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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....
A Phil Hall Op-Ed: The New Wave of Taxpayer-Funded Stadiums

A Phil Hall Op-Ed: The New Wave of Taxpayer-Funded Stadiums

by Phil Hall | May 13, 2025 | A Phil Hall Op-Ed, Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: On this day in 2024, I wrote an op-ed column titled “Stop Using Public Funds to Build Sports Stadiums.” Unfortunately, no one listened to me – in fact, it several cities opted to do the exact opposite of what I suggested. Last week, the Wall Street...
Mortgage Lender Lower Acquires Real Estate Portal Movoto

Mortgage Lender Lower Acquires Real Estate Portal Movoto

by Phil Hall | May 13, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The mortgage lender Lower announced its acquisition of the real estate portal Movoto for an undisclosed sum. The Austin-based Movoto bills itself as the largest privately-owned residential real estate search website. The company was part of the Ojo Labs family of...
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