that just over one in five (22%) renters are funneling all of their regular income directly into paying their rent. As a result of this hefty paycheck absorption, 20% of renters are working a second job to cover...
UK Prime Minister Starmer Revealed as Landlord for London Property

UK Prime Minister Starmer Revealed as Landlord for London Property

by Phil Hall | Nov 7, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sir Keir Starmer has a second job besides being the UK’s Prime Minister – he is also a London landlord. The Daily Express reported Starmer is renting his £2 million Camden townhouse since moving into the Prime Minister’s residence at 10 Downing Street. While the...
Report: Renter Households Growing at Record Pace

Report: Renter Households Growing at Record Pace

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

The number of renter households in the third quarter totaled a record 45.6 million, a 2.7% year-over-year increase, according to new data report from Redfin (NASDAQ: RDFN). This growth rate is three times faster than the 0.9% increase in homeowner households, which...
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