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New Initiative Launched to Accelerate Canadian Home Construction

New Initiative Launched to Accelerate Canadian Home Construction

by Phil Hall | Jul 25, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canada Mortgage and Housing Corporation (CMHC) has announced its new Frequent Builder framework to speed the creation of affordable and rental homes by expediting the application process for housing providers. The new framework will target experienced housing...
Iowa’s Housing Inventory Up 32% from Last Year

Iowa’s Housing Inventory Up 32% from Last Year

by Phil Hall | Jul 25, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The inventory of Iowa homes for sale climbed 4.4% in June, with 7,417 homes on the market versus 7,104 listings in May. According to new data from the Iowa Association of Realtors (IAR), the state’s inventory level soared by 31.8% from the 5,626 homes listed in June...
Denver City Council Questions Mayor’s Proposed Sales Tax Hike to Fund Affordable Housing

Denver City Council Questions Mayor’s Proposed Sales Tax Hike to Fund Affordable Housing

by Phil Hall | Jul 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Denver City Council hit the brakes on Mayor Mike Johnston’s proposal to increase the sales tax to fund affordable housing development. The proposal, which was floated earlier this month, would add an extra 0.5% to the city’s current effective 8.81% sales tax...
Honoring Pioneer Day: Lessons for Real Estate Agents from Our Resilient Forebears

Honoring Pioneer Day: Lessons for Real Estate Agents from Our Resilient Forebears

by John G. Stevens | Jul 24, 2024 | Guest Opinion, News/Current Events, Real Estate News, WRE News Exclusive

Pioneer Day holds a special place in my heart and the hearts of many in Utah. As we celebrate this day, it’s important to reflect on the incredible journeys our ancestors undertook and the legacies they left behind. For my family, with deep pioneer roots,...
Nigerian Man Pleads Guilty to Real Estate Phishing Fraud Scheme

Nigerian Man Pleads Guilty to Real Estate Phishing Fraud Scheme

by Phil Hall | Jul 24, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A Nigerian national pleaded guilty to defrauding homeowners and real estate professionals out of down payments in a “man-in-the-middle” email phishing and spoofing scheme. According to an announcement by the office of U.S. Attorney for the Northern District of Texas,...
Home Sales Slip in Virginia

Home Sales Slip in Virginia

by Phil Hall | Jul 24, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 10,018 homes were sold in Virginia during June, which was 974 fewer than June of last year. According to Virginia Realtors, this marked both an 8.9% slowdown and the second month in 2024 where sales activity trailed 2023 levels. However, during the first...
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