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California’s State-Run Property Insurance Program Proposes 36% Rate Hike

California’s State-Run Property Insurance Program Proposes 36% Rate Hike

by Phil Hall | Oct 7, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The California FAIR Plan, the state-run fire insurance program for property owners who cannot secure private market insurance, has proposed hiking home insurance rates by an average of 35.8% starting next spring. The San Francisco Chronicle reports that if the request...
Second Prosecutor Balks at Trump Pressure to Indict Letitia James for Mortgage Fraud

Second Prosecutor Balks at Trump Pressure to Indict Letitia James for Mortgage Fraud

by Phil Hall | Oct 7, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Another prosecutor in the US Attorney’s Office Eastern District of Virginia may soon face the choice of resigning or being fired for balking at President Trump’s demands to indict New York Attorney General Letitia James on mortgage fraud charges relating to a property...
The Best and Worst Cities for Driving Are…

The Best and Worst Cities for Driving Are…

by Phil Hall | Oct 7, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The journey from Points A to B can either be a pleasure trip or a pain in the you-know-what, depending on the local traffic. The number crunchers at WalletHub compared the 100 largest US cities based on 30 key road-related metrics for their new report “2025’s...
Clarion Partners Expands into Senior Housing Sector

Clarion Partners Expands into Senior Housing Sector

by Phil Hall | Oct 7, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Clarion Partners, a New York City-based real estate investment manager, has expanded into the senior housing sector with its acquisition of Sancerre at Atlee Station from NexCore Group and its wholly owned subsidiary Experience Senior Living and its Sancerre brand. As...
Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium

Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium

by Phil Hall | Oct 7, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Chicago Bears are asking for $855 million in public funding to build the infrastructure surrounding their new domed stadium planned for suburban Arlington Heights, Illinois. The Associated Press reports the real estate consulting firm HR&A Advisors Inc. issued...
Report: Housing Affordability at Best Level Since Early 2023

Report: Housing Affordability at Best Level Since Early 2023

by Phil Hall | Oct 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home affordability has reached its best level since early 2023 thanks to easing mortgage rates, according to ICE Mortgage Technology’s October ICE Mortgage Monitor Report. The new report cited 30-year mortgage rates averaging 6.26% in mid-September while the monthly...
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