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New Jersey’s $10,570 Average Property Tax Bill Hits Record High

New Jersey’s $10,570 Average Property Tax Bill Hits Record High

by Phil Hall | Feb 11, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New Jersey’s statewide average property tax bill for 2025 was $10,570, a new record high. According to coverage from NJ1015.com, last year’s average bill was roughly $500 above the 2024 level, the previous record high and the first time the bill was a five-digit...
Homeowner Affordability Improves Slightly in California

Homeowner Affordability Improves Slightly in California

by Phil Hall | Feb 11, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from the California Association of Realtors (CAR) has determined 18% of the state’s homebuyers could afford to purchase a median-priced, existing single-family home during fourth quarter of 2025, up from 17% in the third quarter and up from 16% in the...
Mortgage Application Activity Remains Flat as Credit Availability Increases

Mortgage Application Activity Remains Flat as Credit Availability Increases

by Phil Hall | Feb 11, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed for the week ending Feb. 6, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.3% on a seasonally adjusted basis from one...
The Iowa Bears? Hawkeye State Eyes Chicago Team

The Iowa Bears? Hawkeye State Eyes Chicago Team

by Phil Hall | Feb 11, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Another state has taken an interest in moving the Chicago Bears out of Illinois. KTIV reports State Sen. Kerry Gruenhagen, a Republican member of the Iowa legislature, has introduced a proposal to attract the Bears by funding a new stadium for the NFL team. The Bears...
QXO Acquires Kodiak Building Partners for $2.25 Billion

QXO Acquires Kodiak Building Partners for $2.25 Billion

by Phil Hall | Feb 11, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The building products distributor QXO Inc. (NYSE: QXO) announced it is acquiring Kodiak Building Partners from Court Square Capital Partners for approximately $2.25 billion. According to the Greenwich, Connecticut-headquartered QXO, the purchase price comprises $2...
Connecticut Developer-Builder Suddenly Dies Shortly Before Facing Fraud Trial

Connecticut Developer-Builder Suddenly Dies Shortly Before Facing Fraud Trial

by Phil Hall | Feb 11, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A Connecticut developer and builder who was facing multiple criminal charges abruptly passed away before he was set to go to trial. William Ferrigno dies of a heart attack on Feb. 6 at the age of 73. Ferrigno operated Sunlight Construction and was a past president of...
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