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NAR in $52.25 Million Settlement of Tuccori Commissions Lawsuit

NAR in $52.25 Million Settlement of Tuccori Commissions Lawsuit

by Phil Hall | Apr 10, 2026 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) announced it has reached a settlement resolving claims brought by homebuyers in the class-action antitrust lawsuit Tuccori v. At World Properties related to buyer-agent commissions. Under the terms of the settlement, which is...
First-Time Homebuyers Accounted for 21% of the Texas Housing Market

First-Time Homebuyers Accounted for 21% of the Texas Housing Market

by Phil Hall | Apr 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

First-time homebuyers accounted for 21% of all residential property purchases in Texas during 2025, according to data from Texas Realtors. This is slightly above the all-time low of 20% recorded in 2024. Last year’s homebuyers in Texas had a median age of 58, tied...
Mid-Atlantic Region Records Spike in Listings

Mid-Atlantic Region Records Spike in Listings

by Phil Hall | Apr 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 24,812 new listings came onto the Mid-Atlantic market served by Bright MLS in March, a 0.6% year-over-year spike and the strongest March new listing total since 2022. Active listings totaled 39,495, a 9.4% surge from the 36,110 recorded one year earlier....
Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Years, Receives Conditional Approval

Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Years, Receives Conditional Approval

by Phil Hall | Apr 10, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The first de novo community bank serving Central Florida in nearly a decade has received conditional approval from the Federal Deposit Insurance Corp. (FDIC) and the state’s Office of Financial Regulation. Portrait Bank of Winter Park, within the Orlando MSA, is one...
Illinois Realtor Brandon Holtz Lives Out a Golfer’s Dream at the Masters

Illinois Realtor Brandon Holtz Lives Out a Golfer’s Dream at the Masters

by Phil Hall | Apr 10, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Among the golfers participating in this year’s Masters Tournament in Augusta, Georgia, Brandon Holtz stands out – and not just because of his 6-foot-3, 250-pound frame, but because he is the only realtor among the players going for the green jacket. The 39-year-old...
Philadelphia Real Estate Agent Sentenced for Loan Fraud Scheme

Philadelphia Real Estate Agent Sentenced for Loan Fraud Scheme

by Phil Hall | Apr 10, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Philadelphia real estate agent was sentenced to 37 months’ imprisonment and two years of in connection with a scheme in which he raised millions of dollars from individuals and businesses, supposedly for short-term real estate financing opportunities, when no such...
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