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California Takes Action Against State Farm Over Handling of LA Wildfire Claims

California Takes Action Against State Farm Over Handling of LA Wildfire Claims

by Phil Hall | May 5, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The California Department of Insurance has launched an enforcement action against State Farm General Insurance Company after an investigation revealed the company’s mishandling of claims filed by survivors of the 2025 Los Angeles wildfires. According to the...
Historic California Hotel Acquired by Native American Tribe

Historic California Hotel Acquired by Native American Tribe

by Phil Hall | May 5, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A California hotel that can trace its operations back 150 years ago has been sold to a Native American tribe. The 238-room Mission Inn Hotel & Spa in Riverside was purchased by the Yuhaaviatam of San Manuel Nation in Highland. The federally recognized tribe’s San...
Report: Home Prices Inched Up 0.4% in March

Report: Home Prices Inched Up 0.4% in March

by Phil Hall | May 5, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family home prices during March were up by 0.4% on both a month-over-month and year-over-year measurement, according to a data report from Cotality. Among states, Illinois saw the most annual growth in March, increasing by 5.7%. It was followed by New Jersey...
UWM Renews Effort to Merge with Two Harbors Investment Corp.

UWM Renews Effort to Merge with Two Harbors Investment Corp.

by Phil Hall | May 5, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused real estate investment trust, is rejected a renewed effort by UWM Holdings Corporation (NYSE: UWMC) to revive its canceled merger plans. In March, Two Harbors announced a merger agreement...
Toronto Home Sales Rise Amid Decline in New Listings

Toronto Home Sales Rise Amid Decline in New Listings

by Phil Hall | May 5, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A total of 5,946 homes were sold in April through the Toronto Regional Real Estate Board’s (TRREB) MLS System, a 7% year-over-year increase. The surge in home sales occurred despite a 9.3% year-over-year decline in new listings, which totaled 17,097 last month. On a...
ATTOM Unveils AI-Powered AVM

ATTOM Unveils AI-Powered AVM

by Phil Hall | May 5, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The property data provider ATTOM announced rollout of an updated automated valuation model (AVM) that is being promoted as a “a ground-up, AI-first rebuild designed to move beyond the limitations of traditional comparable-sales-based valuation models.” According to...
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