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Las Vegas Home Sales Decline Amid Wider Listings

Las Vegas Home Sales Decline Amid Wider Listings

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

The Las Vegas area recorded a total of 2,646 sales for homes, condos and townhomes sold in May, according to data from Las Vegas Realtors. In a year-over-year measurement, sales fell by 13.1% for homes and by 19% for condos and townhomes. While sales were down last...
LA Wildfire Victims Sue 3 Insurers for Fraud

LA Wildfire Victims Sue 3 Insurers for Fraud

by Phil Hall | Jun 6, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Homeowners whose properties were destroyed in the Los Angeles County wildfires are suing USAA and two insurance companies affiliated with AAA – CSAA Insurance Exchange and Interinsurance Exchange of the Automobile Club – claiming they intentionally underestimated the...
NAR Overturns No-Commingling Policy, Receives Thumbs-Up from Trump

NAR Overturns No-Commingling Policy, Receives Thumbs-Up from Trump

by Phil Hall | Jun 6, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors’ (NAR) Legislative Meetings wrapped up yesterday with the overturn of the organization’s no-commingling policy and a videotape message of support from President Donald Trump. The rescinded policy enabled multiple listing services...
Hooters to Close 30 Restaurants

Hooters to Close 30 Restaurants

by Phil Hall | Jun 6, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Two months after filing for bankruptcy, Hooters of America is closing more than 30 of its company-owned restaurants across a dozen states. Verdict Food Service reports the company is seeking to address its $376 million with the sale of its corporate-owned restaurants...
Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium

Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium

by Phil Hall | Jun 5, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Ohio legislators are considering a proposal to allocate $600 million to the construction of a new $3.4 billion stadium for the NFL’s Cleveland Browns. WKYC.com reports State Sen. Jerry Cirino, a Republican, is advocating for the money to come from the state’s $3.7...
NAR Updates Hate Speech Policy Within Code of Ethics

NAR Updates Hate Speech Policy Within Code of Ethics

by Phil Hall | Jun 5, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The board of directors of the National Association of Realtors (NAR) has ratified changes to Standard of Practice 10-5 (SOP 10-5) and Professional Standards Policy Statement 29, which are part of Article 10 of the Code of Ethics. According to NAR, the updated language...
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