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Survey: More Than Half of Canadians Who Own US Homes Plan to Sell Within Next Year

Survey: More Than Half of Canadians Who Own US Homes Plan to Sell Within Next Year

by Phil Hall | Aug 27, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More than half (54%) of Canadians who currently own residential property in the US say they are planning to sell within the next year, according to a new survey conducted by Royal LePage Real Estate Services. Nearly two-thirds (62%) of those potential Canadian sellers...
Jeff Kellmas Named Director of Leasing at First National Realty Partners

Jeff Kellmas Named Director of Leasing at First National Realty Partners

by Phil Hall | Aug 27, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

First National Realty Partners (FNRP), a Red Bank, New Jersey-headquartered private equity commercial real estate firm, has hired Jeff Kellams as director of leasing. In his new job, Kellams will lead leasing initiatives across the firm’s retail portfolio, with...
Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers

Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers

by Phil Hall | Aug 27, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing market has lost about 14,000 home sellers over the past two months, according to data from the Rocket Companies (NYSE: RKT) division Redfin. This marked the first decline in sellers in two years. By the end of July, the total number of home sellers was...
The Federal Reserve Drama: Lisa Cook Praised by NY Fed Chief, Slammed by Trump Officials

The Federal Reserve Drama: Lisa Cook Praised by NY Fed Chief, Slammed by Trump Officials

by Phil Hall | Aug 27, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Federal Reserve Gov. Lisa Cook received a spirited defense from one of her central bank colleagues and bitter insinuations of guilt from Trump administration officials while Republicans in the Senate are not taking sides on the matter. Speaking this morning on CNBC,...
Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity

Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity

by Phil Hall | Aug 27, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage application activity was a mixed bag for the week ending Aug. 22, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.5% percent on a seasonally adjusted...
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