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A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
Creating a 50-year mortgage with the goal of making housing more affordable is the equivalent of sending shipments of dinnerware into a famine-stricken region. Continue Reading A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
Creating a 50-year mortgage with the goal of making housing more affordable is the equivalent of sending shipments of dinnerware into a famine-stricken region. Continue Reading A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
One year after putting his longtime home in New York's Shelter Island on the market, comedian Louis CK is listing it again at a significant discount. Realtor.com reports the home is now being offer for $4.3 million, which is less than half of the $9.25 million price...
NYC to End Lease with Last Major Hotel Housing Migrants
New York City will not renew its lease with the last major hotel operating as a migrant shelter. According to The New York Times, Mayor Eric Adams said the Row NYC in Times Square will cease housing migrants in April when the city’s lease with the establishment...
Delaware Association of Realtors Seeks Applicants for Minority Real Estate Scholarship
The Delaware Association of Realtors is now accepting applications for its 2025 Minority Real Estate Scholarship, a program designed to increase diversity among the state’s real estate professionals. Eligible applicants would include Latinos, African Americans, Asian...
NEWS & CURRENT EVENTS
HUD to Move HQ to Virginia, Displacing National Science Foundation
HUD Secretary Scott Turner has been highly critical of HUD’s longtime headquarters at the Robert C. Weaver Federal Building. Continue Reading HUD to Move HQ to Virginia, Displacing National Science Foundation
FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
No deadline was set, but Pulte asked that the directive “should be implemented as soon as reasonably practical.” Continue Reading FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
Al Sharpton Recruited to Encourage Low-Income Investors for Times Square Casino Project
“A New York casino belongs in Times Square, and it should be designed to benefit all New Yorkers,” said Sharpton. Continue Reading Al Sharpton Recruited to Encourage Low-Income Investors for Times Square Casino Project
Ouch! New Home Sales Down by 13.7%
The median sales price of new houses sold in May was $426,600, a 3.7% uptick from the April price of $411,400. Continue Reading Ouch! New Home Sales Down by 13.7%
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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.
Athena Real Estate Acquires First Pennsylvania Property
The 234-site RV park stretches encompasses 167 acres. Continue Reading Athena Real Estate Acquires First Pennsylvania Property
Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme
Sheldon Haag was sentenced to one year and one day in prison and two years of supervised release. Continue Reading Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme
Los Angeles Commercial Real Estate Agent Indicted on Tax Evasion
Gabriel Guerrero faces a maximum penalty of five years in prison for tax evasion and three years in prison for obstructing the IRS. Continue Reading Los Angeles Commercial Real Estate Agent Indicted on Tax Evasion
Capital Square Acquires Georgia Build-for-Rent Community
Valley Ridge was developed by D.R. Horton and completed in 2023. Continue Reading Capital Square Acquires Georgia Build-for-Rent Community
Thompson Thrift Announces First Idaho Community
The company expects to begin construction in October, with completion expected in winter 2026. Continue Reading Thompson Thrift Announces First Idaho Community
Ares Management Corporation to Acquire GCP International
Ares Management Corporation (NYSE: ARES) announced it will acquire the GCP International, the global business of GLP Capital Partners Limited, for approximately $1.8 billion in cash and approximately $1.9 billion in Ares Class A Common Shares. According to the...
Matterhorn Venture Partners Names Gary Nussbaum as a Principal
Nussbaum was a senior vice president with CBRE as an investment sales broker. Continue Reading Matterhorn Venture Partners Names Gary Nussbaum as a Principal
eXp Realty in $34 Million Settlement Over Commissions
The settlement is the latest among the major brokerages who were sued over their business practices related to commissions. Continue Reading eXp Realty in $34 Million Settlement Over Commissions
Hurricane Milton Reaches Category 5 Level Ahead of Florida Landfall
Milton comes less than two weeks after Hurricane Helene made landfall in Florida’s Big Bend region as a Category 4 hurricane. Continue Reading Hurricane Milton Reaches Category 5 Level Ahead of Florida Landfall
New Fund Seeks to Capture CMBS Opportunities
The fund will launch in January 2025. Continue Reading New Fund Seeks to Capture CMBS Opportunities
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