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New Home Sales Down 0.6% in July

New Home Sales Down 0.6% in July

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

Sales of new single-family houses in July were at a seasonally adjusted annual rate of 652,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development. This marked a 0.6% decline from the June’s...
Long-Lost Nazi-Looted Artwork Spotted in Online Real Estate Listing

Long-Lost Nazi-Looted Artwork Spotted in Online Real Estate Listing

by Phil Hall | Aug 25, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An 18th century painting that was stolen by the Nazis from a Dutch Jewish art dealer and disappeared for decades has been spotted in an online real estate listing in Argentina. The Dutch newspaper AD reports “Portrait of a Lady” by the Italian painter Vittore...
Morgan Properties Acquires Dream Residential REIT for $354 Million

Morgan Properties Acquires Dream Residential REIT for $354 Million

by Phil Hall | Aug 25, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Dream Residential Real Estate Investment Trust (TSX: DRR.U, DRR.UN) is being acquired by an affiliate of Morgan Properties LP in an all-cash transaction valued at approximately $354 million. Toronto-headquartered Dream Residential REIT owns a portfolio of garden-style...
St. Louis-Area Man Pleads Not Guilty for Conspiring to Steal 16 Homes and a Duplex

St. Louis-Area Man Pleads Not Guilty for Conspiring to Steal 16 Homes and a Duplex

by Phil Hall | Aug 25, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A Missouri man has pleaded not guilty to two separate indictments of conspiring to steal or try to steal 16 homes and a duplex with bogus deeds. James L. Townes Jr. of the St. Louis suburb of Berkeley was indicted by a grand jury on June 25 with one count of mail...
New Website Offers Information for Households Moving to Texas

New Website Offers Information for Households Moving to Texas

by Phil Hall | Aug 25, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A new online resource has launched to provide households with information on relocating to Texas. Users who tap into InsideTexasRealEstate.com will receive data and insights on cities, counties, schools, neighborhoods, and lifestyle across the Lone Star State. The...
Trump Halts Work on Offshore Wind Project to Power 350,000 CT and RI Homes

Trump Halts Work on Offshore Wind Project to Power 350,000 CT and RI Homes

by Phil Hall | Aug 25, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration has ordered the halt on all construction at an offshore wind farm designed to provide electric power to 350,000 homes in Connecticut and Rhode Island. Matthew Giacona, acting director of the Bureau of Ocean Energy Management, sent a letter to...
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