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The Impact Group, a Denver Brokerage, Joins eXp Realty

The Impact Group, a Denver Brokerage, Joins eXp Realty

by Phil Hall | Sep 18, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), announced that The Impact Group in Denver has joined its network. The 31-agent, four-support-staff team closed $305 million in sales across 429 units in 2024. The Impact Group first began...
Mortgage Rates Continue to Fall

Mortgage Rates Continue to Fall

by Phil Hall | Sep 18, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Mortgage rates continued to decline in the latest its Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.26% as of Sept. 18, down from last week when it averaged 6.35%. A year ago at this time, it averaged...
Trump Files Emergency Request with Supreme Court to Fire Lisa Cook

Trump Files Emergency Request with Supreme Court to Fire Lisa Cook

by Phil Hall | Sep 18, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration has made an emergency request to the US Supreme Court to decide whether he has the authority to fire Federal Reserve Gov. Lisa Cook. The request follows an appeals court decision on Monday that rejected Trump’s efforts to fire Cook ahead of...
Q2 Home Flipping Profit Margins Drop to 17-Year Low

Q2 Home Flipping Profit Margins Drop to 17-Year Low

by Phil Hall | Sep 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 78,621 single-family homes and condominiums were flipped in the second quarter, accounting for 7.4% of home sales during that three-month period. According to data from ATTOM, the second quarter’s activity was down from the first quarter when flipped homes...
Rithm Capital Buys Paramount Group for $1.6 Billion

Rithm Capital Buys Paramount Group for $1.6 Billion

by Phil Hall | Sep 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Rithm Capital Corp., a global alternative asset manager, announced its $1.6 billion acquisition of Paramount Group Inc. (NYSE: PGRE), a real estate investment trust focused on Class A office properties in New York City and San Francisco. The transaction values New...
DC Council Gives Final Approval on Commanders Stadium Project

DC Council Gives Final Approval on Commanders Stadium Project

by Phil Hall | Sep 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The DC City Council voted 11-2 to move forward with the construction of a new stadium on the site of the long-defunct RFK Stadium, which will become the future home of the Washington Commanders. The 11-2 vote followed months of controversies on public funding of the...
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