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Proposed Texas Development Accused of Seeking Muslim-Only Community Under Sharia Law

Proposed Texas Development Accused of Seeking Muslim-Only Community Under Sharia Law

by Phil Hall | Mar 28, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A proposed mixed-use real estate development project 40 miles northeast of Dallas has drawn scrutiny from Texas’ Gov. Greg Abbott and Attorney General Ken Paxton amid accusations to it would become a Muslim-only community operating under Sharia law. According to...
Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026

Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026

by Phil Hall | Mar 28, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new forecast by Fannie Mae’s (OTCQB: FNMA) Economic and Strategic Research Group is predicting mortgage rates to end 2025 and 2026 at 6.3% and 6.2%, respectively, downward revisions of three-tenths for each. The revised forecast was mirrored by a mild upward...
NAR to Layoff 61 Employees as Part of Organizational Overhaul

NAR to Layoff 61 Employees as Part of Organizational Overhaul

by Phil Hall | Mar 28, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) announced the elimination of 61 positions in an overhaul by the association as being part of a “a months-long strategy to reduce costs, streamline operations, and reposition itself to offer robust solutions and support for...
Former Morgan Stanley Financial Advisor Sentenced for Fraud Scheme

Former Morgan Stanley Financial Advisor Sentenced for Fraud Scheme

by Phil Hall | Mar 28, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A former Morgan Stanley financial advisor in El Paso, Texas, was sentenced 12 years in prison for committing a multi-million-dollar fraud scheme. According to court documents, Jesus Rodriguez de la Cruz defrauded his employer and clients between May 2018 to August...
Caliber Launches 1031 Exchange Program

Caliber Launches 1031 Exchange Program

by Phil Hall | Mar 28, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Caliber (NASDAQ: CWD), the Scottsdale, Arizona-based real estate investor, developer, and manager, has launched the Caliber 1031 Exchange for accredited investors seeking access to real estate investment opportunities. Caliber specializes in acquiring and managing...
Chicago Mayor Johnson Debuts ‘Build Better Together’ Initiative

Chicago Mayor Johnson Debuts ‘Build Better Together’ Initiative

by Phil Hall | Mar 28, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Chicago Mayor Brandon Johnson have unveiled “Build Better Together,” an economic development strategy encompassing public-private partnerships and cross-collaborations between city agencies. Johnson introduced the initiative focusing on affordable housing development,...
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