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Housing Starts Up in July

Housing Starts Up in July

by Phil Hall | Aug 19, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in July were at a rate of 939,000, according to data from the US Census Bureau. Last month’s level is 2.8% above the revised June figure of 913,000. Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1.42...
Plymouth Industrial REIT Receives Unsolicited Takeover Bid from Sixth Street Partners

Plymouth Industrial REIT Receives Unsolicited Takeover Bid from Sixth Street Partners

by Phil Hall | Aug 19, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Boston-based Plymouth Industrial REIT Inc. (NYSE: PLYM) announced that it received an unsolicited, non-binding proposal from the San Francisco-headquartered global investment firm Sixth Street Partners LLC to acquire all of the outstanding shares of the company’s...
New Report Names America’s ‘Most Fun State’

New Report Names America’s ‘Most Fun State’

by Phil Hall | Aug 19, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Nobody wants to live in a boring environment, but are some states more fun than others? The folks at WalletHub insist that some states generate more jollity than others, hence its newly published list of 2025’s Most Fun States in America. For this ranking, WalletHub’s...
New Bill Would Quadruple Property Taxes on Baltimore’s Vacant Lots

New Bill Would Quadruple Property Taxes on Baltimore’s Vacant Lots

by Phil Hall | Aug 19, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Baltimore’s City Council is considering a new bill that would boost property taxes on vacant lots. The Baltimore Banner reports that vacant lots are taxed $2.248 per $100 of assessed value, the same rate as parcels with structures. Last year, the City Council voted to...
RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services

RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services

by Phil Hall | Aug 19, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

RE/MAX Holdings Inc. (NYSE: RMAX), parent company of REMAX and Motto Mortgage, has hired Vic Lombardo as president of mortgage services. In his new role, Lombardo will oversee growth and operations for the company’s mortgage services, including Motto Mortgage...
Geraldine Hayhurst Joins Farmer Mac as Chief Legal Officer

Geraldine Hayhurst Joins Farmer Mac as Chief Legal Officer

by Phil Hall | Aug 19, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Farmer Mac (NYSE: AGM, AGM.A) announced the hiring of Geraldine Hayhurst as executive vice president – chief legal officer and secretary, effective Sept. 8. Current Executive Vice President – General Counsel and Secretary Stephen Mullery will retire on April 3, 2026,...
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