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Private Connecticut Island Sells at a Discount

Private Connecticut Island Sells at a Discount

by Phil Hall | Nov 18, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A private Connecticut island owned by the same family for more than a century has sold for $26.5 million, down from its original listing price of $35 million. Mansion Global reports the 18-acre Hay’s Island includes an 8,684-square-foot, six-bedroom mansion built in...
Builder Confidence Remains Flat

Builder Confidence Remains Flat

by Phil Hall | Nov 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes rose one point to 38 in November, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any number over 50 indicates that more builders view conditions...
Senate Democrats Seek GAO Probe of Pulte’s Handling of Mortgage Fraud Referrals

Senate Democrats Seek GAO Probe of Pulte’s Handling of Mortgage Fraud Referrals

by Phil Hall | Nov 18, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A group of Senate Democrats asked the Government Accountability Office (GAO) to open an investigation into Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), to determine whether he misused his authority in making multiple criminal referrals of...
Minnesota Property Taxes Could Rise by $1 Billion in 2026

Minnesota Property Taxes Could Rise by $1 Billion in 2026

by Phil Hall | Nov 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Minnesota could experience a $1 billion increase in property taxes next year, with statewide levies reaching up to $14.6 billion, an increase of 6.9% from 2025. Final property taxes will be determined by the end of the year, and it would be the highest increase of...
Report: Chicago Property Taxes See Largest Hike in 30 Years

Report: Chicago Property Taxes See Largest Hike in 30 Years

by Phil Hall | Nov 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new study released by the Cook County Treasurer’s Office has determined Chicago homeowners are facing the largest property tax jump in three decades. WLS reports the city’s predominantly Black and Hispanic communities will be hit the hardest with the property tax...
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