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Trump and Jamie Dimon Cancel Each Other Over Cabinet Post

Trump and Jamie Dimon Cancel Each Other Over Cabinet Post

by Phil Hall | Nov 15, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

President-elect Donald Trump announced that JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon would not be part of his new administration, but Dimon also announced that he had no plans to trade in his job to have a “boss” directing him. Trump took to Truth Social to kibosh a...
The Election is Over: Now, Together, We Must Fix the Housing Industry

The Election is Over: Now, Together, We Must Fix the Housing Industry

by John G. Stevens | Nov 14, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

As the dust settles from another intense election cycle, the questions linger: what happens next? Where do we go from here? For those of us in the housing industry, the answer is clear. Now, more than ever, we must come together to address the ongoing challenges in...
United Real Estate Expands New Orleans Presence with Brokerage Merger

United Real Estate Expands New Orleans Presence with Brokerage Merger

by Phil Hall | Nov 14, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

United Real Estate is expanding its presence in New Orleans metro area with the merger of its Metairie, Louisiana-based United Real Estate | Partners with Real Estate Resource Group in Covington, Louisiana. This is the second merger between United and a New...
New Proposal Envisions $1 Billion Redevelopment of Astrodome

New Proposal Envisions $1 Billion Redevelopment of Astrodome

by Phil Hall | Nov 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Houston’s Astrodome, the world’s first domed sports stadium which has been closed since 2009, is the subject of proposed $1 billion redevelopment project. According to combined media reports, the nonprofit Astrodome Conservancy which seeks to preserve the historic...
Mortgage Rates Hold Steady After Climbing for 6 Weeks

Mortgage Rates Hold Steady After Climbing for 6 Weeks

by Phil Hall | Nov 14, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Mortgage rates held steady in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.78% as of Nov. 14, down from last week when it averaged 6.79%. A year ago at this time, it averaged 7.44%. The...
Rhode Island Broker Sued Over ‘Foreclosure Rescue’ Scam

Rhode Island Broker Sued Over ‘Foreclosure Rescue’ Scam

by Phil Hall | Nov 14, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Rhode Island Attorney General Peter F. Neronha has filed a lawsuit against local real estate broker for allegedly violating the state’s Unfair and Deceptive Trade Practices Act. Neronha has accused Kyle Seyboth, founder of the Century 21-affiliated brokerage The...
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