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Sen. Elizabeth Warren Leads Democrats in Opposing Scott Turner for HUD Secretary

Sen. Elizabeth Warren Leads Democrats in Opposing Scott Turner for HUD Secretary

by Phil Hall | Jan 24, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Senate Committee on Banking, Housing, and Urban Affairs voted along party lines 13-11 to advance President Trump’s nomination of Scott Turner to become the next Secretary of Housing and Urban Development (HUD), despite efforts by Ranking Member Sen. Elizabeth...
Existing Home Sales Up in December

Existing Home Sales Up in December

by Phil Hall | Jan 24, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales ended 2024 in an upswing, according to data from the National Association of Realtors (NAR). Total existing home sales rose by 2.2% from November to a seasonally adjusted annual rate of 4.24 million in December. Year-over-year, sales were up 9.3%...
California Attorney General Charges Real Estate Agent with Price Gouging Wildfire Victims

California Attorney General Charges Real Estate Agent with Price Gouging Wildfire Victims

by Phil Hall | Jan 24, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Attorney General Rob Bonta announced the first filing of charges against a real estate agent over alleged price gouging related to Los Angeles County’s Eaton Fire. According to a statement from Bonta’s office, a couple filed a complaint was filed with the...
Wisconsin Home Sales Up 9.2% Year-Over-Year

Wisconsin Home Sales Up 9.2% Year-Over-Year

by Phil Hall | Jan 24, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from the Wisconsin Realtors Association (WRA) determined the state’s home closings jumped 9.2% in December – the strongest sales growth of any month since last May – while the median price rose 13% to $305,000, the strongest price appreciation of the year....
Wall Street Journal Calls on Trump to Remove Rohit Chopra as CFPB Director

Wall Street Journal Calls on Trump to Remove Rohit Chopra as CFPB Director

by Phil Hall | Jan 24, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Wall Street Journal has called on President Trump to dismiss Rohit Chopra from his position as director of the Consumer Financial Protection Bureau (CFPB). Chopra, a Biden administration appointee and a political ally of Sen. Elizabeth Warren (D-MA), did not...
AT&T Completes Sale-Leaseback on Central Office Facilities

AT&T Completes Sale-Leaseback on Central Office Facilities

by Phil Hall | Jan 24, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

AT&T Inc. (NYSE: T) announced the completion of its structured sale-leaseback of underutilized central office facilities with Reign Capital, a private real estate development firm. According to the companies, the transaction includes the asset transfer of 74...
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