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Chicago Housing Authority Sues HUD Over New Anti-DEI Mandates in Grant Programs

Chicago Housing Authority Sues HUD Over New Anti-DEI Mandates in Grant Programs

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

The Chicago Housing Authority (CHA) has filed a lawsuit against the US Department of Housing and Urban Development (HUD) over new policies designed to eliminate funding for diversity, equity, and inclusion (DEI) mandates. According to the Chicago Sun-Times, CHA argued...
Howard Hanna Acquires Manhattan’s Elegran Real Estate

Howard Hanna Acquires Manhattan’s Elegran Real Estate

by Phil Hall | Oct 16, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Pittsburgh-headquartered Howard Hanna Real Estate Services, the nation’s fifth-largest real estate company, has announced its acquisition of Manhattan-based Elegran Real Estate. The financial details of the deal were not disclosed. Elegran agents will join Howard...
91-Unit Rental Home Community Opens in Edmonton

91-Unit Rental Home Community Opens in Edmonton

by Phil Hall | Oct 16, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A new 91-unit rental home community has opened in Edmonton, Alberta. The Parkside North Townhomes were built on the former military base Griesbach Barracks. The development was funded with $44.9 million provided by Canada’s federal government, Canada Lands and the...
Mortgage Rates Take Another Tumble

Mortgage Rates Take Another Tumble

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

Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16, down from last week when it averaged 6.30%. A year ago at this...
Builder Confidence Rises Despite Market Challenges

Builder Confidence Rises Despite Market Challenges

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

There was a new rush of optimism in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which found builder confidence at a 37 level, up five points from September and the highest reading since April. Readings over 50...
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