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Discount-Hungry Homebuyers Paying More Attention to Foreclosure Listings

Discount-Hungry Homebuyers Paying More Attention to Foreclosure Listings

by Phil Hall | Jul 7, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuyers looking for a significant discount on properties should pay closer attention to foreclosure listings, according to a report from Realtor.com. Although foreclosure listings made up 1.3% of all homes for sale in April, the highest level in six years, these...
Federal Home Loan Bank of San Francisco Awards $66.3 Million in Affordable Housing Program Grants

Federal Home Loan Bank of San Francisco Awards $66.3 Million in Affordable Housing Program Grants

by Phil Hall | Jul 7, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is allocating $66.3 million in Affordable Housing Program (AHP) grants that will support 45 affordable housing developments across Arizona, California and Nevada. This year’s AHP awards represent an...
Elon Musk’s Former Bel Air Estate Listed at Nearly $50 Million

Elon Musk’s Former Bel Air Estate Listed at Nearly $50 Million

by Phil Hall | Jul 6, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Bel Air estate that once part of Elon Musk’s significant real estate portfolio has been listed for sale at $49.8 million. Mansion Global reports the property was among the properties that Musk began to sell off when he announced in 2020 that he planned to offload...
Ex-Florida Appraiser Sentenced to 20 Years for Bank Fraud

Ex-Florida Appraiser Sentenced to 20 Years for Bank Fraud

by Phil Hall | Jul 6, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A former Florida-based appraiser with a revoked license was sentenced to 20 years in federal prison for operating a bank fraud scheme. According to court documents, Armando Martinez took over the identity and license number of a legitimate licensed appraiser and then...
Report: 1 in 5 Homebuyers Are Gen Z

Report: 1 in 5 Homebuyers Are Gen Z

by Phil Hall | Jul 6, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Gen Z accounted for one in five purchase mortgage rate locks in the second quarter, the largest share on record, according to a new data report from Intercontinental Exchange Inc. (NYSE: ICE). The report found this youthful generation represents nearly one-third of...
89-Year-Old Homeowner Fighting Eminent Domain Seizure Effort by Arizona State University

89-Year-Old Homeowner Fighting Eminent Domain Seizure Effort by Arizona State University

by Phil Hall | Jul 6, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An 89-year-old Phoenix homeowner is fighting an attempt by Arizona State University (ASU) to use eminent domain to seize his residence. ABC15.com reports Robert Young has lived in his home at the corner of North 4th and Pierce Street since 1975. The property was built...
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