CoStar Group Taps Steve Price to Become President of Ten-X

by Phil Hall | Aug 18, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CoStar Group Inc. (NASDAQ: CSGP) announced that Steve Price has joined the company as president of Ten-X, the company’s digital commercial real estate auction platform. Price joins CoStar Group after 12 years in senior leadership roles at Auction.com, most...

Pending Home Sales Declined 2.3%

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales in July declined by 2.3% month-over-month and 2.2% year-over-year, according to the National Association of Realtors (NAR). Last month’s sales total was the lowest level since January. Regionally, month-over-month pending home sales declined across...

Housing Starts Plummeted in July

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in July were at a rate of 808,000, which is 9.9% below the revised June figure of 897,000, according to data from the US Census Bureau and Department of Housing and Urban Development. Privately-owned housing starts in July were at a...

Cash Purchases for Homebuying Decline Amid Stabilizing Market

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cash purchases accounted for 31.4% of home sales during the first four months of 2026, down from 32.3% in the same period last year, according to data from Realtor.com. While total home sales fell 8.5% year-over-year, the number of cash sales dropped by 11.2% as the...

Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Utah lawmakers are planning to introduce legislation that would override local zoning rules and allow single-family homes between 1,000 and 1,400 square feet to be built on smaller lots statewide. Building Salt Lake reports Steve Waldrip, senior advisor for housing...