California Home Sales Rebounded in September

by Phil Hall | Oct 15, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 277,410 closed escrow sales of existing, single-family detached homes was recorded in California in September, a 5% jump from the 264,240 homes sold in August and a 6.6% spike from the 260,340 homes sold in September 2024. According to the California...

CVS Pharmacy Completes Acquisition of Rite Aid Assets

by Phil Hall | Oct 15, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

CVS Pharmacy has completed its acquisition of select assets of the now-defunct Rite Aid pharmacy chain. According to the Woonsocket, Rhode Island-headquartered company, it is now operating 63 former Rite Aid and Bartell Drugs stores in Idaho, Oregon and Washington and...

Report: HUD Lays Off Nearly 500 Employees

by Phil Hall | Oct 15, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Department of Housing and Urban Development (HUD) has alerted nearly 500 employees that they will be laid off in December. Bloomberg reports the termination notices were sent last week, with most of the layoffs based in HUD’s Office of Fair Housing and Equal...

Texas Veterans Seek Expanded Property Tax Relief for Purple Heart Recipients

by Phil Hall | Oct 15, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A veterans group in Corpus Christi, Texas, are seeking to revive legislation that would offer full property tax exemptions to all Purple Heart recipients in their state, even if they do not meet the Department of Veterans Affairs’ 100% disability threshold. KRISTV.com...

Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern

by Phil Hall | Oct 15, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey of Gen Z Americans found one in five (16%) members of this youthful demographic declaring housing affordability to be one of their greatest concerns in life. The new Realtor.com survey, which polled 1,000 adults between the ages of 18-27, found 82% of...