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Trump Says He Has No Plans to Remove Powell as Fed Chairman

Trump Says He Has No Plans to Remove Powell as Fed Chairman

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Jerome Powell can relax – President-elect Donald Trump stated he would not try to replace him before his terms as Federal Reserve chairman ends in May 2026. In an interview broadcast on NBC’s “Meet the Press,” moderator Kristen Welker pressed Trump on retaining...
Hits and Misses for the Real Estate Week of Dec. 2-5

Hits and Misses for the Real Estate Week of Dec. 2-5

by Phil Hall | Dec 6, 2024 | Hits and Misses, International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new achievement in luxury real estate, an executive preparing the next generation of professionals, and the perils of renting to Hunter Biden. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 2-5. Hit: A New Home for...
Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A Connecticut real estate agent was sentenced in federal court in Boston for his role a multi-year scheme to defraud his clients by engaging in fraudulent short sales of government and bank-owned properties to straw buyers acting at the direction of the defendant....
HUD Announces New Disaster Assistance Initiatives

HUD Announces New Disaster Assistance Initiatives

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Housing and Urban Development’s (HUD) has announced two initiatives to help households impacted by disasters. HUD has extended the foreclosure moratoriums for Federal Housing Administration (FHA)-insured Single Family Title II forward and Home...
MaxHome Raises $2 Million in Pre-Seed Funding Round

MaxHome Raises $2 Million in Pre-Seed Funding Round

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

MaxHome, an artificial intelligence (AI)-native platform for real estate agents and brokerages, has secured $2 million in a pre-seed funding round led by BBG Ventures, with participation from Power of N and Fortitude Ventures. According to the company, the funding...
Feds to Shed 8 Government Buildings

Feds to Shed 8 Government Buildings

by Phil Hall | Dec 6, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Ahead of the new Elon Musk-Vivek Ramaswamy initiative to cut federal waste through the Department of Government Efficiency (DOGE), the US General Services Administration (GSA) announced eight federal properties will be jettisoned from its portfolio. The GSA plan said...
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