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Grassroots Movement Seeks to Abolish Ohio’s Property Taxes

Grassroots Movement Seeks to Abolish Ohio’s Property Taxes

by Phil Hall | May 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A grassroots initiative by Ohio homeowners is working to add a constitutional amendment to the November ballot that would abolish property taxes. News 5 Cleveland reports the Citizens for Property Tax Reform movement was formed by voters who were unhappy with what...
Mortgage Application Activity and Delinquencies Are Rising

Mortgage Application Activity and Delinquencies Are Rising

by Phil Hall | May 14, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An increasing number of people are taking out mortgages while a rising level of homeowners aren’t paying their mortgages. The Market Composite Index, the Mortgage Bankers Association’s (MBA) measure of mortgage loan application volume, increased 1.1% on a seasonally...
California Approves 17% Rate Hike by State Farm

California Approves 17% Rate Hike by State Farm

by Phil Hall | May 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

California has approved a 17% increase for State Farm’s homeowners policies. CBS News reports the rate increase is lower than the insurer’s request for a 21.8% hike. California Insurance Commissioner Ricardo Lara announced the rate hike after administrative...
New Senate Bill Seeks to Coordinate HUD-USDA-VA Housing Policies

New Senate Bill Seeks to Coordinate HUD-USDA-VA Housing Policies

by Phil Hall | May 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A new bill was introduced in the US Senate to coordinate housing policy between three Executive Branch departments. Sens. Dave McCormick (R-PA) and Ruben Gallego (D-AZ) put forth the HUD-USDA-VA Interagency Coordination Act, which is designed to encourage greater...
Modular Housing Provider Boxabl Expands Into Colorado

Modular Housing Provider Boxabl Expands Into Colorado

by Phil Hall | May 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Las Vegas-headquartered modular housing manufacturer Boxabl has expanded into Colorado with the planned delivery of 12 of its Casita units to the new Westgate Development community in Pueblo. Spearheaded by Down by the Bay LLC, the Westgate Development is a...
Ex-Vancouver Mayor Tapped as Canada’s New Housing Minister

Ex-Vancouver Mayor Tapped as Canada’s New Housing Minister

by Phil Hall | May 14, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canadian Prime Minister Mark Carney has appointed Gregor Robertson as the nation’s new Minister of Housing and Infrastructure. Robertson became a Member of Parliament in last month’s election. He gained national prominence as mayor of Vancouver from 2008 to 2018....
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