Walgreens Reveals Closing Chicago Store Suffered Million-Dollar Loss Amid High Theft Rates

by Phil Hall | May 11, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Walgreens revealed the store it is closing on Chicago’s South Side lost more than $1 million last year due to high theft rates and declining prescription sales. Fox 32 Chicago reports executives from the pharmacy chain met with residents to explain their decision to...

Existing Home Sales Inch Up by 0.2%

by Phil Hall | May 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales during increased squeaked up by 0.2% from March, according to the National Association of Realtors (NAR). There was no change from the volume of sales recorded one year earlier. Month-over-month sales increased in the Midwest and the South, were...

Redfin Listings Now Include Sunscore, a Property-Level Analysis of Natural Light

by Phil Hall | May 11, 2026 | Current News & Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Redfin announced the US debut of Sunscore, a property-level score that informs prospective buyers how much natural light a residential property receives. The launch marks an exclusive US partnership with the Austrian company Shadowmap, which developed Sunscore’s...

New Platform Tracks Remodeling Activity by State

by Phil Hall | May 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) has rolled out the State Projections of Remodeling (SPR), a new platform that will present quarterly analysis of remodeling activity for each state based on total dollar volume, market share and change in remodeling...

Trump Administration Reaches Agreement on DC-Based Public Golf Courses

by Phil Hall | May 11, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The Department of the Interior announced an agreement that provides National Links Trust (NLT) with a new long-term lease at Langston Golf Course and Rock Creek Park Golf in Washington, DC, while enabling the organization to continue operating East Potomac Golf Links...