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Hits and Misses for the Real Estate Week of March 11-15

Hits and Misses for the Real Estate Week of March 11-15

by Phil Hall | Mar 15, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An unexpected settlement, an unexpected resignation and the unexpected closing of 1,000 stores. From the wild and wooly world of real estate, here are the Hits and Misses for the week of March 11-15. Miss: NAR’s White Flag. The National Association of Realtors...
NYC’s Population Continues to Decline

NYC’s Population Continues to Decline

by Phil Hall | Mar 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Big Apple is getting smaller, based on new estimates from the U.S. Census Bureau. New York City’s population lost nearly 78,000 residents in 2023, according to a report in the New York Times. The year before, more than 126,000 residents moved out. Between April...
Housing Starts Down for January

Housing Starts Down for January

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

Single‐family housing starts in January were at a rate of 1.004 million, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 4.7% below the revised December figure of 1.054 million. Privately‐owned housing...
Single-Family Home Sales, Buyer Affordability Ticked Up in December

Single-Family Home Sales, Buyer Affordability Ticked Up in December

by Phil Hall | Jan 25, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single‐family houses in December were at a seasonally adjusted annual rate of 664,000, according to estimates from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 8% above the revised November rate of 615,000 and is...
Housing Starts Down for December

Housing Starts Down for December

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

Single‐family housing starts in December were at a rate of 1.02 million in December, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is down by 8.6% from the revised November figure of 1.12 million....
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