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California Real Estate Broker Arrested for Fraudulently Selling $1.5 Million Home

California Real Estate Broker Arrested for Fraudulently Selling $1.5 Million Home

by Phil Hall | Feb 12, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A California real estate broker who owns an escrow business was arrested on a federal criminal complaint alleging they fraudulently sold a luxury home and obtained a nearly $1 million loan using stolen identities and false documents. According to the charges in this...
Ex-NFL Star Lists Historic Connecticut Farmhouse at $8 Million

Ex-NFL Star Lists Historic Connecticut Farmhouse at $8 Million

by Phil Hall | Feb 12, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Connecticut farmhouse property dating back to the Colonial Era has been listed at $8 million. Patch.com reports the Greenwich property is owned by former NFL star quarterback Chris Simms and his wife Danielle, who acquired it in 2019 for $2.5 million. The historic...
Mortgage Rates Take a Mild Drop

Mortgage Rates Take a Mild Drop

by Phil Hall | Feb 12, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

After rising slightly over the past three weeks, mortgage rates took a slight dip in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.09% as of Feb. 12, down from last week when it averaged...
Chicago Title Insurance Defrauded of $4.1 Million by Nigerian Trickster

Chicago Title Insurance Defrauded of $4.1 Million by Nigerian Trickster

by Phil Hall | Feb 12, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Chicago Title Insurance Company has filed a lawsuit this week in the US District Court for the Southern District of New York claiming that it was the victim of an email compromise scheme that resulted in $4.1 million being diverted from a real estate closing in...
Existing Home Sales Down 8.4% During January

Existing Home Sales Down 8.4% During January

by Phil Hall | Feb 12, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales began 2026 in decline, according to data from the National Association of Realtors (NAR). During January, existing home sales were down by 8.4% month-over-month to a seasonally adjusted annual rate of 3.91 million. On a year-over-year measurement,...
Refinancing Fueled Q4 2025 Home Lending Activity

Refinancing Fueled Q4 2025 Home Lending Activity

by Phil Hall | Feb 12, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1.72 million mortgages secured by residential property (one to four units) were issued in the fourth quarter of 2025, according to data from ATTOM. That marked a 6% decrease from the third quarter and was mostly the same as the volume in the fourth quarter...
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