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NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000

NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000

by Phil Hall | Oct 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A New York City man was indicted for stealing approximately $25,000 from three prospective renters by pretending to be a real estate broker and showing them apartment that he was not authorized to sell. According to the charges brought against him, Juan Valloy ran a...
K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million

K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million

by Phil Hall | Oct 3, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New Orleans’ historic office property K&B Plaza has been listed for sale for the first time in more than half a century, with an asking price of $11.4 million. According to a report in New Orleans City Business, the seven-story, 69,569-square-foot complex in the...
Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief

Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief

by Phil Hall | Oct 3, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Florida Gov. Ron DeSantis has raised the idea of calling a special legislative session that would focus on cutting property taxes. WLRN.org reports that legislators are currently weighing ideas on relieving the state’s property tax burden, which would be voted on...
FHFA Withdraws Three Biden-Era Proposed Rules

FHFA Withdraws Three Biden-Era Proposed Rules

by Phil Hall | Oct 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) has withdrawn three proposed rules put forth during the Biden administration relating to the government-sponsored enterprises and the Federal Home Loan Banks (FHLBanks). The withdrawals involve a 2021 proposed rule that would...
One in Six Home Sellers Dropped Their Asking Price

One in Six Home Sellers Dropped Their Asking Price

by Phil Hall | Oct 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

One of every six (16.7%) home sellers dropped their asking price in August, up from 15.9% one year earlier. According to data from Redfin, this marked the highest share for August in records dating back to 2012. The typical home that sold in August went for 3.8% less...
Toronto Home Sales and Listings Rise While Prices Drop

Toronto Home Sales and Listings Rise While Prices Drop

by Phil Hall | Oct 3, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A total of 5,592 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in September, an 8.5% year-over-year increase. This occurred with a 4% year-over-year uptick of new listings into the MLS System, resulting in a total of...
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