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Edmonton Duo Charged with Real Estate Investing Scam

Edmonton Duo Charged with Real Estate Investing Scam

by Phil Hall | Sep 8, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A pair of Edmonton residents have been charged with running a real estate investment scam that included mortgage fraud. According to the charges brought against them, Yuvraj Verma and Rohit Sethi used several corporations, including Cancom Development Ltd. and Roxdale...
Report: Bessent Curses and Threatens Pulte During DC Private Party

Report: Bessent Curses and Threatens Pulte During DC Private Party

by Phil Hall | Sep 8, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A rare internecine conflict between Trump administration officials erupted into an expletive-laced threats of violence by Treasury Secretary Scott Bessent against Federal Housing Finance Agency Director Bill Pulte during a private party in Washington, DC. According to...
Property Insurance Costs Grow 11.3%

Property Insurance Costs Grow 11.3%

by Phil Hall | Sep 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average annual property insurance payment for single-family mortgage holders has reached nearly $2,370 per year, according to new data from ICE Mortgage Technology. This sum accounts for 9.6% of average monthly mortgage-related expenses when factoring in...
Black Homeownership Rate Drops to 4-Year Low

Black Homeownership Rate Drops to 4-Year Low

by Phil Hall | Sep 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Black homeownership rate during the second quarter dropped to 43.9%, according to data from Redfin. This is down from 45.3% one year ago, marking both its lowest level since the fourth quarter of 2021 and the largest year-over-year decline since the third quarter...
Senate Democrats Debut Bill to Assist Faith-Based Groups in Creating Affordable Housing

Senate Democrats Debut Bill to Assist Faith-Based Groups in Creating Affordable Housing

by Phil Hall | Sep 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A trio of Democratic senators have introduced the Yes in God’s Back Yard (YIGBY) Act, new legislation designed to assist faith-based organizations and colleges to transform underused property into affordable housing. The YIGBY Act would provide federal assistance to...
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