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DC-Area Real Estate Agents Report DOGE Impacts on Home Selling

DC-Area Real Estate Agents Report DOGE Impacts on Home Selling

by Phil Hall | Jun 24, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Elon Musk is no longer in Washington, DC, but the job-slashing impact of his Department of Government Efficiency (DOGE) has a lingering impact on the local housing market. A new data report from Bright MLS found over half (54%) of DC-area agents reported federal...
The Best- and Worst-Run Cities of 2025 Are…

The Best- and Worst-Run Cities of 2025 Are…

by Phil Hall | Jun 24, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number crunchers at WalletHub have published their 2025 version of the Best- and Worst-Run Cities in America, focusing on 148 of the nation’s largest municipalities. The rankings for this study were determined with a “Quality of Services” score made up of 36...
Illinois Home Sales Down as Prices Continue to Rise

Illinois Home Sales Down as Prices Continue to Rise

by Phil Hall | Jun 24, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Illinois recorded 12,674 single-family home and condominium sales during May, a 4.7% decline from the 13,300 residences sold one month earlier. According to data from Illinois Realtors, the decline in sales occurred despite the 6% year-over-year growth in the...
Former NFL Player Sentenced in Real Estate Embezzlement Scheme

Former NFL Player Sentenced in Real Estate Embezzlement Scheme

by Phil Hall | Jun 24, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Real estate developer and former NFL football player Chris Harrison was sentenced to six years in federal prison and three years of supervised for his coordination of a scheme that embezzled funds intended for the development and construction of two real estate...
Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price

Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price

by Phil Hall | Jun 24, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly 6% of homes are at risk of being sold for less than their purchase price, according to a new data report from Redfin (NASDAQ: RDFN) based on active listings on the MLS during May. Last year at this time, the share was at 4.4%. Redfin noted this situation varied...
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