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T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store

T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store

by Phil Hall | Aug 16, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

T&T Supermarket Inc., the Canadian-based Asian grocery retailer, is opening its first California store and third US location in San Jose. The new store is set to open in Fall 2025 at San Jose’s Westgate Center. The 55,000-square-foot store will be based in a...
David G. Paulson to Become CEO at Federal Home Loan Bank of Pittsburgh

David G. Paulson to Become CEO at Federal Home Loan Bank of Pittsburgh

by Phil Hall | Aug 16, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) announced the promotion of Chief Operating Officer David G. Paulson to CEO, effective Oct. 1. Paulson replaces Winthrop Watson, who announced his retirement in April and will remain as an executive senior...
Harris Pledges to Build 3 Million New Homes if Elected

Harris Pledges to Build 3 Million New Homes if Elected

by Phil Hall | Aug 15, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Vice President Kamala Harris will introduce a campaign proposal seeking the construction of 3 million new housing units during her first four years in office, along with a new tax incentive for builders that create properties for first-time homebuyers. The Wall Street...
NAR Rival American Real Estate Association Begins Membership Drive

NAR Rival American Real Estate Association Begins Membership Drive

by Phil Hall | Aug 15, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Two days before the changes brought by the National Association of Realtors’ (NAR) settlement are slated to go into the effect, the start-up rival American Real Estate Association (AREA) has announced the launch of its membership drive. Jason Haber, a New York...
Investor Home Purchases Recorded Biggest Increase in 2 Years

Investor Home Purchases Recorded Biggest Increase in 2 Years

by Phil Hall | Aug 15, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Investor purchases of homes shout up by 3.4% year-over-year in the second quarter, according to new data from Redfin (NASDAQ:RDFN). This marked the largest increase since the second quarter of 2022. Investors acquired $43 billion worth of homes in the second quarter,...

Fewer Foreign Buyers Are Purchasing Texas Homes

by Phil Hall | Aug 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Foreign buyers are pulling back from the Texas housing market, according to new data from Texas Realtors. Between April 2023 and March 2024, approximately 6,900 buyers from other countries purchased Texas residential properties. This represented a 30% decline from the...
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