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Q4 Lending Down While Refinance Activity Rises

Q4 Lending Down While Refinance Activity Rises

by Phil Hall | Feb 27, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1.64 million mortgages for residential properties were issued during the fourth quarter of 2024, according to new data from ATTOM. This represents a 3% drop from the third quarter, but it was also a 14% spike from the fourth quarter of 2023. ATTOM noted...
Urban League Leader Calls for GSE Privatization

Urban League Leader Calls for GSE Privatization

by Phil Hall | Feb 27, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The leader of a prominent civil rights organization has voiced support for the privatization of the government-sponsored enterprising (GSEs). The Hill reports Marc Morial, president and CEO of the National Urban League, has called on Bill Pulte, President Trump’s...
HUD Rescinds Obama-Era Fair Housing Rule

HUD Rescinds Obama-Era Fair Housing Rule

by Phil Hall | Feb 27, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A fair housing rule that was enacted during the Obama administration, then rescinded in the first Trump administration, then restored in the Biden administration, has been rescinded again by the second Trump administration. Department of Housing and Urban Development...
CBRE in Partnership on Electric Vehicle Charger Installations

CBRE in Partnership on Electric Vehicle Charger Installations

by Phil Hall | Feb 27, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

3V Infrastructure, an electric vehicle (EV) charging infrastructure investor, owner, and operator, has signed a partnership with the commercial real estate services and investment firm CBRE (NYSE: CBRE). In this partnership, CBRE will help match 3V with multifamily...
Virginia Home Sales Up 1.8%

Virginia Home Sales Up 1.8%

by Phil Hall | Feb 26, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 5,758 home sales were recorded last month in Virginia, a 1.8% uptick (104 more sales) from one year earlier. Virginia Realtors reports roughly half of the state’s cities and counties recorded year-over-year sales. January saw 9,431 new listings coming onto...
Rep. Maxine Waters Demands Emergency Hearing Over HUD Layoffs

Rep. Maxine Waters Demands Emergency Hearing Over HUD Layoffs

by Phil Hall | Feb 26, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Rep. Maxine Waters (D-CA), the Ranking Member of the House Financial Services Committee, is demanding an emergency hearing to examine layoffs at the Department of Housing and Urban Development (HUD). In a letter to the Committee’s chairman, Rep. French Hill (R-AR),...
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