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Leader of Movement to End Michigan’s Property Taxes Announces Bid for Governor

Leader of Movement to End Michigan’s Property Taxes Announces Bid for Governor

by Phil Hall | Aug 8, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A leader of the movement to abolish Michigan’s property taxes announced her candidacy to become the state’s governor. MLive.com reports Karla Wagner, the executive director of Ax MI Tax, has filed to become a candidate in next year’s gubernatorial race. In addition to...
New Executive Shifts Announced at loanDepot

New Executive Shifts Announced at loanDepot

by Phil Hall | Aug 8, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Irvine, California-headquartered loanDepot Inc. (NYSE: LDI) announced the promotions of Tom Fiddler to the newly established position as president of retail lending and Dan Peña as president of partnership lending. Fiddler joined loanDepot in 2015 and was most...
Trump Names Council of Economic Advisors Chairman Stephen Miran to Temporarily Fill Fed Board Vacancy

Trump Names Council of Economic Advisors Chairman Stephen Miran to Temporarily Fill Fed Board Vacancy

by Phil Hall | Aug 7, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

President Trump has named Dr. Stephen Miran, chairman of the Council of Economic Advisors, as a temporary replacement on the Federal Reserve Board of Governors. Miran’s interim term will run through until Jan. 31, 2026. In a Truth Social posting, the president said...
Price Premium for New Construction Drops to Record Low

Price Premium for New Construction Drops to Record Low

by Phil Hall | Aug 7, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The price premium for new construction compared to existing homes dropped to a record low of 7.8% during the second quarter, according to new data from Realtor.com. The median list price for a newly built home in the second quarter was $450,797, essentially flat from...
Multifamily Developer Confidence Up Slightly During Q2

Multifamily Developer Confidence Up Slightly During Q2

by Phil Hall | Aug 7, 2025 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Multifamily developers expressed increased a slightly higher degree of confidence in their market during the second quarter, according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two...
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