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Wyoming Lawmakers Consider Abolishing Property Taxes

Wyoming Lawmakers Consider Abolishing Property Taxes

by Phil Hall | Jun 5, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An initiative to eliminate Wyoming’s property taxes through the passage of a constitutional amendment is taking shape in the state’s legislature. Wyofile.com reports this initiative is fueled by confusion that previous property tax relief efforts. “Taxpayers often...
Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019

Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019

by Phil Hall | Jun 5, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of homes for sale has topped 1 million for the first time since Winter of 2019, according to data from Realtor.com. However, only metros in the South or West have fully returned to pre-pandemic inventory levels. All 50 of the largest metro areas posted...
Report: Fewer Home Purchase Loans During Q1

Report: Fewer Home Purchase Loans During Q1

by Phil Hall | Jun 5, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from ATTOM showed that 1.4 million mortgages were secured by residential properties during the first quarter, a 14% drop from the previous quarter. The first quarter’s decline was attributed to a 20% drop in home purchase loans, which shrank from 738,675 in...
Reynolds Asset Management Acquires 2 Cleveland Multifamily Communities for $30.6 Million

Reynolds Asset Management Acquires 2 Cleveland Multifamily Communities for $30.6 Million

by Phil Hall | Jun 4, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Paramus, New Jersey-based real estate investment and development firm Reynolds Asset Management has acquired two multifamily communities – Park Lamont and The Lumos – in Cleveland for $30.6 million Reynolds completed the transaction in partnership with The...
Elevate Community, a Missouri Tiny Home Development, Receives First Residences

Elevate Community, a Missouri Tiny Home Development, Receives First Residences

by Phil Hall | Jun 4, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The nonprofit Elevate Branson has begun work at Elevate Community, a tiny home development in Branson, Missouri. The new development recently marked the arrival of the first six tiny homes and more than $5 million in public and private funding to start construction....
Beeline Launches Stablecoin-Backed Home Equity Product

Beeline Launches Stablecoin-Backed Home Equity Product

by Phil Hall | Jun 4, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The digital mortgage platform Beeline Holdings Inc., (NASDAQ: BLNE) has announced plans to launch of a stablecoin-backed home equity access product that allows homeowners to convert a portion of their home equity into immediate cash without incurring debt or monthly...
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