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Former Fed and Treasury Leaders File Amicus Brief Backing Lisa Cook

Former Fed and Treasury Leaders File Amicus Brief Backing Lisa Cook

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

A bipartisan collection of former Federal Reserve chairpersons, Treasury Secretaries and White House economists have filed an amicus brief with the US Supreme Court asking that Lisa Cook remain as a Federal Reserve governor while she fights the White House’s...
New Soccer Stadium Planned for Reno

New Soccer Stadium Planned for Reno

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

The United Soccer League (USL) and Reno Pro Soccer have announced plans to build a stadium at the site of a former auto dealership in Reno, Nevada. Nevada Sportsnet reports recently acquired the former Jones West Ford site for $16 million and plans to develop the...
Trump Announces New Tariffs on Home Furnishings

Trump Announces New Tariffs on Home Furnishings

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

President Donald Trump has made a proclamation that home builders and developers may not appreciate – new tariffs on home furnishings. In a Truth Social posting, Trump declared, “We will be imposing a 50% Tariff on all Kitchen Cabinets, Bathroom Vanities, and...
New York State Inventory Rises, But Home Sales Continue to Decline

New York State Inventory Rises, But Home Sales Continue to Decline

by Phil Hall | Sep 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest housing market data from the New York State Association of Realtors found statewide inventory rose by 5.5% to 30,684 units last month from 29,090 in August 2024. This marks the sixth consecutive month of growing supply across the Empire State. New listings...
Mortgage Application Payment Levels Down in August

Mortgage Application Payment Levels Down in August

by Phil Hall | Sep 25, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The national median mortgage payment applied for by loan applicants decreased to $2,100 from $2,127 in August, according to data from the Mortgage Bankers Association (MBA). However, it was also up by $43 from one year ago, equal to a 2.1% increase. The national...
Mortgage Rates Inch Up Slightly

Mortgage Rates Inch Up Slightly

by Phil Hall | Sep 25, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates inched up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of Sept. 25, up from last week when it averaged 6.26%. A year ago at this time, it averaged 6.08%. The...
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