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Pennsylvania Home Sales Down 7.2% From Last Year

Pennsylvania Home Sales Down 7.2% From Last Year

by Phil Hall | Jan 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of home sales in Pennsylvania during December totaled 8,966, down from 9,130 in November and down 7.2% from 2022, according to new data from the Pennsylvania Association of Realtors (PAR), which also noted sales were down 25% compared to 2020. The Keystone...
Harrison Levy Named Construction Director at Belfonti Companies

Harrison Levy Named Construction Director at Belfonti Companies

by Phil Hall | Jan 18, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hamden, Connecticut-based Belfonti Companies, a real estate development and investment firm, has hired Harrison Levy as director of construction. In his new job, Levy will be responsible for the new development component of the company’s portfolio, providing...
Former MBA Chief David H. Stevens Passes Away

Former MBA Chief David H. Stevens Passes Away

by Phil Hall | Jan 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) announced death of its former President and CEO David H. Stevens at the age of 66. Stevens served as the trade group’s leader from 2011 until 2018. He was previously Assistant Secretary of Housing – Federal Housing Commissioner...
Alec Baldwin Tries to Sell His Mansion on YouTube

Alec Baldwin Tries to Sell His Mansion on YouTube

by Phil Hall | Jan 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alec Baldwin is back on the screen – not the movie screen or the television screen, but the YouTube screen in a sales video to market his home in the exclusive Hamptons section of New York’s Long Island. Baldwin is asking close to $19 million for the property, with a...
The City with the Biggest Yards Is…

The City with the Biggest Yards Is…

by Phil Hall | Jan 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A nice big yard can be a great selling point for a home, but in some markets that feature can be an elusive amenity. The newly published study “2024’s Cities with the Biggest Yards” by LawnStarter number crunched data from the Federal Housing Finance Agency that...
Cantor Fitzgerald CEO: ‘$700 Billion Could Default’ in Commercial Real Estate Loans

Cantor Fitzgerald CEO: ‘$700 Billion Could Default’ in Commercial Real Estate Loans

by Phil Hall | Jan 17, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Cantor Fitzgerald CEO Howard Lutnick has seen the future of the commercial real estate sector, and he is observing a messy time ahead. “I think $700 billion could default,” said Lutnick in an interview on Fox Business from the World Economic Forum in Davos,...
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