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Year-Over-Year Foreclosure Activity Up for Sixth Straight Month

Year-Over-Year Foreclosure Activity Up for Sixth Straight Month

by Phil Hall | Sep 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 35,697 residential properties had foreclosure filings in August, down 1% from July but up 18% year-over-year. “August marked the sixth consecutive month of year-over-year increases in US foreclosure activity and the third straight month with double-digit...
Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable

Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable

by Phil Hall | Sep 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Most homeowners are concerned they will be unable to afford insurance on their residences, according to a new survey released by Realtor.com. The survey found 88% of respondents fearing they will pay for more homeowners insurance in the future while 42% confirmed they...
Mortgage Credit Availability Inched Up During August

Mortgage Credit Availability Inched Up During August

by Phil Hall | Sep 11, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The rate of mortgage credit availability recorded a mild uptick in August according to new data from the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI). Last month, the MCAI rose by 0.1% to 104.0 in August; the index was benchmarked to...
Gov. Pritzker to Bears: Pay for Soldier Field Renovations Before Moving to New Stadium

Gov. Pritzker to Bears: Pay for Soldier Field Renovations Before Moving to New Stadium

by Phil Hall | Sep 11, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Illinois Gov. JB Pritzker is posting a bill collection notice in front of the Chicago Bears’ plans to relocate to a new stadium. WBBM reports the team’s announcement that it would leave its longtime home at Chicago’s historic Soldier Field for a new domed venue to be...
Ohio Lawmakers Offer Bill to Prevent Foreclosure on Senior Homeowners

Ohio Lawmakers Offer Bill to Prevent Foreclosure on Senior Homeowners

by Phil Hall | Sep 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new bill being prepared for consideration by the Ohio legislature seeks to prevent senior homeowners from being foreclosed upon due to delinquent property taxes. State Reps. David Thomas (R-Jefferson) and Adam Mathews (R-Lebanon) introduced the Senior Protection...
Opendoor Names Kaz Nejatian as New CEO

Opendoor Names Kaz Nejatian as New CEO

by Phil Hall | Sep 10, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Opendoor Technologies Inc. (NASDAQ: OPEN), a San Francisco-based e-commerce platform for residential real estate transactions, announced the appointment of Kaz Nejatian as CEO and a member of the board of directors. He replaces Carrie Wheeler, who stepped down last...
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