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‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027

‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027

by Phil Hall | Mar 27, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Trump administration’s planned initial public offering (IPO) for Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) will not occur this year, according to Michael Burry, the investor and hedge fund manager who gained prominence from the book and film “The Big...
Elite International Realty Launches Invite-Only Luxury Division

Elite International Realty Launches Invite-Only Luxury Division

by Phil Hall | Mar 26, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Elite International Realty, a Miami-based real estate brokerage firm, announced the launch of its new dedicated division, Signature Collection by Elite. According to the company, Signature Collection listings will be exclusive to luxury clients and will feature...
Jacqueline Waggoner Named Chief Executive at Century Housing

Jacqueline Waggoner Named Chief Executive at Century Housing

by Phil Hall | Mar 26, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Century Housing, the Culver City, California-based nonprofit network focused on affordable housing and community development, announced the appointment of Jacqueline Waggoner as president and CEO, effective March 23. Waggoner was previously president of the Solutions...
Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment

Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment

by Phil Hall | Mar 26, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

President Trump is reportedly open to the idea of relocating New York City’s Madison Square Garden as part of the plan to redevelop the Penn Station transit hub. According to a report in The Gothamist based on input from “four sources who have knowledge of the Oval...
Mortgage Rates Surge for Fourth Straight Week

Mortgage Rates Surge for Fourth Straight Week

by Phil Hall | Mar 26, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to rise for the fourth straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.38% as of March 26, up from last week when it averaged 6.22%. A year ago...
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