Vietnam Bank to Auction Assets of Convicted Real Estate Mogul Behind Nation’s Largest Fraud Case

by Phil Hall | Mar 17, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Vietnamese bank at the center of that nation’s largest fraud case is preparing to auction a portfolio of assets belonging to convicted real estate tycoon Truong My Lan. The Japan Times is reporting Saigon Commercial Bank is planning to hire an auction firm to...

Florida Home Sales Up While Prices Decline

by Phil Hall | Mar 16, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 18,379 closed sales of single-family homes was recorded in Florida during February, up 3.9% year-over-year, while existing condo-townhouse sales totaled 7,060, up 8.6% year-over-year. According to data from Florida Realtors, new pending sales increased...

Builder Confidence Inches Up Very Slightly

by Phil Hall | Mar 16, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes inched up by one point to 38 in March, following a revised upward one-point revision in February, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)....

Bing Crosby’s Former Northern California Estate Relisted 9 Months After Selling at a Discount

by Phil Hall | Mar 16, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Northern California estate that was once the home of Oscar-winning singer and actor Bing Crosby has been listed for sale at $28.9 million, nine months after it sold for $25 million. When the property sold last June, it was marked down from its original asking...

Canadian Housing Starts Up During February

by Phil Hall | Mar 16, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Housing starts for all areas in Canada increased 4.5% in February (250,900 units) compared to January (240,148 units), according to new data from the Canada Mortgage and Housing Corporation (CMHC). Actual housing starts were up 10% year-over-year in centers with a...