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Rocket Mortgage to Offer Bridge Loans for Homeowners

Rocket Mortgage to Offer Bridge Loans for Homeowners

by Phil Hall | Jun 25, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rocket Mortgage, a division of Rocket Companies (NYSE: RKT), announced the addition of bridge loans to its product offerings. According to a statement from the Detroit-headquartered company, the new product “allows current homeowners to use equity to compete...
Apex Commercial Exchange Debuts Platform for Commercial Real Estate Auctions

Apex Commercial Exchange Debuts Platform for Commercial Real Estate Auctions

by Phil Hall | Jun 25, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Apex Commercial Exchange (ACE) has launched its new platform for commercial real estate auctions. According to the New York City-based ACE, the new platform enables brokers and owners to build fully customized asset pages, securely host diligence materials, generate...
66-Unit Connecticut Multifamily Property Sells for $20.7 Million

66-Unit Connecticut Multifamily Property Sells for $20.7 Million

by Phil Hall | Jun 25, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A 66-unit multifamily apartment community in the affluent New York City suburb of Greenwich, Connecticut, has been sold for $20.7 million. The sale of Putnam Green, which was built in 1976, is the largest multifamily transaction in Greenwich since 2012. The sale...
Vice President Vance Questions Why Powell is Avoiding Rate Cuts

Vice President Vance Questions Why Powell is Avoiding Rate Cuts

by Phil Hall | Jun 25, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Vice President JD Vance is questioning whether Federal Reserve Chairman Jerome Powell stopped lowering interest rates because returned to the presidency. In a posting on X, Vance wrote: “I’d love to hear an argument for why Powell cut rates 50 points right before an...
DC-Area Real Estate Agents Report DOGE Impacts on Home Selling

DC-Area Real Estate Agents Report DOGE Impacts on Home Selling

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Elon Musk is no longer in Washington, DC, but the job-slashing impact of his Department of Government Efficiency (DOGE) has a lingering impact on the local housing market. A new data report from Bright MLS found over half (54%) of DC-area agents reported federal...
The Best- and Worst-Run Cities of 2025 Are…

The Best- and Worst-Run Cities of 2025 Are…

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number crunchers at WalletHub have published their 2025 version of the Best- and Worst-Run Cities in America, focusing on 148 of the nation’s largest municipalities. The rankings for this study were determined with a “Quality of Services” score made up of 36...
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