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Obama’s Former Martha’s Vineyard Rental Listed at $39 Million

Obama’s Former Martha’s Vineyard Rental Listed at $39 Million

by Phil Hall | Apr 28, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Blue Heron Farm, the Martha’s Vineyard property that was the summer home of President Barack Obama and his family during his first term, has been listed for $39 million. The Wall Street Journal reports the roughly 30-acre property in Chilmark, Massachusetts, includes...
‘Fixer Upper’ Carpenter Clint Harp Leaving TV to Become a Realtor

‘Fixer Upper’ Carpenter Clint Harp Leaving TV to Become a Realtor

by Phil Hall | Apr 25, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A familiar figure in DIY home repair television programming is going off camera to begin a new career as a realtor. Entertainment Now reports that Clint Harp, the former carpenter on HGTV’s “Fixer Upper” and the star of his own show “Restoration Road” on Magnolia...
Commercial Real Estate Mortgage Borrowing and Lending Up 16% in 2024

Commercial Real Estate Mortgage Borrowing and Lending Up 16% in 2024

by Phil Hall | Apr 25, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New data from the Mortgage Bankers Association (MBA) is estimating commercial real estate mortgage borrowing and lending in 2024 totaled $498 billion, up by 16% from the $429 billion in 2023 but down by 39% from the $816 billion recorded in 2022. MBA tracked $411...
Stonepeak Launches Data Center Development Company

Stonepeak Launches Data Center Development Company

by Phil Hall | Apr 25, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Stonepeak, a New York city-based alternative investment firm specializing in infrastructure and real assets, has rolled out Montera Infrastructure, a North American hyperscale-focused data center development company. Working with a $1.5 billion equity commitment,...
Poll: 3 in 4 Canadians Support a Ban on Foreigners Buying Residential Properties

Poll: 3 in 4 Canadians Support a Ban on Foreigners Buying Residential Properties

by Phil Hall | Apr 25, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Roughly more than three-in-four Canadians support their federal government’s decision to ban foreigners from purchasing residential properties, according to a new poll from Research Co. The ban will be in effect until Jan. 1, 2027. In the online survey of 1,006 likely...
Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics

Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics

by Phil Hall | Apr 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The affordability gap for Black and Hispanic households seeking homeownership in California continues to remain behind other ethnic demographics, according to a new data report from the California Association of Realtors (CAR). During 2024, less than one-fifth (18%)...
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