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Trump is Open to Jamie Dimon as Treasury Secretary, Powell Serving Out Fed Term

Trump is Open to Jamie Dimon as Treasury Secretary, Powell Serving Out Fed Term

by Phil Hall | Jul 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Former President Donald Trump is open to considering JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon as the Treasury Secretary if he regains the White House, while he is also open to allowing Jerome Powell to serve out his term as chairman of the Federal Reserve. In a...
Mortgage Application Activity in 4% Upswing

Mortgage Application Activity in 4% Upswing

by Phil Hall | Jul 17, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were on the rise again, according to data from Mortgage Bankers Association (MBA) covering the week ending July 12. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.9% on a seasonally adjusted basis...
Developer Sergio Pino Dies from Suicide Amid FBI Raid on His Home

Developer Sergio Pino Dies from Suicide Amid FBI Raid on His Home

by Phil Hall | Jul 17, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

South Florida developer Sergio Pino was found dead in his home in Coral Gables from a self-inflicted gunshot wound on Tuesday morning after the FBI arrived to conduct a raid at the property. He was 67 years old. According to a WPLG report, the FBI action was...
11 Civil Rights Movement Sites Recommended for UNESCO World Heritage List

11 Civil Rights Movement Sites Recommended for UNESCO World Heritage List

by Phil Hall | Jul 17, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Secretary of the Interior Deb Haaland has authorized the National Park Service to prepare a potential nomination for 11 U.S. Civil Rights Movement sites to be added to the UNESCO World Heritage List. The sites included in the proposed nomination are: Dexter Avenue...
Elon Musk, Citing Controversial California Law, to Relocate X and Space X HQs to Texas

Elon Musk, Citing Controversial California Law, to Relocate X and Space X HQs to Texas

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

Elon Musk announced that he is relocating his California-based companies X (formerly Twitter) and SpaceX from California to Texas, citing a new controversial state law as the reason for his relocation. Posting on X, Musk cited a law signed yesterday by Gov. Gavin...
A Phil Hall Op-Ed: Who Wants to Live in a Post Office?

A Phil Hall Op-Ed: Who Wants to Live in a Post Office?

by Phil Hall | Jul 16, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Buried in the middle of today’s belated effort to show that President Biden is aware of challenges in the housing market was this strange paragraph in a White House press statement: “The United States Postal Service (USPS) will pilot the...
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