Lawsuits Filed Against 9-Person Team Behind Texas Deed Theft Ring

by Phil Hall | Sep 10, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A nine-person Texas team that operated a series of fraudulent deed schemes has been hit with a pair of lawsuits filed by Harris County Attorney Abbie Kamin. The lawsuits detailed how the alleged fraudsters forged paperwork to acquire deeds to at least 10 homes and...

Report: Property Insurance Accounts for 9.6% of Average Mortgage Payment

by Phil Hall | Sep 10, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Property insurance accounts for 9.6% of the average monthly mortgage payment, according to the September Mortgage Monitor published by Intercontinental Exchange Inc. (NYSE: ICE). The average single-family mortgage holder now pays $209 per month for insurance, nearly...

Existing Home Sales Slowed in August Despite a Nearly 7-Year Inventory High

by Phil Hall | Sep 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales during August were down by 2.0% month-over-month and 1.2% year-over-year, according to data from the National Association of Realtors (NAR). Last month’s sales were at a seasonally adjusted annual rate of 3.98 million, which marked the first time...

Jerome Powell Sells Maryland Mansion for $7.2 Million

by Phil Hall | Sep 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Former Federal Reserve Chairman Jerome Powell is back in the news – not because of what he said, but because of what he sold. The Baltimore Business Journal reports Powell unloaded his 2-acre property on Maryland’s affluent Gibson Island last month for $7.2 million in...

Golden Gate University Sells Downtown San Francisco Campus for $31.6 Million

by Phil Hall | Sep 10, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Golden Gate University has sold its downtown San Francisco campus for $31.6 million, and the property’s new owner plans to turn the site into skyscraper. SFGate reports Dallas-based Lincoln Property Company acquired the seven-story, 236,800-square-foot campus from the...