Gary Gensler to Resign as SEC Chairman on Trump’s Inauguration Day
Gary Gensler announced he will resign as chairman of Securities and Exchange Commission (SEC) effective at 12:00 p.m. EST on Jan. 20, 2025 – the same time and day when President-elect Donald Trump will be inaugurated to start his second administration. Gensler began...
Florida’s Housing Market: More Inventory, Easing on Median Price Acceleration
Florida’s housing market recorded higher inventory levels and an easing for median price acceleration during October, according to data from Florida Realtors. The Sunshine State had a 4.7-month supply of single-family existing homes last month, up 34.3%...
New York State Home Prices Up for 16th Straight Month
Home prices in New York State soared in October as home sales continued to decline. According to data from the New York State Association of Realtors, the median price of a home statewide rose 11% last month to $415,000, up from $374,000 in October 2023. This marked...
Elon Musk’s Government Efficiency Initiative Takes Aim at Empty Office Surplus
Elon Musk’s new Department of Government Efficiency (DOGE) has taken aim at the surplus of vacant office properties allocated to federal agencies. The DOGE channel on X ran headline from the Washington Times that announced: “Nearly 90% of feds’ office in D.C. going to...
Mortgage Rates Rise Again
Mortgage rates were on the rise again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.84% as of Nov. 21, up from last week when it averaged 6.78%. A year ago at this time, it averaged...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
