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$110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales

$110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales

by Phil Hall | Aug 13, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Los Angeles estate known as the “Spelling Manor” after its former owner, producer Aaron Spelling, topped the list of July’s most expensive home sales, according to new data from Redfin. The Spelling Manor’s $110 million sale price was far greater than the runner-up...
Sandra Howard Named Chief Marketing Officer at Keller Williams

Sandra Howard Named Chief Marketing Officer at Keller Williams

by Phil Hall | Aug 13, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Keller Williams Realty LLC (KW) has announced the appointment of Sandra Howard as chief marketing officer, effective Aug. 18. In her new role, Howard will focus on growing KW’s revenue via strategic marketing, branding, and communications-driven initiatives. Before...
Treasury Secretary Bessent Calls on Fed to Make a 50 Basis Point Rate Cut in September

Treasury Secretary Bessent Calls on Fed to Make a 50 Basis Point Rate Cut in September

by Phil Hall | Aug 13, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Treasury Secretary Scott Bessent ratcheted up the Trump administration’s pressure for Federal Reserve rate cuts by bluntly stating the central bank’s benchmark is at least 1.5 percentage points too high. “I think we could go into a series of rate cuts here, starting...
Survey: Buyers Turned Off By Sloppily Maintained Neighboring Properties

Survey: Buyers Turned Off By Sloppily Maintained Neighboring Properties

by Phil Hall | Aug 13, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A home seller living next door to a household with a slovenly property could find themselves losing prospective buyers who don’t want to be future neighbors with a bunch of slobs. A new survey commissioned by REMAX Canada found 18% of Canadians admitting that a poorly...
Refinancing Surge Fuels Rise in Mortgage Application Activity

Refinancing Surge Fuels Rise in Mortgage Application Activity

by Phil Hall | Aug 13, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity took a substantial increase for the week ending Aug. 8 thanks to an uptick in refinance inquiries, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application...
Palmetto Plaza, Miami-Area Retail Center, Sells for $46 Million

Palmetto Plaza, Miami-Area Retail Center, Sells for $46 Million

by Phil Hall | Aug 13, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Core Palmetto, an affiliate of Miami-based Core Investment Management, announced the sale of Palmetto Plaza, a 186,095-square-foot retail center in Miami Gardens, Florida. Core acquired Palmetto Plaza in 2021 for $33 million. While the company did not state the sale...
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