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US Homelessness Up 18.1%; White House Claims it ‘Tackled’ The Crisis

US Homelessness Up 18.1%; White House Claims it ‘Tackled’ The Crisis

by Phil Hall | Dec 27, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Biden administration reported an 18.1% increase in homelessness during 2024, although the administration also insisted it had “tackled the nation’s homelessness crisis with the urgency it demands” since taking office in 2021. The latest data, which was published...
New Single-Family Home Sales Up in November

New Single-Family Home Sales Up in November

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

Sales of new single-family houses in November were at a seasonally adjusted annual rate of 664,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 5.9% above the revised October rate of 627,000 and...
Single-Family Housing Starts Up 6.4%

Single-Family Housing Starts Up 6.4%

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

Single-family housing starts in November were at a rate of 1.01 million, according to new data from the US Census Bureau and the US Department of Housing and Urban Development. This is 6.4% above the revised October figure of 950,000. Privately-owned housing starts in...
GOP Lawmakers Warn Biden Agencies to Stop ‘Partisan Rulemakings’ Ahead of Trump’s Inauguration

GOP Lawmakers Warn Biden Agencies to Stop ‘Partisan Rulemakings’ Ahead of Trump’s Inauguration

by Phil Hall | Dec 17, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The current and incoming chairmen of the House Financial Services Committee sent letters to financial regulatory agencies within the Biden administration warning them about last-minute “finalizing partisan rulemakings” ahead of the arrival of the Trump administration....
Hits and Misses for the Real Estate Week of Dec. 9-13

Hits and Misses for the Real Estate Week of Dec. 9-13

by Phil Hall | Dec 13, 2024 | Commercial Real Estate News, Hits and Misses, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A slippery definition of “reopening,” an unlikely grant and a merger’s messy failure. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 9-13. Miss: An Unsettled Settlement. The US Department of Justice (DOJ)...
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