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Trump Says He Has No Plans to Remove Powell as Fed Chairman

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Jerome Powell can relax – President-elect Donald Trump stated he would not try to replace him before his terms as Federal Reserve chairman ends in May 2026. In an interview broadcast on NBC’s “Meet the Press,” moderator Kristen Welker pressed Trump on retaining...
Hits and Misses for the Real Estate Week of Dec. 2-5

Hits and Misses for the Real Estate Week of Dec. 2-5

by Phil Hall | Dec 6, 2024 | Hits and Misses, International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new achievement in luxury real estate, an executive preparing the next generation of professionals, and the perils of renting to Hunter Biden. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 2-5. Hit: A New Home for...
New Forecast Predicts 3.7% Home Sale Price Growth in 2025

New Forecast Predicts 3.7% Home Sale Price Growth in 2025

by Phil Hall | Dec 4, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The coming year will see home sale prices will grow by 3.7% while mortgage rates will stay above 6% and rents will remain virtually unchanged, according to a new forecast from Realtor.com. Realtor.com’s forecast is also pointing to an 11.7% increase in existing home...
Report: CFPB Pushing Ahead on Rulemaking Before Trump’s Return

Report: CFPB Pushing Ahead on Rulemaking Before Trump’s Return

by Phil Hall | Dec 2, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) is reportedly rushing to complete new rulemaking ahead of the transition to Donald Trump’s second presidential administration. According to a Reuters report sourced from three unnamed “people familiar with the...
Trump Nominates Real Estate Developer Charles Kushner as Next Ambassador to France

Trump Nominates Real Estate Developer Charles Kushner as Next Ambassador to France

by Phil Hall | Dec 2, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

President-elect Donald Trump announced his decision to nominate New Jersey-based real estate developer Charles Kushner to become the next U.S. ambassador to France. Kushner is the founder of Kushner Companies and is the father of Jared Kushner, Trump’s son-in-law. He...
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