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White House Pushes Story That Federal Reserve Hired a Crisis PR Firm

White House Pushes Story That Federal Reserve Hired a Crisis PR Firm

by Phil Hall | Jul 23, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

In the wake of ongoing attacks and insults from the Executive Branch against the central bank, the Trump administration is making unsubstantiated claims that Federal Reserve Chairman Jerome Powell has hired a public relations agency specializing in crisis...
Sen. Lee, Conservative Pundit Duped by Fake Powell Resignation Letter

Sen. Lee, Conservative Pundit Duped by Fake Powell Resignation Letter

by Phil Hall | Jul 22, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A fake letter designed to give the appearance that Federal Reserve Chairman Jerome Powell was resigning was posted and later deleted on social media by Sen. Mike Lee (R-UT) and conservative commentator Benny Johnson. CNBC reports the letter was addressed to “The...
The 10 Most Expensive US Home Sales for June

The 10 Most Expensive US Home Sales for June

by Phil Hall | Jul 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Properties in California and Florida dominated the list of the nation’s 10 most expensive home sales during June, according to new data from Redfin. All 10 of the properties sold for more than $30 million. The most expensive US home sales of June were: 71 Beverly...
Pennsylvania’s Median Home Sales Price Hits New High

Pennsylvania’s Median Home Sales Price Hits New High

by Phil Hall | Jul 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median home sales price in Pennsylvania reached an all-time high in June at $325,000, up 6.5% from the $305,000 price recorded one year earlier. According to data from the Pennsylvania Association of Realtors (PAR), the spike in home prices coincided with an...
Two Mixed-Use Jersey Shore Properties Sell for $5.35 Million

Two Mixed-Use Jersey Shore Properties Sell for $5.35 Million

by Phil Hall | Jul 22, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A pair of retail/office properties along the Jersey Shore were sold for a combined $5.35 million. SRZ Properties LLC acquired 9218 Ventnor Avenue in Margate, New Jersey, for $3.15 million. The property encompasses nearly 8,000 square feet, along with an onsite parking...
Report: Canadians Spend 42.3% of Income on Taxes

Report: Canadians Spend 42.3% of Income on Taxes

by Phil Hall | Jul 22, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The average Canadian family spent 42.3% of its income on taxes in 2024, according to a new study published by the nonpartisan Fraser Institute. The percentage spent on taxes is greater than the 35.5% allocated to housing, food and clothing combined. Last year, the...
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