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Rep. Rosa DeLauro: GOP Continuing Resolution Will Raise Housing Costs and Fuel Evictions

Rep. Rosa DeLauro: GOP Continuing Resolution Will Raise Housing Costs and Fuel Evictions

by Phil Hall | Mar 11, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rep. Rosa DeLauro (D-CT), the Ranking Member of the House Appropriations Committee, has put forth a “fact sheet” detailing how the Republican-backed Continuing Resolution (CR) will jack up American housing costs. The 82-year-old, purple-haired DeLauro is claiming the...
Tomo Mortgage Closes $20 Million Series B Funding Round

Tomo Mortgage Closes $20 Million Series B Funding Round

by Phil Hall | Mar 11, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Tomo Mortgage, a Stamford, Connecticut-based digital lender, has closed its $20 million Series B financing round, bringing its total investment to date to $130 million. According to the company, new investor Progressive Insurance was joined by existing investors...
Tel Aviv’s Housing Imbalance: Too Many Realtors, Too Few Deals

Tel Aviv’s Housing Imbalance: Too Many Realtors, Too Few Deals

by Phil Hall | Mar 11, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Tel Aviv’s housing market has found itself in a unique supply-and-demand imbalance – the number of agents outweighs the quantity of available properties. According to the Israeli business news site Globes, Tel Aviv recorded a total of 2,270 pre-owned home sales in...
Report: America’s Wealthiest 1% Could Buy Up 99% of the Nation’s Homes

Report: America’s Wealthiest 1% Could Buy Up 99% of the Nation’s Homes

by Phil Hall | Mar 11, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from Redfin (NASDAQ: RDFN) has reached the conclusion that the wealthiest 1% of Americans have the financial capacity to buy 99% of the nation’s homes. How does that work? According to Redfin, the combined value of nearly 100 million American homes...
NAR Debuts ‘Right by You’ Advertising Campaign

NAR Debuts ‘Right by You’ Advertising Campaign

by Phil Hall | Mar 11, 2025 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) has launched a new advertising campaign called “Right by You” that is designed to highlight the role of realtors in helping homebuyers. The first phase of the campaign, entitled “Don’t DIY,” shows the challenges of...
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