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Q1 Purchase Loan Origination at 12-Year Low

Q1 Purchase Loan Origination at 12-Year Low

by Phil Hall | May 28, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1.57 million mortgages secured by residential property (one to four units) were originated in the first quarter, according to new data from ATTOM. This marked a 13% decline from the previous quarter, but it was also a 5% year-over-year increase. The total...
Gov. DeSantis Offers Property Tax Relief Proposal Ahead of Special Legislative Session

Gov. DeSantis Offers Property Tax Relief Proposal Ahead of Special Legislative Session

by Phil Hall | May 28, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida Gov. Ron DeSantis has called for a special session of the state legislature during the week of June 1 to consider a constitutional amendment on residential property tax relief. In announcing the special session, DeSantis also presented his “Save Our Homes from...
New York State Passes Pied-à-Terre Tax Aimed at NYC’s Luxury Second Homes

New York State Passes Pied-à-Terre Tax Aimed at NYC’s Luxury Second Homes

by Phil Hall | May 28, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New York State legislature has approved Gov. Kathy Hochul’s proposal to enact a new tax on second homes in New York City valued at $5 million or more. The Wall Street Journal reports the so-called “pied-à-terre tax” is part of the state’s budget legislation and...
National Fair Housing Alliance Sues CFPB Over Changes to Equal Credit Opportunity Act Enforcement

National Fair Housing Alliance Sues CFPB Over Changes to Equal Credit Opportunity Act Enforcement

by Phil Hall | May 28, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The National Fair Housing Alliance (NFHA) has sued the Consumer Financial Protection Bureau (CFPB) to block a new rule that changed the agency’s enforcement policies relating to the Equal Credit Opportunity Act (ECOA) of 1974. The ECOA was designed to prohibit...
Fertitta Entertainment Acquires Caesars Entertainment for $17.6 Billion

Fertitta Entertainment Acquires Caesars Entertainment for $17.6 Billion

by Phil Hall | May 28, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Two of the world’s most prominent hospitality and gaming companies are being combined into a single entity as Fertitta Entertainment Inc. announced its acquisition of Caesars Entertainment Inc. (NASDAQ: CZR) in a $17.6 billion all-cash transaction that includes the...
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