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Existing Home Sales Up in May

Existing Home Sales Up in May

by Phil Hall | Jun 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There is good news in the housing market – existing home sales were up in May by 0.8% month-over-month to a seasonally adjusted annual rate of 4.03 million, according to the National Association of Realtors (NAR). However, last month also saw a 0.7% year-over-year...
Pennsylvania Governor Declines to Rule Out Using Public Funds for New NFL Stadiums

Pennsylvania Governor Declines to Rule Out Using Public Funds for New NFL Stadiums

by Phil Hall | Jun 23, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Pennsylvania Gov. Josh Shapiro refused to directly answer whether he would approve or reject public funding for the state’s NFL teams. The Associated Press reports Shapiro – who was cited as a potential running mate for Kamala Harris in last year’s election – faces...
Arrest Made in Hit-and-Run Death of ‘Million Dollar Beach House’ Agent Sara Burack

Arrest Made in Hit-and-Run Death of ‘Million Dollar Beach House’ Agent Sara Burack

by Phil Hall | Jun 23, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A Virginia woman was arrested in the fatal hit-and-run death of Sara Burack, the luxury real estate agent who became famous from her appearance on the Netflix series “Million Dollar Beach House.” The New York Post reports Amanda Kempton pleaded not guilty and was...
Kroger to Close 60 Stores Over the Next 18 Months

Kroger to Close 60 Stores Over the Next 18 Months

by Phil Hall | Jun 23, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) announced plans to close 60 underperforming stores over the next 18 months. Kroger operates 2,730 stores in 35 states and the District of Columbia under multiple brands. In a call with financial analysts after the release the...
Joseph Canizaro, Prominent New Orleans Developer, Dies at 88

Joseph Canizaro, Prominent New Orleans Developer, Dies at 88

by Phil Hall | Jun 23, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Joseph Canizaro, one of New Orleans’ most prominent commercial real estate developers, passed away on Friday at the age of 88 after experiencing a series of strokes. Canizaro first gained industry attention when he developed the 276-foot Lykes Center in 1966 as the...
FHFA’s Pulte Continues Attacks on Powell, Joined by Commerce Secretary Lutnick

FHFA’s Pulte Continues Attacks on Powell, Joined by Commerce Secretary Lutnick

by Phil Hall | Jun 23, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Federal Housing Finance Agency Director Bill Pulte ratcheted up his disapproval of Federal Reserve Chairman Jerome Powell, with Commerce Secretary Howard Lutnick joining in the criticism of the central bank’s leadership. On Sunday evening, Pulte took the X to continue...
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