Delaware Homebuyer Loses $2.2 Million in Real Estate Closing Scam

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

A Delaware homebuyer has filed a lawsuit in federal court after losing $2.2 million in a real estate closing scam. WBOC reports Johanna Berkowitz was buying a luxury property in Dewey Beach, Delaware, with a closing scheduled for Nov. 21, 2025. Two days before the...

Kentucky Considers Freeze on Property Tax Increases for Seniors

by Phil Hall | Feb 17, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kentucky legislators are considering a proposed constitutional amendment that would freeze property tax increases for homeowners 65 and older. WDRB reports Senate Bill 51 does not exempt seniors from property taxes but would lock the taxable value of the property from...

Report: Hawaii Offers Lowest Real Estate Tax Rate, New Jersey Burdened with the Highest Rate

by Phil Hall | Feb 17, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Hawaii leads the nation with the lowest real estate tax rate while New Jersey is weighed down with the highest rate, according to a new data report by WalletHub. In an analysis of the 50 states and the District of Columbia, WalletHub found Hawaii has an effective real...

Report: Fewer Homebuyers Making All-Cash Purchases, Using FHA Loans

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

Less than three in 10 homebuyers (29%) bought a home in an all-cash transaction in December, according to a data report from Redfin. This is down from 30.3% a year earlier and the lowest December share since 2020. The peak for all-cash homebuying was nearly 35% in...

Chinese Company Forced to Divest Land Near Utah Military Bases

by Phil Hall | Feb 16, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A Chinese company with ties to the Chinese Communist Party was forced to sell land it owned near two military installations in Utah. The Epoch Times reports Mitime Utah Investment LLC received a letter from the state last November ordering it divest the property, a...