Fewer Foreign Buyers Acquiring US Existing Homes

by Phil Hall | Jul 29, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Foreign buyers seem to be losing interest in buying American existing homes, according to data compiled by the National Association of Realtors (NAR). From April 2025 to March 2026, foreign buyers purchased $45.3 billion in US existing homes. This marked a 19.1%...

Sotheby’s International Realty Expands to Vietnam

by Phil Hall | Jul 29, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Sotheby’s International Realty has expanded its presence into Vietnam, marking the brand’s 18th office in Asia. Vietnam Sotheby’s International Realty is headquartered in Ho Chi Minh City and will represent luxury residential properties and...

Lawsuit Seeks to Rewrite Ballot Language on Florida’s Property Tax Amendment

by Phil Hall | Jul 29, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

A judge in Leon County, Florida, is scheduled to hear a legal challenge over Amendment 3, the ballot measure that would alter the state’s property tax structure. BayNews9.com reports the lawsuit is not trying to void the amendment but instead seeks to change the...

Mortgage Application Activity Down by 6.4%

by Phil Hall | Jul 29, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed down during the week ending July 24, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 6.4% on a seasonally adjusted basis...

Ken Griffin Acquires Historic Cottage That Blocked the Development of His New HQ Campus

by Phil Hall | Jul 29, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Hedge fund executive Ken Griffin has secured the final parcel that allows him to proceed with the full-block site for his company’s future downtown Miami headquarters. The Miami Herald reports that city commissioners approved a no-bid sale of the historic 121-year-old...