FHLBank Topeka Awards $5 Million in Native American Housing Grants

by Phil Hall | Nov 4, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of Topeka (FHLBank Topeka) is awarding $5 million through the third annual iteration of its Native American Housing Initiatives (NAHI) Grants Program. This year’s NAHI grants are being presented to 16 tribes and tribally designated housing...

Knock Rolls Out New Bridge Loan Plus

by Phil Hall | Nov 4, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Atlanta-based fintech Knock has unveiled Knock Bridge Loan Plus, a new product designed to pay off a homeowner’s existing mortgage upfront. According to the company, the product can pay off the homeowner’s current mortgage and release the equity locked up in their...

Share of First-Time Homebuyers at Record Low

by Phil Hall | Nov 4, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The percentage of first-time home buyers has reached a record low while the typical age of first-time buyers hit a 40-year high, according to the 2025 Profile of Home Buyers and Sellers report published by the National Association of Realtors (NAR). For the...

HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government

by Phil Hall | Nov 4, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Housing and Urban Development Secretary Scott Turner called on Senate Democrats to put “principle over politics” and vote to reopen the federal government. In a posting on X, Turner wrote, “Our colleagues on the Left have forgotten why they were sent to Washington,...

Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community

by Phil Hall | Nov 4, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Advanced Real Estate has acquired The Cove at West Covina, a 138-unit Southern California apartment community, for $41 million. Formerly known as Langdon Park, the gated property offers a mix of units ranging from studio to three-bedroom configurations. The...