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Fed Cuts Rates by Quarter Point
The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting. Continue Reading Fed Cuts Rates by Quarter Point
Fed Cuts Rates by Quarter Point
The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting. Continue Reading Fed Cuts Rates by Quarter Point
Mortgage Rates Drop for Second Straight Week
Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.19% as of Dec. 4, down from last week when it averaged 6.23%. A year ago at this time, it...
US Institute of Peace HQ in Washington Renamed for Trump
In what might be a first in US history, an incumbent president has a building in the nation’s capital named after him. The Washington Post reports the headquarters of the US Institute of Peace (USIP) has the name “Donald J. Trump” attached to its façade. An unnamed...
Trump Pardons Ex-CEO of Oak View Group Indicted by His Justice Department
Tim Leiweke, who stepped down as CEO of Oak View Group, a Denver-headquartered professional sports and commercial real estate company, following a federal indictment earlier this year that accused him of rigging a bid to build and manage the Moody Center Arena at the...
NEWS & CURRENT EVENTS
Report: Trump to Profit from Proposed NYC Casino
The Gaming Commission estimated the new casinos could generate $7 billion in gambling revenues for the state from 2027 to 2036. Continue Reading Report: Trump to Profit from Proposed NYC Casino
New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
West purchased the property in 2021 for $57 million but left it unfinished after a highly publicized but ill-fated renovation project. Continue Reading New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
More Than Two-Thirds of EU Households are Homeowners
Germany was the only EU country where tenants (53% of the population) were in greater numbers than homeowners. Continue Reading More Than Two-Thirds of EU Households are Homeowners
CMBS Delinquency Rate Down for November
November marked only fourth time this year that the overall CMBS delinquency rate decreased. Continue Reading CMBS Delinquency Rate Down for November
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Wolf Valley Homes Launches Program to Encourage Homeownership for Veterans
“Many of our nation’s heroes struggle to find housing options that fit both their needs and budgets,” said Waldon Fenster, a representative of Wolf Valley Homes. Continue Reading Wolf Valley Homes Launches Program to Encourage Homeownership for Veterans
Weichert Expand Global Presence to Aruba
The partnership comes just months after the Weichert brand’s international debut in Portugal. Continue Reading Weichert Expand Global Presence to Aruba
New Jersey Lawmaker Seeks Statewide Property Title Fraud Alerts
“Our biggest investment, for most of us in life, is our home,” said State Sen. Robert Singer. Continue Reading New Jersey Lawmaker Seeks Statewide Property Title Fraud Alerts
Missouri Governor Proposes Adding Retractable Roof to Chiefs’ Stadium
The team’s lease at its current home expires in 2031. Continue Reading Missouri Governor Proposes Adding Retractable Roof to Chiefs’ Stadium
RentRedi Debuts Late Rent Report, Alerting Landlords to Tardy Tenants
Late Rent Report was inspired by landlords who asked for better visibility into rent payments. Continue Reading RentRedi Debuts Late Rent Report, Alerting Landlords to Tardy Tenants
Preservation of Affordable Housing to Start First Development in Maine
The Maine State Housing Authority is providing 4% Low Income Housing Tax Credits, along with low-cost construction and permanent loans. Continue Reading Preservation of Affordable Housing to Start First Development in Maine
The Agency Opens First Office in the Florida Keys
This marks the brokerage’s seventh office in Florida. Continue Reading The Agency Opens First Office in the Florida Keys
Chris Reyes Named Chief Technology Officer at Douglas Elliman Realty
Reyes joins Douglas Elliman from Brown Harris Stevens, where he served as CTO. Continue Reading Chris Reyes Named Chief Technology Officer at Douglas Elliman Realty
Atlanta Fed Chief Bostic to Retire in February
Bostic is the 15th person to lead the Atlanta Fed and is the first Black and openly gay president of a regional Federal Reserve Bank. Continue Reading Atlanta Fed Chief Bostic to Retire in February
New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
The legislation will backdate reauthorization of the program to Sept. 30, 2025, while extending the program’s authorization until Dec. 31, 2026. Continue Reading New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
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