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Michigan Gov. Whitmer Proposes 10% Reduction in Property Taxes for Seniors

Michigan Gov. Whitmer Proposes 10% Reduction in Property Taxes for Seniors

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

Michigan Gov. Gretchen Whitmer is proposing that senior homeowners in her state receive a 10% reduction on their property taxes. CBS News reports Whitmer, a Democrat who is in the final year of her term, will officially announce the proposal in her State of the State...
Chinese Owners of NYC’s Waldorf Astoria to Sell Property Months After Multibillion-Dollar Renovation

Chinese Owners of NYC’s Waldorf Astoria to Sell Property Months After Multibillion-Dollar Renovation

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

The Chinese owners of New York City’s Waldorf Astoria are putting the iconic hotel up for sale months after it reopened following a multibillion-dollar renovation. The Wall Street Journal reports the property’s eight-year, $4 billion overhaul was five years behind...
Sen Elizabeth Warren: Trump’s Attacks on the CFPB Cost Consumers $19 Billion

Sen Elizabeth Warren: Trump’s Attacks on the CFPB Cost Consumers $19 Billion

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

Sen. Elizabeth Warren (D-MA), the Ranking Member of the Senate Banking Committee, has released a report claiming the Trump administration’s efforts to shut down the Consumer Financial Protection Bureau (CFPB) has cost the nation $19 billion over the past year. The...
Foreclosure Activity Rises Annually for Eleventh Straight Month

Foreclosure Activity Rises Annually for Eleventh Straight Month

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

A total of 40,534 residential properties had foreclosure filings during January, down 10% from the prior month but up 32% from one year earlier. According to new data from ATTOM, January marked the eleventh straight month where foreclosure activity was on the rise....
New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment

New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment

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

A new bipartisan bill introduced in the US House of Representatives will enable families to put unused college savings toward a down payment. The First-Time Homebuyer Empowerment Act (H.R. 7468) would amend the tax code to allow people to withdraw up to $35,000 in...
Ground Broken on New Mixed-Use Development in Ottawa

Ground Broken on New Mixed-Use Development in Ottawa

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

The real estate development and investment firm Colonnade BridgePort and the Fiera Real Estate CORE Fund have broken ground on Junction Central, a mixed-use residential community in Ottawa. The new project is located on a 4.9-acre site located next to Ottawa’s...
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