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Virginia Home Sales Surged in April

Virginia Home Sales Surged in April

by Phil Hall | May 22, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 9,758 homes were sold in Virginia during April, an uptick of 424 transactions (a 4.5% increase) from one year earlier. According to data from the Virginia Association of Realtors (VAR), year-to-date closed sales are up 5.8% while sold dollar volume is at...
Radian Group CEO Rick Thornberry Announces Retirement

Radian Group CEO Rick Thornberry Announces Retirement

by Phil Hall | May 22, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Radian Group Inc. (NYSE: RDN), the Wayne, Pennsylvania-based mortgage insurance provider, announced that CEO Rick Thornberry will retire in December following nearly a decade of corporate leadership. “Rick’s impact on Radian over the last nine years cannot be...
Michigan House Passes Bill Package to Slash Property Taxes

Michigan House Passes Bill Package to Slash Property Taxes

by Phil Hall | May 22, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Republican-controlled Michigan House of Representatives has passed an eight-bill package includes measures to cut property taxes. CBS News reports the bill package is designed to end Michigan’s 6-mill tax, the 0.75% real estate transfer tax, and the pop-up tax...
Senate Adjourns for Recess, Leaving Fate of Housing Bill on Hold

Senate Adjourns for Recess, Leaving Fate of Housing Bill on Hold

by Phil Hall | May 22, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The fate of the 21st Century ROAD to Housing Act has been put on hold as the US Senate adjourned yesterday for a 10-day recess. The bill was initially passed by the Senate and then sent to the House of Representatives, which earlier this week approved the legislation...
Chicago Bears: ‘There is Not a Viable Site in the City’ for New Stadium

Chicago Bears: ‘There is Not a Viable Site in the City’ for New Stadium

by Phil Hall | May 22, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Chicago Bears are refuting press reports that the team is reconsidering its decision to leave its hometown. In recent days, news stories were published that Chicago Mayor Brandon Johnson has been making a renewed push not to lose the team. WGN reported attorneys...
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