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Trump Suspends Leases on 5 Offshore Wind Projects

Trump Suspends Leases on 5 Offshore Wind Projects

by Phil Hall | Dec 22, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration has suspended the leases on five offshore wind projects, citing alleged national security concerns. According to combined media reports, the projects are Vineyard Wind 1, Revolution Wind, Coastal Virginia Offshore Wind, Sunrise Wind and Empire...
Pennsylvania Home Sales Down While Prices Keep Rising

Pennsylvania Home Sales Down While Prices Keep Rising

by Phil Hall | Dec 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 9,200 homes were sold in Pennsylvania during November, a roughly 2% decline from the 9,380 sales recorded one year ago. On a month-over-month measurement, sales dropped 17% from October’s total 11,174 transactions. According to the Pennsylvania Association...
Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative

Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative

by Phil Hall | Dec 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of New York (FHLBNY) announced a $225 million investment in a New York City Housing Development Corporation (HDC) bond issuance designed to create, rehabilitate, or preserve 6,320 units of affordable housing across an array of HDC’s housing...
Teen Daughter of Geneva Financial’s Owners to Compete in F1 Academy Racing Season

Teen Daughter of Geneva Financial’s Owners to Compete in F1 Academy Racing Season

by Phil Hall | Dec 22, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Not every mortgage industry executive can claim to have a teenage child who is a world-recognized racing driver, but Geneva Financial owners Aaron and Telle VanTrojen can proudly highlight the accomplishments of their 15-year-old daughter, Formula One (F1) racer...
Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues

Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues

by Phil Hall | Dec 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Trump administration has issued an all-hands-on-deck call to come up with plans to address the problems impacting affordable homeownership. In a Fox News Sunday interview, White House economic council director Kevin Hassett stated the focus on lowering housing...
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