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NYC Real Estate Executives Hold Strategy Meeting to Prevent Mamdani Becoming Mayor

NYC Real Estate Executives Hold Strategy Meeting to Prevent Mamdani Becoming Mayor

by Phil Hall | Sep 9, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A circle of New York City real estate executives is meeting this morning to discuss supporting Andrew Cuomo as the candidate to defeat Zohran Mamdani in the city’s upcoming mayoral election. The New York Times reports Jeff Blau, the developer of Hudson Yards, and his...
Housing Market Hit Record $55.1 Trillion

Housing Market Hit Record $55.1 Trillion

by Phil Hall | Sep 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Today’s housing market is worth a record $55.1 trillion, according to new data from Zillow (NASDAQ: Z, ZG). This marked an $862 billion surge in the past year and $20 trillion increase since 2020. Seven states saw their housing markets lose value over the past year,...
Edmonton Duo Charged with Real Estate Investing Scam

Edmonton Duo Charged with Real Estate Investing Scam

by Phil Hall | Sep 8, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A pair of Edmonton residents have been charged with running a real estate investment scam that included mortgage fraud. According to the charges brought against them, Yuvraj Verma and Rohit Sethi used several corporations, including Cancom Development Ltd. and Roxdale...
Report: Bessent Curses and Threatens Pulte During DC Private Party

Report: Bessent Curses and Threatens Pulte During DC Private Party

by Phil Hall | Sep 8, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A rare internecine conflict between Trump administration officials erupted into an expletive-laced threats of violence by Treasury Secretary Scott Bessent against Federal Housing Finance Agency Director Bill Pulte during a private party in Washington, DC. According to...
Property Insurance Costs Grow 11.3%

Property Insurance Costs Grow 11.3%

by Phil Hall | Sep 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average annual property insurance payment for single-family mortgage holders has reached nearly $2,370 per year, according to new data from ICE Mortgage Technology. This sum accounts for 9.6% of average monthly mortgage-related expenses when factoring in...
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