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Biden Seeks to Speed Preservation Reviews for Historic Buildings

Biden Seeks to Speed Preservation Reviews for Historic Buildings

by Phil Hall | Aug 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Biden administration is seeking to accelerate the timelines for the permitting and reviews of historic buildings, with a new focus on climate resiliency. According to a Bloomberg report, the Advisory Council on Historic Preservation, an independent federal agency,...
Extremist Climate Activists Vandalize Lionel Messi’s Ibiza Mansion

Extremist Climate Activists Vandalize Lionel Messi’s Ibiza Mansion

by Phil Hall | Aug 8, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Ibiza mansion of soccer superstar Lionel Messi was vandalized by the extremist Spanish climate activist group Futuro Vegetal, which posted a video of their destructive antics on Instagram. The New York Post reported the group broke into the property and sprayed it...
Mortgage Rates Plunge to Lowest Level in Over a Year

Mortgage Rates Plunge to Lowest Level in Over a Year

by Phil Hall | Aug 8, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates dropped to their lowest rate in over a year, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.47% as of Aug. 8, down from last week when it averaged 6.73%. A year ago at...
Report: Trump Planning New Real Estate Crypto Project

Report: Trump Planning New Real Estate Crypto Project

by Phil Hall | Aug 8, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Former President Donald Trump is reportedly planning a new project that will encourage investment in tokenized Real World Assets (RWA). According to a report in Bitcoinist.com, Trump and his son Donald Trump Jr. are reportedly at work on a crypto project designed to...
Report: Total US Home Value at $49.6 Trillion Record High

Report: Total US Home Value at $49.6 Trillion Record High

by Phil Hall | Aug 8, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The total value of US homes gained $3.1 trillion during the past 12 months, a 6.6% year-over-year spike that resulted in a new record high of $49.6 trillion, according to a data report from Redfin (NASDAQ:RDFN). On a decade-over-decade measurement, the total value of...
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