Fate of Decaying Frank Lloyd Wright House in Chicago Uncertain After Failed Foreclosure Auction

by Phil Hall | Dec 16, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A Frank Lloyd Wright-designed residence in Chicago that has been in a state of dilapidation faces an uncertain future after its ownership was transferred to a mortgage company following a failed foreclosure auction. Artnet.com reports the Prairie style Walser House...

Utah Property Manager Sentenced on Embezzlement and Bank Fraud Charges

by Phil Hall | Dec 16, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Blake Floyd Cozzens of Cedar City, Utah, was sentenced today to 25 months’ imprisonment for wire fraud and bank fraud for embezzling money from homeowners associations (HOAs), property owners, and tenants, as well as fraudulently obtaining money from a bank and a...

Report: Median Asking Rent Down for 28th Straight Month

by Phil Hall | Dec 16, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking rent for 0–2 bedroom units fell for the 28th consecutive month on a year-over-year basis during November, according to the Realtor.com November Rental Report. The national median is now at $1,693, down $17 (or 1.0%) from last November. However, it is...

Newmark Grows Global Presence in Korea and Middle East

by Phil Hall | Dec 16, 2025 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Newmark Group Inc. (NASDAQ: NMRK) is growing its global presence with the opening of its first office in South Korea and the expansion of its team focused on the Middle East. The new South Korean office is based in the capital city of Seoul and will be led by John...

New Coalition Seeks to Protect Quartz Industry Jobs

by Phil Hall | Dec 16, 2025 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

A new national coalition has been formed on behalf of the US quartz industry. Save Quartz Jobs consists of more than 1,000 US fabricators, installers, distributors, and suppliers calling for the protection of American jobs and ensuring continued access to affordable...