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South Dakota Lawmakers Prepare to Address Property Tax Relief Measures

South Dakota Lawmakers Prepare to Address Property Tax Relief Measures

by Phil Hall | Dec 9, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

South Dakota is the latest state to tackle the question of rising property taxes, with a new conflict arising between its governor and legislators on how to achieve that goal. Property tax payments across the state increased by nearly 40% during the past four years....
Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park

Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park

by Phil Hall | Dec 9, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Provident Industrial, a division of Dallas-based Provident, has acquired 27 acres in Phoenix for the development of Aldea Exchange, a three-building Class A industrial park. According to the company Aldea Exchange will be located in the center of the 101 Corridor...
Avalon Risk Management Debuts Hurricane Insurance Product

Avalon Risk Management Debuts Hurricane Insurance Product

by Phil Hall | Dec 9, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Avalon Risk Management, a provider of commercial property insurance, is now offering a hurricane insurance product for multifamily and commercial property owners in most Tier 1 wind zones. The Scottsdale, Arizona-based company stated the new product can provide...
Homeowners Face 73% Spike in Mortgage Payments If They Move

Homeowners Face 73% Spike in Mortgage Payments If They Move

by Phil Hall | Dec 9, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical mortgage holder pays roughly $1,300 in principal and interest per month, according to a new data report from Realtor.com. However, to purchase a typical home in today’s market, these homeowners would need to make a monthly payment of nearly $2,236,...
Mortgage Credit Availability Increases for Fifth Straight Month

Mortgage Credit Availability Increases for Fifth Straight Month

by Phil Hall | Dec 9, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability was on the rise during November, according to the Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). The MCAI rose by 0.7% to 107.5 in November; the index was benchmarked to 100 in March 2012. The...
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