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Mortgage Application Activity Records Slight Uptick

Mortgage Application Activity Records Slight Uptick

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

Mortgage applications inched up at a mild pace during the week ending Sept. 19, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, recorded a 0.6% uptick on a seasonally...
Ex-Pennsylvania Township Tax Collector Pleads Guilty to Embezzling Property Taxes

Ex-Pennsylvania Township Tax Collector Pleads Guilty to Embezzling Property Taxes

by Phil Hall | Sep 24, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The former tax collector for a Pennsylvania township pleaded guilty to embezzling property taxes. Karen McGinnis was the tax collector for Fairview Township from March 2023 through last January. In her job, she was responsible for collecting property taxes, including...
Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry

Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry

by Phil Hall | Sep 24, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A former Calgary realtor who acknowledged running a Ponzi scheme that defrauded dozens of people out of more than $3.5 million has been banned for life from working in Alberta’s real estate industry. The Calgary Herald reports Eric Drinkwater received his permanent...
Virginia Home Sales Hold Steady Amid Surge in New Listings

Virginia Home Sales Hold Steady Amid Surge in New Listings

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

A total of 9,423 homes were sold statewide in Virginia during August just 15 more than one year before, marking a scant 0.2% uptick. According to data from Virginia Realtors, August also saw 24,606 active listings statewide, a 26.2% surge from last year. Nearly 13,000...
Forecast Warns of 10% Spike in Electric Heating Costs This Winter

Forecast Warns of 10% Spike in Electric Heating Costs This Winter

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

Households that heat their residences with electricity could see a 10.2% increase in their winter heating bills to an average of $1,205 this year, up from $1,093 last winter. According to a forecast from the National Energy Assistance Directors Association (NEADA),...
Florida Records Surge in Pending Home Sales

Florida Records Surge in Pending Home Sales

by Phil Hall | Sep 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 21,798 closed sales of existing single-family homes in August, down 3.9% year-over-year, while existing condo-townhouse sales totaled 7,424, down 6% from one year earlier. According to data from Florida Realtors, new pending sales of single-family...
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