Hits and Misses for the Real Estate Week of Feb. 16-20

by Phil Hall | Feb 20, 2026 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, WRE News Exclusive

A proposed property tax hike in New York City, a California lawmaker fighting for homeowner insurance rights, and a hotel executive forced out of his job because of a toxic friend. From the wild and wooly world of real estate, here are our Hits and Misses for the week...

Home Builders Renew Exemption Call on Building Materials as Trump Plans Global 10% Tariff

by Phil Hall | Feb 20, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) renewed its call to exempt building materials from his renewed tariff targeting after the Supreme Court voted 6-3 to reject President Trump’s expanded use of the International Emergency Economic Powers Act (IEEPA) for...

Drop in Pennsylvania Home Sales and Prices Blamed on Severe Winter Weather

by Phil Hall | Feb 20, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bitter wintry weather was blamed for a drop in home sales and prices in Pennsylvania during January, according to data from the Pennsylvania Association of Realtors (PAR). Last month, Pennsylvania home sales decreased to 4,560, down 45% from December and down nearly...

New York State Home Sales Declined 7.5% in January

by Phil Hall | Feb 20, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York State recorded 7,304 closed home sales in January, a 7.5% decline from the 7,893 homes sold one year earlier. According to data from the New York State Association of Realtors, pending home sales were also down last month, falling 5.5% from 6,321 homes under...

Senator Warren Leads Democrats in Accusing DOJ of ‘Corruption’ in Approving Compass-Anywhere Merger

by Phil Hall | Feb 20, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Senator Elizabeth Warren (D-MA) is leading a group of 18 Democratic lawmakers accusing Attorney General Pam Bondi of “corruption” for her department’s approval of the merger of Compass Inc. with Anywhere Real Estate. In a letter to Bondi, Warren and her Capitol Hill...