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Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo

Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo

by Phil Hall | Jul 21, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Joe Biden announced that he is discontinuing his re-election campaign and offered his endorsement of Vice President Kamala Harris to become the Democratic Party’s nominee for president. The 81-year-old Biden added that he would remain as president for the...
Report: Justice Department Begins ‘Formal Inquiry’ Into California Association of Realtors

Report: Justice Department Begins ‘Formal Inquiry’ Into California Association of Realtors

by Phil Hall | Jul 18, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Justice (DOJ) has launched a “formal inquiry” into the California Association of Realtors (CAR) in response to a consumer group’s complaint about the organization’s contracts and forms. According to the Orange County Register, the...
Japanese Firm Acquires Majority Stake in Utah’s Visionary Homes

Japanese Firm Acquires Majority Stake in Utah’s Visionary Homes

by Phil Hall | Jul 18, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Misawa Homes America Inc. (MHAM), a wholly owned subsidiary of Japan’s Misawa Homes Co., has acquired a 51% stake in the Utah-based homebuilder Visionary Homes. Visionary Homes was founded in 2004 and has 30 active Utah communities focused on both first-time and...
JD Vance: ‘Absurd Cost of Housing is the Result of So Many Failures’

JD Vance: ‘Absurd Cost of Housing is the Result of So Many Failures’

by Phil Hall | Jul 18, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sen. JD Vance accepted the Republican Party’s nomination for vice president with an acknowledgment of the challenges facing the U.S. housing market. However, the Ohio senator focused on what he perceived to be the roots of the problems but did not offer strategies for...
North Carolina Regional MLS Expands into Georgia

North Carolina Regional MLS Expands into Georgia

by Phil Hall | Jul 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

North Carolina Regional MLS (NCRMLS) has expanded into Georgia with the strategic additions of Savannah MLS, Athens Area Association of Realtors & Classic MLS, and the Realtors of Greater Augusta. NCRMLS is a wholesale cooperative multiple listing service used by...
Trump is Open to Jamie Dimon as Treasury Secretary, Powell Serving Out Fed Term

Trump is Open to Jamie Dimon as Treasury Secretary, Powell Serving Out Fed Term

by Phil Hall | Jul 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Former President Donald Trump is open to considering JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon as the Treasury Secretary if he regains the White House, while he is also open to allowing Jerome Powell to serve out his term as chairman of the Federal Reserve. In a...
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