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Connecticut Governor Vetoes Affordable Housing Bill

Connecticut Governor Vetoes Affordable Housing Bill

by Phil Hall | Jun 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Connecticut Gov. Ned Lamont vetoed a contentious housing bill that would have imposed affordable housing target numbers on the state’s localities. According to combined media outlets, HB 5002 would have required localities to meet a baseline for the number of housing...
Compass Sues Zillow Over ‘Anticompetitive’ Ban on Private Listings

Compass Sues Zillow Over ‘Anticompetitive’ Ban on Private Listings

by Phil Hall | Jun 23, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Compass Inc. (NYSE: COMP) has filed a lawsuit against Zillow Group (NASDAQ: Z, ZG), accusing the company of trying to maintain a monopoly on digital home listings. The lawsuit is the latest chapter in the feud between the real estate giants over private listings –...
Existing Home Sales Up in May

Existing Home Sales Up in May

by Phil Hall | Jun 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There is good news in the housing market – existing home sales were up in May by 0.8% month-over-month to a seasonally adjusted annual rate of 4.03 million, according to the National Association of Realtors (NAR). However, last month also saw a 0.7% year-over-year...
Pennsylvania Governor Declines to Rule Out Using Public Funds for New NFL Stadiums

Pennsylvania Governor Declines to Rule Out Using Public Funds for New NFL Stadiums

by Phil Hall | Jun 23, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Pennsylvania Gov. Josh Shapiro refused to directly answer whether he would approve or reject public funding for the state’s NFL teams. The Associated Press reports Shapiro – who was cited as a potential running mate for Kamala Harris in last year’s election – faces...
Arrest Made in Hit-and-Run Death of ‘Million Dollar Beach House’ Agent Sara Burack

Arrest Made in Hit-and-Run Death of ‘Million Dollar Beach House’ Agent Sara Burack

by Phil Hall | Jun 23, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A Virginia woman was arrested in the fatal hit-and-run death of Sara Burack, the luxury real estate agent who became famous from her appearance on the Netflix series “Million Dollar Beach House.” The New York Post reports Amanda Kempton pleaded not guilty and was...
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