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Initiative to Create Ballot Measure on Eliminating Ohio Property Taxes is Falling Short of Goals

Initiative to Create Ballot Measure on Eliminating Ohio Property Taxes is Falling Short of Goals

by Phil Hall | Apr 24, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An initiative to gather voter signatures for a November referendum on abolishing Ohio’s property taxes is falling short of its goals. WJW reports the Committee to Abolish Property Tax in Ohio needs to secure more than 413,000 signatures from at least half of Ohio’s 88...
Lennar Debuts New Central Oregon Community

Lennar Debuts New Central Oregon Community

by Phil Hall | Apr 24, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Lennar Corp. (NYSE: LEN) has announced the grand opening of 121 West, a new community of paired homes and townhomes in Redmond, Oregon. According to the company, 121 West is a collection of two- and three-story paired homes and two-story townhomes, with five floor...
Foreclosure Auction Volume at 6-Year High

Foreclosure Auction Volume at 6-Year High

by Phil Hall | Apr 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Completed foreclosure auctions during the first quarter were up by 33% from one year earlier and up by approximately 10% from the same period two years earlier, according to data from Auction.com. The first quarter’s activity was at a six-year high as distressed...
Mortgage Rates Down for Third Straight Week

Mortgage Rates Down for Third Straight Week

by Phil Hall | Apr 23, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage averaged 6.23% as of April 23, down from last week when it averaged 6.30%. According to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC), the mortgage averaged 6.81% at this time one year ago. The 15-year...
Florida’s Burgess Island Listed for Sale at $89 Million

Florida’s Burgess Island Listed for Sale at $89 Million

by Phil Hall | Apr 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida’s Burgess Island, a 104-acre private island estate based in Pine Island Sound between Sarasota and Naples, has been listed for sale at $89 million. The property features a luxury residence built in 1928 that features 11 bedrooms, 10 full bathrooms and three...
Illinois Home Sales Up 3.1%

Illinois Home Sales Up 3.1%

by Phil Hall | Apr 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 10,075 homes were sold in Illinois during March, which represents a 3.1% uptick from the 9,774 sold one year earlier. According to data from Illinois Realtors, the 17,099 homes available for sale statewide last month were 7.7% less than the 18,526 homes...
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