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JPMorgan Chase Allocates $40 Million for Affordable Housing Development

JPMorgan Chase Allocates $40 Million for Affordable Housing Development

by Phil Hall | Nov 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

JPMorgan Chase (NYSE: JPM) is providing more than $40 million for construction and renovation projects that address the affordable housing shortage. The bank will offer more than $20 million in grants and $20 million in “flexible, impact-focused term loans” to...
Today’s Housing Market Has Nearly 37% More Sellers Than Buyers

Today’s Housing Market Has Nearly 37% More Sellers Than Buyers

by Phil Hall | Nov 19, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Last month saw a significant supply and demand imbalance in the housing market, with an estimated 36.8% more home sellers than buyers (or 528,769 more, in numerical terms). According to data from Redfin, this marked the largest gap in records dating back to 2013....
Report: Real Estate Firms Cite Housing Affordability as Their Greatest Challenge

Report: Real Estate Firms Cite Housing Affordability as Their Greatest Challenge

by Phil Hall | Nov 19, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate firms have overwhelmingly cited housing affordability as their greatest challenge, according to the 2025 Profile of Real Estate Firms published by the National Association of Realtors (NAR). The new report found 56% of real estate firms identifying housing...
Vought Aide Nominated to Run CFPB

Vought Aide Nominated to Run CFPB

by Phil Hall | Nov 19, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Stuart Levenbach, an associate director in the Office of Management and Budget (OMB), has been nominated by the White House to become the next director of the Consumer Financial Protection Bureau (CFPB). The agency’s leadership position has been vacant since the start...
NAR Supports Texas Sen. Cornyn’s Re-Election Bid

NAR Supports Texas Sen. Cornyn’s Re-Election Bid

by Phil Hall | Nov 19, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Realtors Political Action Committee (RPAC), the political arm of the National Association of Realtors (NAR) has endorsed Sen. John Cornyn (R-TX) for re-election in 2026. According to the Odessa American, RPAC’s endorsement came at the recommendation of the...
Gov. DeSantis: ‘Age-Specific Property Tax Relief is a Non-Starter’

Gov. DeSantis: ‘Age-Specific Property Tax Relief is a Non-Starter’

by Phil Hall | Nov 19, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida Gov. Ron DeSantis has pledged to veto any proposed legislation that limits property tax relief to seniors only. In a posting on X, DeSantis responded to an article that advocated having millennials and Gen Zers to shoulder the burden of property taxes while...
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