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Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Texas Lt. Gov. Patrick at Odds with Gov. Abbott Over Property Tax Reform
Texas Lt. Gov. Dan Patrick has put forth a property tax proposal that is completely at odds with the proposal advocated by Gov. Greg Abbott. Texas Tribune reports Patrick has proposed the "Double Nickel" concept that lowers property taxes by raising the state's school...
Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
The mayor of Connecticut’s capital city is offering to sell city-owned land to affordable housing developers for $1.00. Fox61.com reports Hartford Mayor Arunan Arulampalam says the city has teamed with the state government on a new $4 million fund to help builders who...
Trump Insinuates Biden’s Federal Reserve Appointments Are Not Legitimate
President Trump has launched a new line of attack against the Federal Reserve by questioning the legitimacy of President Biden’s appointments to the central bank’s leadership. CNBC reports Trump insinuated that Biden’s Fed appointees were void because they were signed...
NEWS & CURRENT EVENTS
Execution Date Set for Killer of 2 Georgia Realtors
Stacey Ian Humphreys will be put to death by lethal injection on Dec. 17. Continue Reading Execution Date Set for Killer of 2 Georgia Realtors
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
“This should be the end of this case,” said Abbe Lowell, James’ attorney. Continue Reading Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. Continue Reading Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Redfin Debuts AI-Fueled Conversational Home Search Tool
The tool is now available on Redfin.com and mobile web, with support for the Redfin iOS app launching in December. Continue Reading Redfin Debuts AI-Fueled Conversational Home Search Tool
Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
Lenders repossessed 3,872 properties through completed foreclosures last month, up 32% from October 2024. Continue Reading Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
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
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