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Virginia Home Sales Up Nearly 9%

Virginia Home Sales Up Nearly 9%

by Phil Hall | Apr 24, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 8,388 homes were sold in Virginia during March, an increase of 679 sales compared to last year, an 8.8% gain. This marks the third consecutive month of year‑over‑year growth. March sales also rose 27.5% from February, while year-to-date sales were up by...
MRED Takes Private Listing Network National with Boost by Compass

MRED Takes Private Listing Network National with Boost by Compass

by Phil Hall | Apr 24, 2026 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Midwest Real Estate Data (MRED) announced to nationwide expansion of its MLS service, including the Private Listing Network (PLN), to any licensed agent. MRED also announced that Compass International Holdings (NYSE: COMP) became the first brokerage to provide its...
Ex-Illinois Contractor Avoids Prison Term for Role in Fraud Scheme

Ex-Illinois Contractor Avoids Prison Term for Role in Fraud Scheme

by Phil Hall | Apr 24, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A former Illinois contractor avoided prison time when a judge sentenced him to three years of supervised release, 200 hours of community service and a $9,500 fine for his role in a bank fraud scheme involving straw buyers and overvalued properties. The Belleville...
DOJ Drops Investigation into Federal Reserve and Chairman Powell

DOJ Drops Investigation into Federal Reserve and Chairman Powell

by Phil Hall | Apr 24, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Department of Justice (DOJ) is dropping its efforts to investigate the Federal Reserve and its chairman, Jerome Powell, over cost overruns on the central bank’s headquarters. Sen. Thom Tillis (R-NC), a member of the Senate Banking Committee, vowed to block...
Mortgage Delinquencies Decline While Prepayment Activity Nears a 4-Year High

Mortgage Delinquencies Decline While Prepayment Activity Nears a 4-Year High

by Phil Hall | Apr 24, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national mortgage delinquency rate declined by 37 basis points (bps) in March to 3.35%, although it was 14 bps above last year’s level, according to data from Intercontinental Exchange Inc. (NYSE: ICE). Prepayment speeds (SMM) were up by 24 bps from February to...
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