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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...
Cherokee Nation Bans Hyperscale Data Center Development on Tribal Land

Cherokee Nation Bans Hyperscale Data Center Development on Tribal Land

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

The Cherokee Nation has implemented a ban on hyperscale data center development on tribally owned and trust lands. The tribe’s ruling follows the release of the Principal Chief’s Data Center Task Force Report, which analyzed the economic and environmental impacts of...
Tri Pointe Homes to Launch Sales at New North Carolina Townhome Community

Tri Pointe Homes to Launch Sales at New North Carolina Townhome Community

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

Tri Pointe Homes has announced that its new North Carolina townhome community, The Townes at Willow Park, will open for sales on Oct. 5. Located in Cary with access to Research Triangle Park and Raleigh-Durham International Airport, the community will feature 134...
Report: Renting a Starter Home is Cheaper Than Buying in the 50 Largest Metro Areas

Report: Renting a Starter Home is Cheaper Than Buying in the 50 Largest Metro Areas

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

Renting a starter home remains less expensive than buying in all 50 of the nation’s largest metropolitan areas, according to a new report from Realtor.com. Across the 50 largest metros, the monthly cost of buying a starter home was $2,553 in July. The national...
Redfin Listings Now Include Local Childcare Information

Redfin Listings Now Include Local Childcare Information

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

Redfin has partnership with Winnie, a marketplace for childcare and early education, enables the brokerage to add local childcare information to every for-sale home listing on its platform. According to the Seattle-based company, platform users can view daycare and...
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