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Utah City Approves 34% Property Tax Hike

Utah City Approves 34% Property Tax Hike

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

At a time when most states and municipalities are moving to lower property taxes, a city in southern Utah is going in the opposite direction with a substantial property tax hike. The Salt Lake Tribune reports the City Council in Ivins, Utah, voted 4-1 to raise...
Mortgage Applications for New Home Purchases Surged in July

Mortgage Applications for New Home Purchases Surged in July

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

Mortgage applications for new home purchases in July were up by 7% from the previous month and were also up 6.8% year-over-year, according to data from the Mortgage Bankers Association (MBA). The trade group estimated new single-family home sales were at a seasonally...
Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity

Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity

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

The Cleveland Browns’ effort to build a new domed stadium hit a major roadblock as the Ohio Department of Transportation (ODOT) rejected the team’s application, stating the proposed $3.6 billion facility would be an “obstruction” to the neighboring Cleveland Hopkins...
Turkish Government Begins Crackdown on Fake Real Estate Listings

Turkish Government Begins Crackdown on Fake Real Estate Listings

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

The Turkish government has launched a crackdown on fraudulent real estate advertising, with an initial haul of $3.36 million in fines against 1,158 real estate businesses. Turkiye Today reports the government has begun using an electronic listing verification system...
Hits and Misses for the Real Estate Week of Aug. 11-15

Hits and Misses for the Real Estate Week of Aug. 11-15

by Phil Hall | Aug 15, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, WRE News Exclusive

The Treasury Secretary makes and rescinds demands, Playboy moves its headquarters out of Los Angeles, and New York City’s worst hotel closes. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 11-15. Miss: Foot in Mouth...
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