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Maine Home Sales Rise as Prices Ease

Maine Home Sales Rise as Prices Ease

by Phil Hall | Oct 28, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1,582 single-family existing homes were sold during September in Maine, a 5.12% increase from the 1,505 transactions that occurred one year earlier. According to data from the Maine Association of Realtors, the median sales price during September was...
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks

Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks

by Phil Hall | Oct 28, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An $8 billion Vantage data center planned for Port Washington, Wisconsin, could enjoy more than $450 million in local property tax breaks plus an exemption from state sales taxes. The Center Square reports the proposed facility is estimated to be valued at over $2.1...
Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper

Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper

by Phil Hall | Oct 28, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Do you recall the TV sitcom “The Jeffersons” with a family that was “moving on up to a deluxe apartment in the sky”? Well, the Saudi Arabian organizers of the 2034 World Cup are going one better – they’re moving on up to a deluxe soccer stadium in the sky. AS USA...
Messaging Feature Added to Zillow App

Messaging Feature Added to Zillow App

by Phil Hall | Oct 28, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Zillow (NASDAQ: Z, ZG) has introduced a messaging feature to its app that enables buyers and their co-shoppers to chat, share listings and stay coordinated. According to the company, each listing conversation is organized in a single thread, reducing the need for...
New York State Launches Housing Accelerator Fund

New York State Launches Housing Accelerator Fund

by Phil Hall | Oct 27, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York Gov. Kathy Hochul has unveiled the Housing Acceleration Fund, a $215 million program designed to speed up construction of shovel-ready mixed-income residential projects across her state. The new fund will be administered by New York State Homes and Community...
Joint Venture Acquires Sotherly Hotels REIT

Joint Venture Acquires Sotherly Hotels REIT

by Phil Hall | Oct 27, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The real estate investment trust Sotherly Hotels Inc. (NASDAQ: SOHO) announced that KW Kingfisher, a joint venture involving affiliates of Kemmons Wilson Hospitality Partners LP (KHWP) and Ascendant Capital Partners LP, will acquire all outstanding shares of Sotherly...
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