Michigan House Speaker Proposes $4.7 Billion Tax on Higher-Income Services to Replace Property Taxes

by Phil Hall | Feb 25, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Michigan House Speaker Matt Hall (R-Richland Township) has proposed a nearly $5 billion per year property tax relief package that will be paid by a new, limited 6% sales tax on select services most used by tourists and high-income residents. WLNS reports Hall called...

Century Communities to Begin Sales at New South Carolina Townhome Community

by Phil Hall | Feb 25, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Century Communities Inc. (NYSE: CCS) announced it will soon begin selling residences at its latest project, Ellison Townhomes in Spartanburg, South Carolina. The new townhome community will offer 1,402-square-foot residences with three bedrooms and an...

Trump Says Tech Companies Pledged to Build Power Plants for Their Data Centers

by Phil Hall | Feb 25, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

President Trump announced that his administration has extracted a pledge from the technology companies behind the data center construction surge that they need to provide their own power for these facilities. During last night’s State of the Union address, the...

Mortgage Application Activity Remains Flat

by Phil Hall | Feb 25, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was mostly flat for the week ending Feb. 20, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by only 0.4% on a seasonally adjusted...

Kentucky Home Sales Drop Amid Spike in New Listings

by Phil Hall | Feb 25, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kentucky’s housing market started 2026 with a stumble – a total of 2,717 listings were sold during January, down 35.9% from the previous month and down 3.7% from one year earlier. According to data from Kentucky Realtors, the drop in home sales was not mirrored by the...