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New Home Purchase Mortgage Applications Surged in March

New Home Purchase Mortgage Applications Surged in March

by Phil Hall | Apr 18, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases during March was up 5.5% year-over-year and up 14% month-over-month, according to data from the Mortgage Bankers Association. MBA estimated new single-family home sales were running at a seasonally adjusted annual rate of...
Master-Planned Community with Surfing Lagoons Planned for Utah

Master-Planned Community with Surfing Lagoons Planned for Utah

by Phil Hall | Apr 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alaia Development and Desert Lakes LLC have unveiled plans for Zion Shores, an inland surf destination in Washington, Utah. The 30-acre project will feature 65 short-term rental properties built around two concrete-lined, clear lagoons designed specifically for...
LendingClub Pays $74.5 Million for New San Francisco HQ Building

LendingClub Pays $74.5 Million for New San Francisco HQ Building

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, is acquiring a 233,887-square-foot property in San Francisco for $74.5 million that will serve as the company’s headquarters beginning in Spring 2026. The bank plans to occupy 100,000...
Australian Father Pitches Tent Outside Prime Minister’s Home to Protect Rising Housing Costs

Australian Father Pitches Tent Outside Prime Minister’s Home to Protect Rising Housing Costs

by Phil Hall | Apr 18, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An Australian man who said he is unable to keep up with rental housing costs despite having two jobs has set up a tent and protest sign outside of the luxury New South Wales Central Coast residence owned by Prime Minister Anthony Albanese. The Daily Mail reports...
Anna Paulson to Become Chief Executive at Philadelphia Fed

Anna Paulson to Become Chief Executive at Philadelphia Fed

by Phil Hall | Apr 18, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve Bank of Philadelphia has announced the appointment of Anna Paulson as its new president and CEO, effective July 1. She succeeds Patrick T. Harker, whose 10-year tenure will conclude on June 30, as per Federal Reserve mandatory age and...
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