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A Phil Hall Op-Ed: Will the Housing Affordability Shortage Cost Biden the Election?

A Phil Hall Op-Ed: Will the Housing Affordability Shortage Cost Biden the Election?

by Phil Hall | Mar 11, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Housing affordability – or, perhaps more accurately, the lack thereof – has quietly become a major issue in this year’s presidential election. I am using the word “quietly” because for too long the subject has not been talked about by the White...
Former Crypto Exec Zac Prince Becomes CEO at RE Cost Seg

Former Crypto Exec Zac Prince Becomes CEO at RE Cost Seg

by Phil Hall | Mar 11, 2024 | Industry Updates, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

RE Cost Seg, a New York City-based provider of cost segregation studies for real estate investors, has recruited Zac Prince as CEO. Prince was formerly the founder and CEO of BlockFi, a cryptocurrency financial services business. RE Cost Seg’s existing leadership team...
Bascom Group Acquires Santa Fe Multifamily Property

Bascom Group Acquires Santa Fe Multifamily Property

by Phil Hall | Mar 11, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The private equity firm Bascom Group LLC has acquired San Miguel Court Apartments, a garden-style multifamily property in Santa Fe, New Mexico. Built in 1974, the 96-unit San Miguel Court features a mix of including one-, two- and three-bedroom units. This is Bascom’s...
HUD Secretary Marcia Fudge to Step Down

HUD Secretary Marcia Fudge to Step Down

by Phil Hall | Mar 11, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Secretary of Housing and Urban Development Marcia Fudge is resigning, effective March 22. Fudge represented Ohio’s 11th Congressional District from November 2008 until her confirmation at HUD secretary in March 2021. In a statement, President Biden praised Fudge,...
MBA CEO Broeksmit Challenges CFPB Claims of ‘Junk Fees’ in Closing Costs

MBA CEO Broeksmit Challenges CFPB Claims of ‘Junk Fees’ in Closing Costs

by Phil Hall | Mar 11, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The head of the Mortgage Bankers Association (MBA) has criticized the Consumer Financial Protection Bureau (CFPB) of being both “politically motivated” and ignorant regarding the closing costs process in homebuying. On Friday, the CFPB published a blog...
Austin Board of Realtors to Provide Members with Forewarn Services

Austin Board of Realtors to Provide Members with Forewarn Services

by Phil Hall | Mar 11, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Forewarn LLC, a provider of real-time information solutions for real estate agents, announced that the Austin Board of Realtors (ABOR) will offer its client identification services to the more than 16,000 members it serves across 18 counties in Central Texas....
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