Report: Sales of Newly Built Homes at 4-Year Low

by Phil Hall | Oct 29, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Newly built homes accounted for 26.8% of single-family homes for sale nationwide in August, according to a new data report from Redfin. This is down from 28.2% one year ago and 30.6% two years prior, and it also marked the lowest level in four years. Redfin attributed...

Mortgage Application Activity Rebounds After 4 Weeks in Decline

by Phil Hall | Oct 29, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

After four consecutive weeks of declining momentum, mortgage application activity perked up for the week ending Oct. 24, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...

Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes

by Phil Hall | Oct 29, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Another property tax relief proposal has been put forth in the Florida legislature, this time with the goal to eliminate nearly all property taxied levied across the state. Newsweek reports State Rep. Kevin Steele, a Republican, has offered HJR 201, which would exempt...

Mortgage Cadence Acquired by Enterprise Software Group PartnerOne

by Phil Hall | Oct 29, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The enterprise software group PartnerOne entered into an agreement with Accenture to acquire Mortgage Cadence, a provider of cloud-based digital lending solutions. In a press statement, PartnerOne identified itself as a firm that “acquires software companies with...

Tel Aviv Stock Exchange to Launch New Index for Israel’s Top Real Estate Companies

by Phil Hall | Oct 29, 2025 | Current News & Events, International Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

The Tel Aviv Stock Exchange (TASE) announced a new equity index, the TA-Real Estate 35 index focused on Israel’s major real estate companies, will debut on Nov. 9. The index is restricted to the 35 largest real estate shares by market capitalization, selected from the...