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Hits and Misses for the Real Estate Week of April 14-18

Hits and Misses for the Real Estate Week of April 14-18

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market

Letitia James accused of mortgage fraud, the Sun Belt loses its charm, and a tribute to a lodging sector leader. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 14-18 Miss: Not Practicing What She Preaches. New York...
Judge Temporarily Blocks Planned CFPB Layoffs

Judge Temporarily Blocks Planned CFPB Layoffs

by Phil Hall | Apr 18, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A federal judge has temporarily blocked efforts by the Trump administration to terminate 90% of the workforce of the Consumer Financial Protection Bureau (CFPB). The Hill reports US District Judge Amy Berman Jackson has stopped the agency from today’s plan to...
New Home Purchase Mortgage Applications Surged in March

New Home Purchase Mortgage Applications Surged in March

by Phil Hall | Apr 18, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases during March was up 5.5% year-over-year and up 14% month-over-month, according to data from the Mortgage Bankers Association. MBA estimated new single-family home sales were running at a seasonally adjusted annual rate of...
Master-Planned Community with Surfing Lagoons Planned for Utah

Master-Planned Community with Surfing Lagoons Planned for Utah

by Phil Hall | Apr 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alaia Development and Desert Lakes LLC have unveiled plans for Zion Shores, an inland surf destination in Washington, Utah. The 30-acre project will feature 65 short-term rental properties built around two concrete-lined, clear lagoons designed specifically for...
LendingClub Pays $74.5 Million for New San Francisco HQ Building

LendingClub Pays $74.5 Million for New San Francisco HQ Building

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, is acquiring a 233,887-square-foot property in San Francisco for $74.5 million that will serve as the company’s headquarters beginning in Spring 2026. The bank plans to occupy 100,000...
Australian Father Pitches Tent Outside Prime Minister’s Home to Protect Rising Housing Costs

Australian Father Pitches Tent Outside Prime Minister’s Home to Protect Rising Housing Costs

by Phil Hall | Apr 18, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An Australian man who said he is unable to keep up with rental housing costs despite having two jobs has set up a tent and protest sign outside of the luxury New South Wales Central Coast residence owned by Prime Minister Anthony Albanese. The Daily Mail reports...
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