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Florida City Gives Preliminary Approval to 6,000-Seat Soccer Stadium

Florida City Gives Preliminary Approval to 6,000-Seat Soccer Stadium

by Phil Hall | Oct 23, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The City Council of Port St. Lucie, Florida, unanimously voted to extend preliminary approval to an operating agreement for a new 6,000-seat professional soccer stadium. Treasure Coast News reports the council’s vote ignored a petition drive by city residents who...
Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3

Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3

by Phil Hall | Oct 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from ATTOM has determined that 46.1% of mortgaged residential properties were equity-rich during the third quarter, down from 47.4% in the second quarter and from 48.3% in the third quarter of 2024. This occurred even though the national median home...
Pennsylvania Home Sales Up 10% Year-Over-Year

Pennsylvania Home Sales Up 10% Year-Over-Year

by Phil Hall | Oct 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania recorded 10,696 home sales during September, a nearly 10% year-over-year surge. However, sales were down slightly from the 11,470 transactions in August. According to the Pennsylvania Association of Realtors (PAR), there were more than 43,000 homes on the...
Leadership Changes Announced at Fannie Mae

Leadership Changes Announced at Fannie Mae

by Phil Hall | Oct 23, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Fannie Mae (OTCQB: FNMA) announced the appointment of Chief Operating Officer Peter Akwaboah as acting CEO. He replaces Priscilla Almodovar, who served as chief executive since her appointment by then-President Biden in 2022 and took on the additional title of...
ENRG Realty Begins Operations in Hawaii

ENRG Realty Begins Operations in Hawaii

by Phil Hall | Oct 23, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Seattle-headquartered ENRG Realty has announced its expansion into the Hawaiian market. Maui-based Gina Duncan was named the company’s designated broker for Hawaii. Duncan, who ran her own brokerage for 10 years, is a co-founder of the Asian Real Estate Association of...
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