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Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac

Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac

by Phil Hall | Dec 17, 2025 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Vermont Governor Seeks to Use State Surplus Revenue to Cut Proposed Property Tax Hike

Vermont Governor Seeks to Use State Surplus Revenue to Cut Proposed Property Tax Hike

by Phil Hall | Dec 17, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Vermont Gov. Phil Scott is seeking to use surplus state funds to reduce a projected 12% property tax hike slated for 2026, but the Republican governor is getting pushback from some Democratic legislators over his plan. Vermont Public reports Scott’s administration...
Brazil to Conduct Real Estate Auction Using Blockchain Technology

Brazil to Conduct Real Estate Auction Using Blockchain Technology

by Phil Hall | Dec 17, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Brazil will conduct its first public real estate auction using blockchain technology. Convergencia Digital reports the Court of Auditors of São Paulo (TCE-SP) will sell off 10 warehouses, with every document and photograph involved in the process to be timestamped and...
Mark E. Patten to Become CFO at Sun Communities

Mark E. Patten to Become CFO at Sun Communities

by Phil Hall | Dec 17, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Sun Communities Inc. (NYSE: SUI), a Southfield, Michigan-headquartered real estate investment trust that owns and operates manufactured housing and recreational vehicle communities, announced the appointment of Mark E. Patten as chief financial officer (CFO),...
Silicon Valley and Aspen Top November’s List of Most Expensive Home Sales

Silicon Valley and Aspen Top November’s List of Most Expensive Home Sales

by Phil Hall | Dec 16, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Silicon Valley villa and an Aspen estate were the most home sales during November, according to a new report from Redfin. Aspen was home to four of the 10 most expensive home sales of November – perfect timing for ski season. The most expensive home sales of...
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