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Illinois Lawmakers Make New Push to Keep the Chicago Bears from Leaving the State

Illinois Lawmakers Make New Push to Keep the Chicago Bears from Leaving the State

by Phil Hall | Feb 17, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The melodrama surrounding the potential new stadium for the Chicago Bears took a new turn as Illinois lawmakers put forth a new bill designed to keep the team in their state. WLS reports a hearing is set for Thursday in the Illinois House Revenue and Finance Committee...
Report: Rental Housing Market Now Considered ‘Renter-Friendly’

Report: Rental Housing Market Now Considered ‘Renter-Friendly’

by Phil Hall | Feb 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average rental vacancy rate across the nation’s 50 largest metros climbed to 7.6% in 2025, up from 7.2% in 2024, according to a new data report from Realtor.com. As a result, 44 out of the 50 largest metros can now be considered as “either renter-friendly”...
Delaware Homebuyer Loses $2.2 Million in Real Estate Closing Scam

Delaware Homebuyer Loses $2.2 Million in Real Estate Closing Scam

by Phil Hall | Feb 17, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A Delaware homebuyer has filed a lawsuit in federal court after losing $2.2 million in a real estate closing scam. WBOC reports Johanna Berkowitz was buying a luxury property in Dewey Beach, Delaware, with a closing scheduled for Nov. 21, 2025. Two days before the...
Kentucky Considers Freeze on Property Tax Increases for Seniors

Kentucky Considers Freeze on Property Tax Increases for Seniors

by Phil Hall | Feb 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kentucky legislators are considering a proposed constitutional amendment that would freeze property tax increases for homeowners 65 and older. WDRB reports Senate Bill 51 does not exempt seniors from property taxes but would lock the taxable value of the property from...
Report: Hawaii Offers Lowest Real Estate Tax Rate, New Jersey Burdened with the Highest Rate

Report: Hawaii Offers Lowest Real Estate Tax Rate, New Jersey Burdened with the Highest Rate

by Phil Hall | Feb 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Hawaii leads the nation with the lowest real estate tax rate while New Jersey is weighed down with the highest rate, according to a new data report by WalletHub. In an analysis of the 50 states and the District of Columbia, WalletHub found Hawaii has an effective real...
Report: Fewer Homebuyers Making All-Cash Purchases, Using FHA Loans

Report: Fewer Homebuyers Making All-Cash Purchases, Using FHA Loans

by Phil Hall | Feb 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Less than three in 10 homebuyers (29%) bought a home in an all-cash transaction in December, according to a data report from Redfin. This is down from 30.3% a year earlier and the lowest December share since 2020. The peak for all-cash homebuying was nearly 35% in...
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