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Median Asking Rents Down for Ninth Straight Month

Median Asking Rents Down for Ninth Straight Month

by Phil Hall | May 22, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking rent nationally in April for 0-2 bedroom units declined year-over-year by 0.7% to $1,723, according to new data from Realtor.com. This marked the ninth consecutive year-over-year drop, with declines recorded in all size categories of rental housing....
Guest Opinion: Reinventing Federal Housing Policy

Guest Opinion: Reinventing Federal Housing Policy

by Bob Broeksmit | May 21, 2024 | Current News & Events, Guest Opinion, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bob Broeksmit is president and CEO of the Mortgage Bankers Association (MBA). This article is adapted and edited from a May 15 speech delivered at the Exchequer Club’s May 2024 meeting. My topic is familiar to many of you. It’s the administrative state—the...
Naples, Florida, Tops List of the Best Places to Live in the US

Naples, Florida, Tops List of the Best Places to Live in the US

by Phil Hall | May 21, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. News & World Report has published its 2024-2025 Best Places to Live in the U.S., which ranks 150 major cities based on value, desirability, job market and quality of life. This year’s first place winner was Naples, Florida. U.S. News acknowledged the city is...
The Most Affordable Beach Town in America Is…

The Most Affordable Beach Town in America Is…

by Phil Hall | May 21, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

With summer just around the proverbial corner, the data analysts at Realtor.com paid tribute to the sun-and-sand crowd with their 2024 edition of the Most Affordable Beach Towns in America list. Pascagoula, Mississippi, topped the rankings thanks to a housing market...
A Phil Hall Op-Ed: The Illegal Immigrant Impact on Housing

A Phil Hall Op-Ed: The Illegal Immigrant Impact on Housing

by Phil Hall | May 20, 2024 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Earlier this month, Bank of England Chief Economist Huw Pill stated the reason that rents were so high in his country was not because of elevated interest rates, but because of “quite large increases in immigration” – net migration broke a record in...
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