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NJ Town Drops Eminent Domain Seizure Threat Against Historic Church Property

NJ Town Drops Eminent Domain Seizure Threat Against Historic Church Property

by Phil Hall | Jul 31, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A New Jersey town has halted its efforts to seize an Episcopalian church’s property to create a park with pickleball courts. The Asbury Park Press reports Toms River Mayor Daniel Rodrick postponed a vote on seizing Christ Episcopal Church in the wake of angry public...
Flyhomes Raises $15 Million in Series D Funding

Flyhomes Raises $15 Million in Series D Funding

by Phil Hall | Jul 31, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Flyhomes, an Issaquah, Washington-based provider of homebuyer financing solutions, announced it secured $15 million in Series D funding, led by existing investors. According to the company, the newly raised capital will be used to expand Flyhomes’ Buy Before You Sell...
Federal Reserve Holds Rates in Place

Federal Reserve Holds Rates in Place

by Phil Hall | Jul 30, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

President Trump’s efforts to cajole, coerce and bully the Federal Reserve into lowering rates came to naught as the central bank opted to maintain the target range for the federal funds rate at 4.25% to 4.50%. Today’ vote marked the fifth straight meeting to end...
Bank of Canada Holds Rates Steady

Bank of Canada Holds Rates Steady

by Phil Hall | Jul 30, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Bank of Canada announced it was maintaining the target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. “While some elements of US trade policy have started to become more concrete in recent weeks, trade negotiations are...
Arizona’s JBRE & Co. Joins The Real Brokerage

Arizona’s JBRE & Co. Joins The Real Brokerage

by Phil Hall | Jul 30, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ: REAX), that the JBRE & Co. real estate team in Northern Arizona has joined the company. Founded in 2017 and led by Justin Bemis, the nine-agent team serves Flagstaff, Sedona and Prescott and is on track to exceed $100 million in...
Compass Expands in North Carolina with Addition of Cottingham Chalk

Compass Expands in North Carolina with Addition of Cottingham Chalk

by Phil Hall | Jul 30, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Compass Inc. (NYSE: COMP) expanded its presence in the North Carolina market with the addition of Cottingham Chalk, an independent brokerage based in Charlotte. Co-founded by Dan Cottingham and John D. Chalk in 1983, Cottingham Chalk’s 70 agents closed $589 million in...
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