Treasury Secretary Bessent Blames Fed for ‘Housing Recession’

by Phil Hall | Nov 3, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Treasury Secretary Scott Bessent has claimed the housing market was in a recession and the full national economy could potentially slide into a recession due to Federal Reserve policies. In a Sunday interview on CNN’s “State of the Union,” Bessent remarked, “I...

Lowe’s, Home Depot Announce Donations to Jamaican Hurricane Recovery Efforts

by Phil Hall | Nov 3, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The nation’s two leading home improvement and hardware retailers have announced donations to support recovery and rebuilding efforts in Jamaica after the Category 5 Hurricane Melissa devastated the Caribbean island. Lowe’s Companies Inc. (NYSE: LOW) is...

Bilt Adds Venmo for Housing Payment Options

by Phil Hall | Nov 3, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The payment app Venmo is partnering with the housing and neighborhood commerce platform Bilt that will help consumers with their housing payments. According to the companies, Bilt will add Venmo to its existing payment options of ACH, debit, and any linked credit...

South Korea Creates Task Force to Address Real Estate Fraud

by Phil Hall | Nov 3, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The South Korean government has launched a task force focused on combating real estate fraud. The Chosun Daily reports the Office for Government Policy Coordination announced the “Real Estate Supervision Task Force” in the wake of disruptive activities in...

Hits and Misses for the Real Estate Week of Oct. 27-31

by Phil Hall | Oct 31, 2025 | Commercial Real Estate News, Current News & Events, Hits and Misses, International Real Estate News, Real Estate News, U.S. Housing Market, WRE News Exclusive

Government officials being forced out of their homes by threats of violence, Zohran Mamdani’s silence on contentious housing proposals, and a soccer stadium where you’d least expect it. From the wild and wooly world of real estate, here are our Hits and Misses...