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New Report Finds National Average for Mortgage Closing Costs Down by 3%

New Report Finds National Average for Mortgage Closing Costs Down by 3%

by Phil Hall | Jun 30, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Purchase loan closing costs declined nationwide by an average of 2.9% from 2024 to 2025, according to a new data report released by LodeStar Software Solutions. The decline was attributed to a drop in home prices, which reduced transfer tax burdens across many...
DeSantis, in Reversal, Declines to Campaign for Measure Ending Florida’s Property Taxes

DeSantis, in Reversal, Declines to Campaign for Measure Ending Florida’s Property Taxes

by Phil Hall | Jun 29, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida Gov. Ron DeSantis has announced he will not campaign to pass an amendment ending property taxes in the state because the measure approved by the legislature is not the amendment he proposed. The Miami Herald reports DeSantis told a press conference that he...
South Dakota Coalition Fails to Get Ballot Measure on Contentious Property Tax Law

South Dakota Coalition Fails to Get Ballot Measure on Contentious Property Tax Law

by Phil Hall | Jun 29, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A coalition of South Dakota groups seeking to create a ballot referendum on a contentious new property tax relief law has failed to gather enough signatures to put the measure up for a public vote. SDPB reports South Dakotans for Fair Taxes tried to get public input...
Report: 19% of House Hunters Looking to Relocate Elsewhere in the Country

Report: 19% of House Hunters Looking to Relocate Elsewhere in the Country

by Phil Hall | Jun 29, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly one in five (19.1%) prospective homebuyers looked to move from one part of the country to another during the first quarter, according to a new data report from Redfin. That share is up slightly from the 18.9% level recorded one year earlier and marked the...
336-Unit Multifamily Community Launches in Savannah

336-Unit Multifamily Community Launches in Savannah

by Phil Hall | Jun 29, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment and development firms Manor Park Ventures and Brook Farm Group announced the launch of 675 Morgan, a 336-unit, Class A garden-style multifamily community located in Savannah, Georgia. According to the companies, the community is based on a...
VA Updates Appraisal Requirements

VA Updates Appraisal Requirements

by Phil Hall | Jun 29, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Department of Veterans Affairs (VA) has updated the appraisal process regarding Minimum Property Requirements (MPRs), the standards that determine if a property is eligible for a VA-guaranteed home loan. According to the department, the updates address issues that...
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