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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...
Q1 Household Debt Tops the $17 Trillion Level

Q1 Household Debt Tops the $17 Trillion Level

by Phil Hall | May 15, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. household debt passed the $17 trillion mark for the first time, according to data from the Federal Reserve Bank of New York. The newly published Quarterly Report on Household Debt and Credit reported a $148 billion (0.9%) increase to $17.05 trillion by the end of...
Mortgage Lending in Canada Tightened During Q1

Mortgage Lending in Canada Tightened During Q1

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

Mortgage lending conditions in Canada became significantly tighter during the first quarter of this year, according to the Senior Loan Officer Survey published by the Bank of Canada. The new data report found 35.62% of Canadian financial institutions tightened their...
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