Utah Officials Reject Property Tax Hike Requests from 35 Cities and Taxing Entities

by Phil Hall | Oct 2, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Utah State Tax Commission has denied requests for property tax hikes from 35 cities, school districts and other entities, which collectively sought to raise nearly $50 million in property tax revenue. KSL.com reports the commission rejected the fiscal year 2026...

FICO Debuts Program to Sell Credit Scores Directly to Lenders

by Phil Hall | Oct 2, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

FICO (NYSE: FICO) has announced a new program that bypasses the three major credit bureaus and enables the direct sale of the company’s credit scores to lenders. According to the company, the FICO Mortgage Direct License Program, the mortgage credit specialists known...

Ground Broken for New 10,000-Seat Arena in Reno

by Phil Hall | Oct 2, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Reno-based Grand Sierra Resort (GSR) announced the groundbreaking on its new 10,000-seat arena that will be the future home of the University of Nevada men’s basketball team. The $435 million GSR Arena will span 300,000 square feet and seat up to 10,000 guests....

Mortgage Rates Rise for Second Straight Week

by Phil Hall | Oct 2, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates increased for the second consecutive week, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.34% as of Oct. 2, up from last week when it averaged 6.30%. A year ago...

Report: One in Five Homes Had Price Reductions in September

by Phil Hall | Oct 2, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly one in five homes carried a price reduction during September, according to new data from Realtor.com. Properties at the lower- and mid-tier and the South were the most likely to have lowered prices while luxury home prices remained steady. Homes priced between...