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Herbert Hoover’s Monterey Vacation Home Listed at $2.4 Million

Herbert Hoover’s Monterey Vacation Home Listed at $2.4 Million

by Phil Hall | Jun 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The property in Monterey, California, that was the summer cottage of President Herbert Hoover and his wife, Lou Henry Hoover, has been listed for sale at $2.395 million. According to a Wall Street Journal report, the Hoovers purchased the wooden cottage in 1913 from...
UK Real Estate Executives Honored By King Charles III

UK Real Estate Executives Honored By King Charles III

by Phil Hall | Jun 20, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A pair of U.K. real estate executives received the Order of the British Empire (OBE) as part of King Charles III’s inaugural Birthday Honors list. CoStar News reported Charles Oglesby, CEO of the commercial property management firm Bruntwood, was recognized for his...
David Smith Named Head of Truist Mortgage

David Smith Named Head of Truist Mortgage

by Phil Hall | Jun 20, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Truist Financial Corp. (NYSE: TFC) has named David Smith as head of Truist Mortgage. Smith will succeed Chamberlain, who will continue to assist with the transition and retire from Truist effective July 31. Smith was previously president of Keller Home Financial...
California Home Sales Up in May

California Home Sales Up in May

by Phil Hall | Jun 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s housing market rebounded in May with home sales rising to the highest level in eight months and the statewide median price remaining above $800,000 for the second straight month. According to new data from the California Association of Realtors,...
New Homebuyer Assistance Program Aimed at HBCU and PBI Graduates

New Homebuyer Assistance Program Aimed at HBCU and PBI Graduates

by Phil Hall | Jun 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

BMO (NYSE:BMO) has rolled out the Homebuyer Assistance Program for graduates of Historically Black Colleges and Universities (HBCU) and Predominantly Black Institutions (PBI). Created in partnership with the National Association for Real Estate Brokers (NAREB), a...
Andy Pettola Joins New American Funding as EVP of National Sales

Andy Pettola Joins New American Funding as EVP of National Sales

by Phil Hall | Jun 20, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Tustin, California-based New American Funding has recruited Andy Pettola to become executive vice president of national sales. Pettola brings more than 30 years of mortgage industry experience to his new role. He was most recently director of national sales at Envoy...
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