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Texas Real Estate Investor Pleads Guilty to $69.5 Million Fraud Scheme

Texas Real Estate Investor Pleads Guilty to $69.5 Million Fraud Scheme

by Phil Hall | Feb 19, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Texas real estate investor behind a $69.5 million fraud scheme pleaded guilty in federal court to one count of wire fraud. Devin Ward Elder was the founder and CEO of the San Antonio-based investment firm DJE Texas Management Group LLC, which was formed in March...
Report: Vacant Residential Property Rate Held Steady in Q1

Report: Vacant Residential Property Rate Held Steady in Q1

by Phil Hall | Feb 19, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from ATTOM found 1.33% of US residential properties, or nearly 1.4 million homes, were vacant during the first quarter of this year. That was essentially the same level as the 1.32% rate from both the previous quarter and the first quarter of 2025....
Mortgage Applications on New Home Purchases Up During January

Mortgage Applications on New Home Purchases Up During January

by Phil Hall | Feb 19, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases during January were up by 19% from the prior month and up by 2% from one year earlier, according to data from the Mortgage Bankers Association (MBA). MBA estimated new single-family home sales were running at a seasonally...
Gregg Metcalf Joins Cushman & Wakefield as Executive Director

Gregg Metcalf Joins Cushman & Wakefield as Executive Director

by Phil Hall | Feb 19, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Cushman & Wakefield (NYSE: CWK) has hired Gregg Metcalf as executive director. Metcalf will be based in the company’s Atlanta office and brings more than 30 years of experience that encompassed advising private, corporate and institutional clients on complex real...
Chris Lim Promoted to President at REMAX

Chris Lim Promoted to President at REMAX

by Phil Hall | Feb 19, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

REMAX has announced the promotion of Chris Lim to president, adding to his existing role of chief growth officer. Lim joined REMAX in February 2025, and in his new role he will oversee the REMAX global network. He will continue reporting directly to REMAX CEO Erik...
Maine Home Sales Slowed but Not Stopped by January’s Bitter Winter Weather

Maine Home Sales Slowed but Not Stopped by January’s Bitter Winter Weather

by Phil Hall | Feb 19, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The uncommonly severe winter weather in Maine slowed but didn’t stop the local housing market, as 778 single-family existing homes changed hands in January, a 9.53% decline from one year earlier. According to the Maine Association of Realtors, the decline in sales was...
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