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Vietnam Approves Trump Organization’s Golf Resort Real Estate Project

Vietnam Approves Trump Organization’s Golf Resort Real Estate Project

by Phil Hall | May 16, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Vietnamese government has approved a $1.5 billion proposal by the Trump Organization to build golf courses, hotels and real estate projects in the country. The Associated Press reports the Trump Organization and a local developer, Kinhbac City, proposed their...
Voice of America’s DC HQ Listed for Sale

Voice of America’s DC HQ Listed for Sale

by Phil Hall | May 16, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Washington, DC headquarters of the Voice of America is the latest federal property on the list for “accelerated disposal.” Bloomberg reports the property, formally known at the Wilbur Cohen Federal Building, is located south of the National Mall and two blocks...
New NAR Study: Housing Affordability Gap Remains in Place

New NAR Study: Housing Affordability Gap Remains in Place

by Phil Hall | May 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data analysis by the National Association of Realtors (NAR) has determined affordable homeownership is still an elusive commodity for too many Americans. The new NAR study found households earning $75,000 a year can only afford 21.2% of home listings as of...
Mortgage Rates Inch Up

Mortgage Rates Inch Up

by Phil Hall | May 15, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.81% as of May 15, up from last week when it averaged 6.76%. A year ago at this time, it averaged 7.02%. The...
Builder Confidence Drops, Albeit with a Significant Asterisk Attached

Builder Confidence Drops, Albeit with a Significant Asterisk Attached

by Phil Hall | May 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence took a sizable stumble this month amid concerns of tariffs, interest rates and an uncertain economic outlook. However, the National Association of Home Builders (NAHB) stressed that its Housing Market Index (HMI) data was culled prior to the May 12...
Zillow: New Listings Are Outpacing Home Sales

Zillow: New Listings Are Outpacing Home Sales

by Phil Hall | May 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More properties are coming on the market than being sold, according to a new data report from Zillow (NASDAQ: Z, ZG). During April, Zillow found the quantity of new listings were up 9.8% from March and up 7.6% from one year earlier, outpacing sales nationwide. New...
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