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FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’

FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’

by Phil Hall | Aug 19, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Director Bill Pulte has unveiled a video advertisement that reinforces the goal of merging privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) into a new entity called the Great American Mortgage Corporation. On his...
California Home Sales and Prices Declined in July

California Home Sales and Prices Declined in July

by Phil Hall | Aug 19, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California recorded a total of 261,820 closed escrow sales of existing single-family detached homes in July, down 1% from the 264,400 homes sold in June and was down 4.1% from the 272,990 homes sold in July 2024. According to the California Association of Realtors...
Canadian Housing Starts Up by 4%

Canadian Housing Starts Up by 4%

by Phil Hall | Aug 19, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The total monthly seasonally adjusted annual rate of housing starts across Canada totaled 294,085 units in July, up 4% from June’s total of 283,523 units. According to data from Canada Mortgage and Housing Corporation (CMHC), the nation’s largest cities had mixed...
USDA to Cease Funding Solar and Wind Power Installations on Farmland

USDA to Cease Funding Solar and Wind Power Installations on Farmland

by Phil Hall | Aug 19, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The US Department of Agriculture (USDA) will no longer provide federal funding for the installation of solar panels and wind turbines on farmland. Solar and wind projects are no longer eligible for the Rural Development Business and Industry Guaranteed Loan Program....
Housing Starts Up in July

Housing Starts Up in July

by Phil Hall | Aug 19, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in July were at a rate of 939,000, according to data from the US Census Bureau. Last month’s level is 2.8% above the revised June figure of 913,000. Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1.42...
Plymouth Industrial REIT Receives Unsolicited Takeover Bid from Sixth Street Partners

Plymouth Industrial REIT Receives Unsolicited Takeover Bid from Sixth Street Partners

by Phil Hall | Aug 19, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Boston-based Plymouth Industrial REIT Inc. (NYSE: PLYM) announced that it received an unsolicited, non-binding proposal from the San Francisco-headquartered global investment firm Sixth Street Partners LLC to acquire all of the outstanding shares of the company’s...
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