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Senate Democrats Offer Bill to Discourage Institutional Investors from Buying Single-Family Homes

Senate Democrats Offer Bill to Discourage Institutional Investors from Buying Single-Family Homes

by Phil Hall | Feb 24, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Ahead of tonight’s State of the Union address by President Trump, Senate Democrats put forth a proposal that rivals Trump’s call to restrict institutional investors and corporations from buying up single-family homes. Last month, Trump signed an executive order...
Nearly 14% of Home Sales Canceled During January

Nearly 14% of Home Sales Canceled During January

by Phil Hall | Feb 24, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly 40,000 home sale agreements in January, or 13.7% of homes that went under contract, were canceled. According to data from Redfin, that share is up from 13.1% one year before and marked the highest January share in records dating back to 2017. Redfin attributed...
Virginia Home Sales Up as Prices Remain Flat

Virginia Home Sales Up as Prices Remain Flat

by Phil Hall | Feb 24, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 5,881 homes were sold in Virginia during January, a 2.1% increase from the 5,758 transactions recorded one year earlier. According to the Virginia Association of Realtors (VAR), pending sales last month surged 14.4% to 6,723 deals, compared to the 5,879...
Tax Hikes Proposed to Finance Bears Football Stadium in Indiana

Tax Hikes Proposed to Finance Bears Football Stadium in Indiana

by Phil Hall | Feb 24, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

While Indiana lawmakers propose spending $1 billion to build a new domed stadium for the Chicago Bears in the city of Hammond, much of that money would come from a series of tax hikes planned for the area around the potential stadium site. NBC Chicago reports the...
Wyoming Game and Fish Department Seeks $400,000 Cut in Property Taxes

Wyoming Game and Fish Department Seeks $400,000 Cut in Property Taxes

by Phil Hall | Feb 24, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Wyoming Game and Fish Department, the state’s wildlife agency, is urging lawmakers to pass a new bill that would reduce its property taxes by over $400,000 annually. WyoFile reports the department paid $850,000 in property taxes last year, but it also facing...
Wood Partners Breaks Ground on 204-Unit Multifamily Community in Houston Suburb

Wood Partners Breaks Ground on 204-Unit Multifamily Community in Houston Suburb

by Phil Hall | Feb 24, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Multifamily developer Wood Partners has broken ground on Alta Timberline, a 204-unit luxury community in the Houston suburb of Tomball, Texas. Alta Timberline encompasses seven three-story buildings featuring a mix of one-, two- and three-bedroom layouts, plus...
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