Seattle Suburb to Spend More Money to Buy Property for New Stadium

by Phil Hall | Jul 30, 2026 | Commercial Real Estate News, Current News & Events, WRE News Exclusive

The City Council of Everett, Washington, has approved another $1.9 million loan from the city’s general fund for the acquisition of property that will be used for the construction of a new 5,000-seat stadium. Heraldnet.com reports the city – which is 25 miles north of...

Federal Reserve Holds Rates Steady

by Phil Hall | Jul 29, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The Federal Reserve opted to hold the federal funds rate in the range of 3.5% to 3.75%. The central bank’s Federal Open Market Committee voted 9-3 on this decision. The trio of dissenters were regional Fed presidents – Cleveland’s Beth M. Hammack, Minneapolis’ Neel...

Report: FHFA’s Pulte Unwilling to Step Down as Interim Intelligence Chief

by Phil Hall | Jul 29, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

In concept, Bill Pulte’s time as acting director of national intelligence should be coming to an end following last night’s US Senate confirmation of Jay Clayton to fill the vacant directorship. However, Pulte – who also serves as director of the Federal Housing...

$100 Billion Data Center Campus Announced for Kentucky

by Phil Hall | Jul 29, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Brookfield Asset Management (NYSE: BAM) is leading a coalition of energy, infrastructure and utility companies in announcing plans to develop a data center campus at the US Department of Energy’s (DOE) Paducah Site in Western Kentucky. The $100 billion privately...

Fewer Foreign Buyers Acquiring US Existing Homes

by Phil Hall | Jul 29, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Foreign buyers seem to be losing interest in buying American existing homes, according to data compiled by the National Association of Realtors (NAR). From April 2025 to March 2026, foreign buyers purchased $45.3 billion in US existing homes. This marked a 19.1%...