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A Phil Hall Op-Ed: Can a Biden ‘Moonshot Initiative’ Increase Housing Supply?

A Phil Hall Op-Ed: Can a Biden ‘Moonshot Initiative’ Increase Housing Supply?

by Phil Hall | Apr 15, 2024 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: You never know what you can find on social media. Today, while taking a break from my duties, I scrolled through a site and found the following post that gave me great amusement. “We have the highest mortgage rates in a generation and stubbornly...
Builder Confidence Remains Unchanged for April

Builder Confidence Remains Unchanged for April

by Phil Hall | Apr 15, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder sentiment was unchanged from March to April, with the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI) staying at 51 – the first static reading after four months of index gains. The HMI index charting current sales...
Zillow: Homes Sell on Average After 13 Days on the Market

Zillow: Homes Sell on Average After 13 Days on the Market

by Phil Hall | Apr 15, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

If today’s housing market had a theme song, it could be the Badfinger classic that warns listeners: “If you want it, here it is, come and get it, but you’d better hurry ’cause it’s goin’ fast.” Homes that sold in March were...
Report: FBI Agents Seek Federal Help to Cover Housing Costs

Report: FBI Agents Seek Federal Help to Cover Housing Costs

by Phil Hall | Apr 12, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

FBI agents assigned to cities with a high cost of living are seeking federal assistance to help cover their housing expenses. According to an NPR report, the FBI Agents Association has requested $165 million to be included in the Justice Department’s 2025 budget...
Study: 38% of Renters Believe They’ll Never Own a Home

Study: 38% of Renters Believe They’ll Never Own a Home

by Phil Hall | Apr 12, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly two in five (38%) renters don’t believe they’ll ever own a home, according to a new survey by Redfin (NASDAQ:RDFN). This is up from roughly one-quarter (27%) less than a year ago. Nearly half (44%) of renters who don’t believe they’ll buy a home in the near...
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