Bisnow.com, Feb. 3, 2025-Emily WishingradThe Trump administration has canceled 22 leases equating to $44.6 million in cost savings for the federal government, the Elon Musk-led Department of Government Efficiency posted …
Category: Top National News
Amazon, King of Online Retail, Can’t Seem to Make Its Physical Stores Work
Wall Street Journal, Feb. 4, 2025-Kate KingThe e-commerce giant is closing more of its convenience stores; ‘I don’t think they really understand retail,’ a consultant said.Click here for more (subscription)
Bessent Takes Helm of Consumer Finance Watchdog, Orders Halt to Work
The Wall Street Journal, Feb. 3, 2025-Dylan Tokar and Ben EisenTreasury Secretary Scott Bessent is ordering a freeze to work at the Consumer Financial Protection Bureau, after being named its …
Climate Change Could Erase $1.4 Trillion in Real Estate Value: Report
Axios, Feb. 3, 2025-Andrew FreedmanA novel new report combining several strands of research finds that human-driven climate change could result in $1.47 trillion in net property value losses from rising …
These States Gained (or Lost) the Most Homeowners Since 2019
National Mortgage News, Feb. 3, 2025-NMN StaffA study from New Jersey Real Estate Network revealed that some states are seeing large increases in homeownership rates, while others are seeing decreases. …
Wildfire Zones Contain $11B Worth of Mortgaged Properties
National Mortgage News, February 3, 2025-Brad FinkelsteinHomeowners in the neighborhoods exposed to the Los Angeles-area wildfires are already showing signs of financial stress, daily mortgage data tracked by ICE Mortgage …
Sluggish Sales Mark Slowest Housing Market in Five Years
MPA, Jan. 31, 2025-Jonalyn CuetoThe U.S. housing market is experiencing its slowest pace in five years, with homes taking nearly two months to sell, according to a new report from …
Investors Weigh Pros and Cons of Backing Senior Housing
Forbes, Jan. 31, 2025-Jeffrey SteeleIf it seems you’re noticing more senior housing communities these days, you’ve got a good eye for development. Retirement communities, along with the older Americans primed …
Listen: How Do Insurance Companies Determine the Value of Homes Destroyed by Wildfires?
NPR, Jan. 31, 2025-Nick FountainBefore people who lost their homes in the Los Angeles wildfires can rebuild, they need money. But how does an insurance company figure what a house …
FHLBank of San Francisco’s Alanna McCargo Stepping Down
National Mortgage News, Jan. 31, 2025-Bonnie SinnockThe Federal Home Loan Bank of San Francisco announced that President and CEO Alanna McCargo will leave that position.The Federal Home Loan Bank called …