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Manhattan’s Median Apartment Rent at $4,500 in February

Manhattan’s Median Apartment Rent at $4,500 in February

by Phil Hall | Mar 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median apartment rent in Manhattan soared to $4,500 last month, according to data from the Douglas Elliman brokerage. The median rental price for Manhattan was up 6.4% year-over-year, marking a new monthly record in February. Bisnow.com reports last month’s figure...
NAMB Seeks Nominees for 2025-2026 Officers and Directors

NAMB Seeks Nominees for 2025-2026 Officers and Directors

by Phil Hall | Mar 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Mortgage Brokers (NAMB) is seeking nominees to serve as organization officers and members of the board of directors for the 2025-2026 term. NAMB is looking for members to fill the one-year terms for president-elect, vice president,...
HomeServices of America CEO Refutes Reports of Acquisition Talks with Compass

HomeServices of America CEO Refutes Reports of Acquisition Talks with Compass

by Phil Hall | Mar 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The chief executive of HomeServices of America, a division of Warren Buffett’s Berkshire Hathaway (NYSE: BRK), is denying a report that his company was in discussions to become acquired by Compass (NYSE: COMP). HomeServices President and CEO Gino Blefari sent a...
Watermark Companies’ New Rental Home Community in Texas is Now Leasing

Watermark Companies’ New Rental Home Community in Texas is Now Leasing

by Phil Hall | Mar 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The build-to-rent developer Watermark Companies is now leasing its new rental home community in Midlothian, Texas. Located 30 minutes from the Dallas-Fort Worth metro, Canvas at Midlothian encompasses 201 two-, three- and four-bedroom single-family homes and...
Fair Housing Nonprofits Sue HUD and DOGE Over Grants Cancellation

Fair Housing Nonprofits Sue HUD and DOGE Over Grants Cancellation

by Phil Hall | Mar 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Three nonprofit fair housing organizations are suing the Department of Housing and Urban Development (HUD) and the Department of Government Efficiency (DOGE) over the cancellation of approximately $30 million in grant funding. The New York Times reported the lawsuit,...
Arizona Attorney General Brings Lawsuit Against Foreclosure Scheme Fraudsters

Arizona Attorney General Brings Lawsuit Against Foreclosure Scheme Fraudsters

by Phil Hall | Mar 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Arizona Attorney General Kris Mayes filed a lawsuit that accused multiple companies and individuals coordinating a scheme to defraud homeowners facing foreclosure. The lawsuit alleged Cameron Jones and his company Gazelle Investors, and Samuel Sutton through his...
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