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FHLBank San Francisco Increases Voluntary Grant Funding

FHLBank San Francisco Increases Voluntary Grant Funding

by Phil Hall | Feb 18, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced it will allocate up to $45.7 million in voluntary grant funding for 2026, doubling its voluntary contribution rate from approximately 5% to 10% of prior-year net income. For the fourth...
Lowe’s Seeks Communities to Submit Projects for ‘Bucket List’ Renovations

Lowe’s Seeks Communities to Submit Projects for ‘Bucket List’ Renovations

by Phil Hall | Feb 18, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Lowe’s Companies Inc. (NYSE: LOW) is calling on communities across the US to nominate “bucket list” renovation projects that will improve nonprofit, municipal and community spaces. The home improvement retail company will award Lowe’s Community Impact...
Single-Family Housing Starts Up in December

Single-Family Housing Starts Up in December

by Phil Hall | Feb 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in December were at a rate of 981,000, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 4.1% above the revised November figure of 942,000. Privately-owned housing starts in December were...
NYC Mayor Mamdani Threatens 9.5% Property Tax Hike if State Rejects His Call for a New Wealth Tax

NYC Mayor Mamdani Threatens 9.5% Property Tax Hike if State Rejects His Call for a New Wealth Tax

by Phil Hall | Feb 18, 2026 | News/Current Events, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani is threatening to raise property taxes by 9.5% unless the state government agrees to his demand to raise taxes on the city’s wealthiest residents. Property taxes are the city’s largest revenue source, and the mayor does not require...
Drop in January Canadian Home Sales Blamed on Winter Weather

Drop in January Canadian Home Sales Blamed on Winter Weather

by Phil Hall | Feb 18, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Severe winter weather was blamed for a decline in home sales across Canada during January. According to data from the Canadian Real Estate Association (CREA), nationwide home sales were down 5.8% from December and down by 16.2% from January 2025. This occurred as the...
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