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Cash Purchases for Homebuying Decline Amid Stabilizing Market

Cash Purchases for Homebuying Decline Amid Stabilizing Market

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cash purchases accounted for 31.4% of home sales during the first four months of 2026, down from 32.3% in the same period last year, according to data from Realtor.com. While total home sales fell 8.5% year-over-year, the number of cash sales dropped by 11.2% as the...
Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction

Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Utah lawmakers are planning to introduce legislation that would override local zoning rules and allow single-family homes between 1,000 and 1,400 square feet to be built on smaller lots statewide. Building Salt Lake reports Steve Waldrip, senior advisor for housing...
CFPB to Stop Publishing Consumer Complaints Against Financial Services Companies

CFPB to Stop Publishing Consumer Complaints Against Financial Services Companies

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) announced that it will no longer publish what it describes as “unverified complaint narratives and visualizations” submitted against financial services companies. In a press statement, the agency claimed these...
Federal Judge Blocks Trump’s Plan to Cancel FBI HQ Move to Maryland

Federal Judge Blocks Trump’s Plan to Cancel FBI HQ Move to Maryland

by Phil Hall | Aug 18, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A federal judge has blocked the Trump administration’s plan to move the FBI’s headquarters across town in Washington, DC, instead of shifting the agency to a Maryland location that was picked in 2023. Reuters reports US District Judge Theodore Chuang, an Obama...
FBI Adds Fugitive Real Estate Fraudster to Most Wanted List

FBI Adds Fugitive Real Estate Fraudster to Most Wanted List

by Phil Hall | Aug 17, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A real estate fraudster who swindled investors out of more than $650 million and then evaded a federal arrest warrant has been added to the FBI’s Most Wanted List. Rey E. Grabato II ran National Realty Investment Advisors (NRIA) LLC, a company that defrauded...
Florida Home Sales Achieve 11th Straight Month of Year-Over-Year Gains

Florida Home Sales Achieve 11th Straight Month of Year-Over-Year Gains

by Phil Hall | Aug 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 23,870 closed sales of existing single-family homes during July, up 5.1% year-over-year, while existing condo-townhouse sales totaled 8,194, up 11% from July 2025. According to Florida Realtors Chief Economist Brad O’Connor, July marked the 11th...
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