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Report: Hawaii Offers Lowest Real Estate Tax Rate, New Jersey Burdened with the Highest Rate

Report: Hawaii Offers Lowest Real Estate Tax Rate, New Jersey Burdened with the Highest Rate

by Phil Hall | Feb 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Hawaii leads the nation with the lowest real estate tax rate while New Jersey is weighed down with the highest rate, according to a new data report by WalletHub. In an analysis of the 50 states and the District of Columbia, WalletHub found Hawaii has an effective real...
Report: Fewer Homebuyers Making All-Cash Purchases, Using FHA Loans

Report: Fewer Homebuyers Making All-Cash Purchases, Using FHA Loans

by Phil Hall | Feb 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Less than three in 10 homebuyers (29%) bought a home in an all-cash transaction in December, according to a data report from Redfin. This is down from 30.3% a year earlier and the lowest December share since 2020. The peak for all-cash homebuying was nearly 35% in...
Chinese Company Forced to Divest Land Near Utah Military Bases

Chinese Company Forced to Divest Land Near Utah Military Bases

by Phil Hall | Feb 16, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Chinese company with ties to the Chinese Communist Party was forced to sell land it owned near two military installations in Utah. The Epoch Times reports Mitime Utah Investment LLC received a letter from the state last November ordering it divest the property, a...
Canadian Housing Starts Down by 15%

Canadian Housing Starts Down by 15%

by Phil Hall | Feb 16, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The seasonally adjusted annualized rate of Canadian housing starts declined by 15% in January to 238,049 units from a revised figure 280,668 units in December, according to data from the Canada Mortgage and Housing Corporation (CMHC). Actual housing starts were up 1%...
NYC Mayor Mamdani Bans Public Housing Tenants from Speaking at ‘Rental Ripoff’ Hearing

NYC Mayor Mamdani Bans Public Housing Tenants from Speaking at ‘Rental Ripoff’ Hearing

by Phil Hall | Feb 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani’s first “rental ripoff” hearing scheduled for Feb. 26 will not permit tenants in the city’s public housing projects to detail their complaints about the quality of their housing. The New York Post reports that only renters and...
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