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Hits and Misses for the Real Estate Week of Aug. 11-15

Hits and Misses for the Real Estate Week of Aug. 11-15

by Phil Hall | Aug 15, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, WRE News Exclusive

The Treasury Secretary makes and rescinds demands, Playboy moves its headquarters out of Los Angeles, and New York City’s worst hotel closes. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 11-15. Miss: Foot in Mouth...
Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?

Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?

by Phil Hall | Aug 15, 2025 | Mortgage Information, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Will the Trump administration’s plans to sell shares in Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) result in a spike in mortgage rates, or will it drive rates down? The answer, it seems, depends which expert you ask. The Trump administration is reportedly...
Detroit City FC Will Pay Property Taxes on New Soccer Stadium

Detroit City FC Will Pay Property Taxes on New Soccer Stadium

by Phil Hall | Aug 15, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The CEO of Detroit City FC announced that his team will pay property taxes on its new soccer stadium. Axios reports Sean Mann pledged his team will cover property taxes for the 15,000-seat AlumniFi Field only – the property will also include an affordable housing...
Connecticut Cities Increase Fines Against Landlords with Blighted Properties

Connecticut Cities Increase Fines Against Landlords with Blighted Properties

by Phil Hall | Aug 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A pair of Connecticut cities are taking a tougher new approach to fighting neighborhood blight by upping fines against the owners of the rundown properties. WFSB reports the City of New Haven announced a new plan that increases the fine for a blighted property from...
Essay Contest Offers Unique Grand Prize: A Luxury Home in Virginia

Essay Contest Offers Unique Grand Prize: A Luxury Home in Virginia

by Phil Hall | Aug 15, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A new contest is underway with a $1.8 million property in Fredericksburg, Virginia, as the grand prize – and the winner of this competition will be judged solely on their literary skills. The new “Write Your Way Home” Contest challenges entrants to submit...
Canadian Home Sales and Prices Up During July

Canadian Home Sales and Prices Up During July

by Phil Hall | Aug 15, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales across Canada during July were up 3.8% month-over-month and up 6.6% year-over-year, according to data from the Canadian Real Estate Association (CREA). The number of home sales recorded over Canadian MLS Systems rose by 3.8% from June to July. However, the...
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