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Bill Cosby Lists NYC Townhouse in Foreclosure Battle for $7 Million

Bill Cosby Lists NYC Townhouse in Foreclosure Battle for $7 Million

by Phil Hall | Apr 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A New York City townhouse owned by disgraced comedian Bill Cosby has been listed for $7 million, even though the property is at the center of a foreclosure fight. The New York Post reports Cosby put the four-story, 5,000-square-foot property on the market four months...
Josh Pristaw Named President at Clarion Partners

Josh Pristaw Named President at Clarion Partners

by Phil Hall | Apr 17, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Clarion Partners LLC, a New York City-headquartered real estate investment manager, has hired Josh Pristaw as managing director and president. Pristaw will sit on Clarion’s executive board and investment committee in a position reporting directly to CEO and...
Mortgage Rates Take an Upswing

Mortgage Rates Take an Upswing

by Phil Hall | Apr 17, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC) showed the 30-year fixed-rate mortgage rising for the first time in 13 weeks, although the government-sponsored enterprise insisted on emphasizing the positive aspects of this development. The...

Trump Calls for ‘Termination’ of Powell’s Fed Leadership

by Phil Hall | Apr 17, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

President Trump called for the “termination” of Jerome Powell’s leadership at the Federal Reserve for failing to cut interest rates in a speedy manner. This morning, Trump took to his Truth Social platform to fault Powell for not following the example of the European...
Housing Starts Dropped in March

Housing Starts Dropped in March

by Phil Hall | Apr 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in March were at a rate of 940,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This is 14.2% below the revised February figure of 1.09 million. Privately-owned housing starts in March...
European Central Bank Cuts Interest Rates by 25 Basis Points

European Central Bank Cuts Interest Rates by 25 Basis Points

by Phil Hall | Apr 17, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The European Central Bank (ECB) has cut three of its interest rate categories by 25 basis points. In a press statement, the ECB’s Governing Council announcing the reduction of the interest rates on the deposit facility, the main refinancing operations and the marginal...
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