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Hits and Misses for the Real Estate Week of July 28-Aug. 1

Hits and Misses for the Real Estate Week of July 28-Aug. 1

by Phil Hall | Aug 1, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Fed ignores the president, FICO lobbies Congress, and Grant Cardone needs a CFO. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 28-Aug. 1. Miss: If You Can’t Say Something Nice. For the past several weeks, President...
FICO Chief Pushes Back at Pulte Criticism Over Pricing and ‘Monopoly’ Status

FICO Chief Pushes Back at Pulte Criticism Over Pricing and ‘Monopoly’ Status

by Phil Hall | Aug 1, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The chief executive of Fair Isaac (NYSE: FICO) has a bone to pick with Bill Pulte after the Federal Housing Finance Agency director claimed the company unfairly hiked its prices and was operating like a monopoly. In an interview with CNBC, FICO CEO Will Lansing...
Lennar Begins Home Sales at New Florida Community

Lennar Begins Home Sales at New Florida Community

by Phil Hall | Aug 1, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Lennar Corp. (NYSE: LEN) is now selling homes at its new master-planned community, New Port Corners in New Port Richey, Florida. The new community features 22 floorplans across single- and multifamily homes, and the development includes a 55+ active adult...
Newsom Issues Executive Order Curbing Housing Density in Fire-Impacted Areas

Newsom Issues Executive Order Curbing Housing Density in Fire-Impacted Areas

by Phil Hall | Aug 1, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Gov. Gavin Newsom issued an executive order designed to limit the construction of high-density housing in the Los Angeles County areas impacted by the recent wildfires. The order dilutes Senate Bill 9 (SB 9), which was signed into law four years ago to...
Trump Calls on Fed Board of Governors to Overthrow Powell

Trump Calls on Fed Board of Governors to Overthrow Powell

by Phil Hall | Aug 1, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Two days after the Federal Reserve opted to hold rates again, President Trump has renewed his attacks on Chairman Jerome Powell – and this time, he is calling for a leadership revolt within the central bank’s leadership team. In a posting on Truth Social, the...
Wells Fargo CEO Charles Scharf to Become Chairman of the Board

Wells Fargo CEO Charles Scharf to Become Chairman of the Board

by Phil Hall | Aug 1, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Wells Fargo & Company (NYSE: WFC) has announced CEO Charlie Scharf will become the chairman of the board. When Scharf becomes chairman, the Wells Fargo board intends to appoint a lead independent director. Scharf will receive a one-time special equity grant...
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