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Real Estate Agent with Podcast Following Sentenced for Ponzi Scheme

Real Estate Agent with Podcast Following Sentenced for Ponzi Scheme

by Phil Hall | Jul 23, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

An Ohio real estate agent who gained an online following through his podcasts and social media messaging was sentenced to six years in federal prison for orchestrating a real estate Ponzi scheme that absorbed over $7.3 million from at least 63 victims nationwide....
New York State Housing Inventory Expands to Nearly a 3-Year High

New York State Housing Inventory Expands to Nearly a 3-Year High

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

New York State’s housing inventory reached 30,254 units in June, a 3.9% rise from the 29,110 homes that were available one year earlier. According to the New York State Association of Realtors, this marked the fourth consecutive month of inventory growth and the most...

Pilot Program to Enable Bitcoin Purchases of New Florida Construction Properties

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

The blockchain company ByteFederal has unveiled a pilot program in Florida that will enable the use of Bitcoin for property purchases, with settlements delivered in US dollars to sellers. Bitcoin Magazine reports the service is aimed at new construction properties and...
Existing Home Sales Down, Median Home Price at New High

Existing Home Sales Down, Median Home Price at New High

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

Existing home sales during June were down 2.7% from the previous month to a seasonally adjusted annual rate of 3.93 million, according to data from the National Association of Realtors (NAR). There was no change in sales on a year-over-year basis. On regional...
Mortgage Application Activity Inches Up Again

Mortgage Application Activity Inches Up Again

by Phil Hall | Jul 23, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity inched up for the week ending July 18, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.8% on a seasonally adjusted basis from...
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