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28,000 Minnesota Real Estate Agents Complete Training on Reducing Racial Bias in Homebuying

28,000 Minnesota Real Estate Agents Complete Training on Reducing Racial Bias in Homebuying

by Phil Hall | May 16, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly 28,000 real estate agents and brokers licensed in Minnesota have completed a two-year training program designed to eliminate racial inequities in homebuying. According to a KAAL-TV / ABC 6 News report, the Minnesota Department of Commerce launched the program...
Historic NYC Hotel Reopens as Arrival Center for Illegal Immigrants

Historic NYC Hotel Reopens as Arrival Center for Illegal Immigrants

by Phil Hall | May 16, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A historic hotel in Midtown Manhattan that closed during the start of the Covid-19 pandemic has been reopened as the new arrival center for illegal immigrants being bused into the city. New York City Mayor Eric Adams announced the Roosevelt Hotel will serve as a...
Frank Lloyd Wright-Designed Home in Tulsa Listed for $7.9 Million

Frank Lloyd Wright-Designed Home in Tulsa Listed for $7.9 Million

by Phil Hall | May 16, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

One of the largest homes designed by the iconic architect Frank Lloyd Wright has been listed for sale in Tulsa, Oklahoma, for $7.9 million. According to a report in TheSpaces.com, the property known as Westhope was completed in 1929 as the residence for Richard Wright...
New Reality Series Focuses on Toronto’s Luxury Housing Market

New Reality Series Focuses on Toronto’s Luxury Housing Market

by Phil Hall | May 15, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Amazon (NASDAQ:AMZN) announced that its Prime Video division has started production on the reality series “Luxe Listings Toronto.” The new series is based on the Australian Amazon program “Luxe Listings Sydney” and promises to present “one of the most cutthroat real...
FHLBank Dallas Donates $1 Million to Storm-Damaged Markets

FHLBank Dallas Donates $1 Million to Storm-Damaged Markets

by Phil Hall | May 15, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of Dallas (FHLB Dallas) has donated $1 million to assist with relief and recovery efforts in the regions of Arkansas, the Mississippi Delta and Northeast Mississippi that were damaged by recent tornadoes and heavy storms. FHLB Dallas is...
MBA: Commercial and Multifamily Mortgage Activity to Decline This Year

MBA: Commercial and Multifamily Mortgage Activity to Decline This Year

by Phil Hall | May 15, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) has revised its forecast for the commercial and multifamily mortgage borrowing and lending environment and is now predicting this sector will fall to $654 billion this year, down 20% from the $816 billion generated in 2022. If...
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