Mortgage Application Fraud Risk Trended Higher in Q2

by Phil Hall | Aug 6, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

An estimated one in 119 mortgage applications submitted during the second quarter had indications of fraud, according to the latest Cotality National Mortgage Application Fraud Risk Index report. The index now has a reading of 132, up by 11 points or 9.1% from the...

California Records Q2 Decline in Housing Affordability

by Phil Hall | Aug 6, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing affordability in California declined in the second quarter after reaching a four-year high in the previous quarter, according to data from the California Association of Realtors (CAR). During the second quarter, 19% of the state’s homebuyers could afford...

Las Vegas Home Prices Decline After Posting Record High

by Phil Hall | Aug 6, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Las Vegas home prices retreated in July from the record high set in May and June, according to data from Las Vegas Realtors. The median price of a single-family home sold last month in Southern Nevada was $480,000. This marked a 2% drop from the peak price of $490,000...

The NRP Group Breaks Ground on Multifamily Community in Columbus, Ohio

by Phil Hall | Aug 6, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The NRP Group announced the groundbreaking of OSU East, a 336-unit upscale housing community in Northwest Columbus, Ohio. The new community is the developer’s first market-rate community in Columbus. The project is situated on a 27.5-acre site that will include an...

Private Island on British Columbia’s Sunshine Coast Sells for $13 Million

by Phil Hall | Aug 6, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Sotheby’s International Realty Canada announced the sale of Turnagain Island, a private 93-acre island estate on British Columbia’s Sunshine Coast, for $13 million. According to the brokerage, this is the highest-value residential property transaction recorded on the...