WRE News

3 days ago | wrenews.com | Phil Hall

Share this article! The Department of Housing and Urban Development (HUD) has announced the relocation of its headquarters out of Washington, DC, to Alexandria, Virginia, into the headquarters of the National Science Foundation (NSF), which has not been assigned a new location. HUD Secretary Scott Turner has been highly critical of HUD’s longtime headquarters at the Robert C.

3 days ago | wrenews.com | Phil Hall

Share this article! A Phil Hall Op-Ed: In case you haven’t heard, voters in yesterday’s Democratic Party primary in New York City have overwhelmingly selected a self-described Democratic Socialist to become their next mayor. With roughly 90% of the ballots being counted, Zohran Mamdani won 43% of the vote to former New York Gov. Andrew Cuomo’s 36%.

3 days ago | wrenews.com | Phil Hall

Share this article! Federal Housing Finance Agency (FHFA) Director Bill Pulte has opened the door to enable the use of cryptocurrency in the mortgage market.

3 days ago | wrenews.com | Phil Hall

Share this article! Sales of new single-family houses in May were at a seasonally adjusted annual rate of 623,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This marked a 13.7% slide from the April rate of 722,000 and is 6.3% below the May 2024 rate of 665,000; it is also the slowest sales pace since last October.

3 days ago | wrenews.com | Phil Hall

Share this article! The 10 most expensive home sales during May were based entirely in Southern California, Florida and Manhattan, according to a new report from Redfin (NASDAQ: RDFN), with four of the homes selling for $55 million or more and all selling for more than $30 million. Last month’s most expensive home sales were:630 Nimes Rd., Los Angeles 90077: Sold for $110 million391 N. Carolwood Dr., Los Angeles 90077: Sold for $57.3 million1140 S.