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Head of NYC Housing Nonprofit Arrested and Jailed Over Building Conditions

Head of NYC Housing Nonprofit Arrested and Jailed Over Building Conditions

by Phil Hall | Apr 23, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The chief executive of a New York City housing nonprofit was arrested and jailed for failing to complete repairs at a Harlem apartment building owned by the organization. The Gothamist reports Malcolm Punter, president and CEO of Harlem Congregations for Community...
Illinois Home Sales Up 3.1%

Illinois Home Sales Up 3.1%

by Phil Hall | Apr 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 10,075 homes were sold in Illinois during March, which represents a 3.1% uptick from the 9,774 sold one year earlier. According to data from Illinois Realtors, the 17,099 homes available for sale statewide last month were 7.7% less than the 18,526 homes...
Home Sales Profits Down During Q1

Home Sales Profits Down During Q1

by Phil Hall | Apr 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners made a 44.1% profit on typical single-family home and condo sales during the first quarter of this year, according to data from ATTOM. That was down from 47.2% in the previous quarter and from 50.2% the first quarter of 2025. The profit margin percentage is...
Kansas City Royals Announce Plans for New Stadium

Kansas City Royals Announce Plans for New Stadium

by Phil Hall | Apr 23, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kansas City Royals announced plans to create a new stadium within the redevelopment of Crown Center, located south of downtown Kansas City. According to combined media reports, the $3 billion project will encompass an 85-acre site, with a new $1.9 billion stadium...
US Attorney Pirro Vows to Push Ahead with Federal Reserve Probe

US Attorney Pirro Vows to Push Ahead with Federal Reserve Probe

by Phil Hall | Apr 23, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

US Attorney Jeanine Pirro had declared her office will not drop its investigation into cost overruns at the Federal Reserve headquarters, even if it derails President Trump’s nomination of Kevin Warsh to replace Jerome Powell as the central bank’s chairman. Sen. Thom...
HUD and FHFA Update Credit Scoring Models

HUD and FHFA Update Credit Scoring Models

by Phil Hall | Apr 22, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) have announced the first major update to their respective credit scoring models in decades. HUD is now enabling the Federal Housing Administration (FHA) to use of...
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