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Hits and Misses for the Real Estate Week of May 12-16

Hits and Misses for the Real Estate Week of May 12-16

by Phil Hall | May 16, 2025 | Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Canada’s unlikely new housing minister, two high profile property sales where the sellers took a big loss, and HUD’s commitment to Indian Country housing. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 12-16. Miss: The...
Kash Patel: FBI to Vacate DC Headquarters

Kash Patel: FBI to Vacate DC Headquarters

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

FBI Director Kash Patel announced the law enforcement agency will be leaving its Washington, DC headquarters in the J. Edgar Hoover Building and transferring 1,500 employees to locations around the country. In an interview with Fox Business, Patel stated, “This FBI is...
Scott Felder Homes Acquires Olivia Clarke Homes

Scott Felder Homes Acquires Olivia Clarke Homes

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

Scott Felder Homes, a homebuilder with operations in Austin, San Antonio and Denver, has acquired Olivia Clarke Homes, a homebuilder based in the Dallas-Fort Worth Metroplex. According to the companies, the acquisition by Scott Felder Homes will expand its geographic...
CBRE Forecasts Modest RevPAR Growth for US Hotels in 2025

CBRE Forecasts Modest RevPAR Growth for US Hotels in 2025

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

A new US hotel sector forecast published by CBRE (NYSE: CBRE) is predicting revenue per available room (RevPAR) will grow modestly in 2025, with activity fueled by urban locations benefitting from increased group and business travel along with rising demand for...
Woodrow Wilson’s 19th Century New Jersey Home Listed for $6.5 Million

Woodrow Wilson’s 19th Century New Jersey Home Listed for $6.5 Million

by Phil Hall | May 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Princeton, New Jersey, home of President Woodrow Wilson when he was a university professor was listed for $6.5 million. Mansion Global reports the Tudor Revival home was constructed 1896 when Wilson was teaching at Princeton University. The home is roughly a half...
Report: Little Change in Real Estate Agent Commissions Since NAR Settlement

Report: Little Change in Real Estate Agent Commissions Since NAR Settlement

by Phil Hall | May 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average buyer’s agent commission was 2.40% for homes sold in the first quarter, according to a data report from Redfin (NASDAQ: RDFN), up from 2.37% in the fourth quarter of 2024 and from 2.36% in the third quarter of 2024 when the new National Association of...
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