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Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties

Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties

by Phil Hall | Oct 1, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Connecticut has become the first state to offer a free online tool that enables residents and businesses to assess their property’s risk from flooding, wildfires, and other weather-related catastrophes. The new tool, created in partnership by the Connecticut Insurance...
Mortgage Application Activity Drops by Nearly 13%

Mortgage Application Activity Drops by Nearly 13%

by Phil Hall | Oct 1, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed dramatically during the week ending Sept. 26, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 12.7% on a seasonally adjusted...
NAR Warns of Disruptions to NFIP if Government Shutdown Drags On

NAR Warns of Disruptions to NFIP if Government Shutdown Drags On

by Phil Hall | Oct 1, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has warned that a prolonged shutdown of the federal government will imperil the National Flood Insurance Program (NFIP). NAR noted that the shutdown has resulted in the halting of NFIP’s authority to issue new policies, which...

Starter Home Sales and Prices Outpace Other Housing Sectors

by Phil Hall | Sep 30, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical starter home sold for a record $260,508 in August, a 2.2% year-over-year increase, according to new data from Redfin. In comparison, mid- and high-price home prices grew 1.4% and 2.7% over the same period, respectively, to near-record highs of $370,000 and...
New Joint Venture to Create Luxury Resort and Residences at Telluride

New Joint Venture to Create Luxury Resort and Residences at Telluride

by Phil Hall | Sep 30, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The hospitality and branded residential company Four Seasons have teamed with developers Fort Partners and Merrimac Ventures to announce the creation of the Four Seasons Resort and Residences Telluride at the Colorado resort. The new project will consist of three...
Some Cook County Homeowners Could Receive $1,000 Grants for Property Tax Relief

Some Cook County Homeowners Could Receive $1,000 Grants for Property Tax Relief

by Phil Hall | Sep 30, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new program will distribute one-time $1,000 grants to eligible homeowners in Illinois’ Cook County who received significant property tax hikes. WTTW reports a new $15 million homeowner relief fund program has been set up to assist homeowners that experienced a...
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