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Flood Insurance Relief Legislation Reintroduced in Congress

Flood Insurance Relief Legislation Reintroduced in Congress

by Phil Hall | Jul 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rep. Byron Donalds (R-FL) announced the reintroduction of HR 4494, “The Flood Insurance Relief Act,” which is designed to provide tax relief for flood insurance customers. The proposed legislation creates a non-refundable tax deduction for flood insurance premiums....
Deltec Homes Debuts New Hurricane-Resistant Housing Model

Deltec Homes Debuts New Hurricane-Resistant Housing Model

by Phil Hall | Jul 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Deltec Homes, an Asheville, North Carolina-based manufacturer of hurricane-resistant housing, has unveiled Tranquility, the latest model in its 360° Signature Collection. The 1,327-square-foot Tranquility is designed to withstand wind speeds up to 130 mph, with...
Wisconsin’s June Home Sales Up for First Time in 4 Years

Wisconsin’s June Home Sales Up for First Time in 4 Years

by Phil Hall | Jul 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wisconsin recorded 7,712 home sales in June, an 8.1% increase from the 6,637 transactions recorded one year earlier. Last month marked Wisconsin’s first increase in June sales in four years. According to the Wisconsin Realtors Association (WRA), new statewide listings...
Honolulu City Council Considers Property Tax Relief Measures

Honolulu City Council Considers Property Tax Relief Measures

by Phil Hall | Jul 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Honolulu City Council is weighing several proposals that could decrease property taxes for seniors, landlords, and homeowners who live on their property. Hawaii Public Radio reports the council’s Budget Committee has advanced two of the measures – one that would...
Mortgage Rates Remain Flat

Mortgage Rates Remain Flat

by Phil Hall | Jul 24, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage averaged 6.74% as of July 24, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down slightly from last week when it averaged 6.75%. A year ago at this time, it averaged 6.78%. The 15-year...
New Single-Family Home Sales Up Slightly During June

New Single-Family Home Sales Up Slightly During June

by Phil Hall | Jul 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in were at a seasonally adjusted annual rate of 627,000 during June, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. The sales activity is a mild 0.6% rise above the May...
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