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White House Hosts Swearing-In Ceremony for Fed Chairman Kevin Warsh

White House Hosts Swearing-In Ceremony for Fed Chairman Kevin Warsh

by Phil Hall | May 22, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Kevin Warsh was sworn in as chairman of the Federal Reserve in a White House ceremony. This marked the first time since 1987 that the White House was the setting for this ceremony. President Trump hosted the event, and Supreme Court Justice Clarence Thomas...
Engel & Völkers Opens Fourth Hawaiian Office

Engel & Völkers Opens Fourth Hawaiian Office

by Phil Hall | May 22, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The global luxury real estate brand Engel & Völkers has expanded its presence in Hawaii with a new location in Maui. Leading the new office are license partner Dawn Maddux, general manager Katie Moriarty, and broker in charge Reggie Audant. The office will service...
Virginia Home Sales Surged in April

Virginia Home Sales Surged in April

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

A total of 9,758 homes were sold in Virginia during April, an uptick of 424 transactions (a 4.5% increase) from one year earlier. According to data from the Virginia Association of Realtors (VAR), year-to-date closed sales are up 5.8% while sold dollar volume is at...
Radian Group CEO Rick Thornberry Announces Retirement

Radian Group CEO Rick Thornberry Announces Retirement

by Phil Hall | May 22, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Radian Group Inc. (NYSE: RDN), the Wayne, Pennsylvania-based mortgage insurance provider, announced that CEO Rick Thornberry will retire in December following nearly a decade of corporate leadership. “Rick’s impact on Radian over the last nine years cannot be...
Michigan House Passes Bill Package to Slash Property Taxes

Michigan House Passes Bill Package to Slash Property Taxes

by Phil Hall | May 22, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Republican-controlled Michigan House of Representatives has passed an eight-bill package includes measures to cut property taxes. CBS News reports the bill package is designed to end Michigan’s 6-mill tax, the 0.75% real estate transfer tax, and the pop-up tax...
Senate Adjourns for Recess, Leaving Fate of Housing Bill on Hold

Senate Adjourns for Recess, Leaving Fate of Housing Bill on Hold

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

The fate of the 21st Century ROAD to Housing Act has been put on hold as the US Senate adjourned yesterday for a 10-day recess. The bill was initially passed by the Senate and then sent to the House of Representatives, which earlier this week approved the legislation...
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