Texas Realtor Opens Garage Door and Falls Into a 5-Foot-Deep Hole

by Phil Hall | Jul 28, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

A Texas realtor conducting a home tour had an unexpected and unwelcomed surprise when she opened the residence’s garage door, stepped inside, and fell into a five-foot-deep hole. According to Newsweek, Victoria D. Kelderman was showing a property in Lewisville, Texas,...

Ex-Massachusetts State Police Sergeant Receives Probation for Loan Fraud Tied to His Real Estate Business

by Phil Hall | Jul 28, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

A retired sergeant for the Massachusetts State Police was sentenced for fraudulently obtaining a Paycheck Protection Program (PPP) loan for his real estate business. Damian Halfkenny was sentenced to one year of probation and ordered to pay a fine of $5,000,...

Florida’s Fraternal Order of Police Opposes Property Tax Amendment

by Phil Hall | Jul 28, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Florida chapter of the Fraternal Order of Police has become the latest organization to publicly oppose Amendment 3, November ballot referendum that would expand the homestead exemption for non-school property taxes. WUWF reports the organization cited potential...

Paul Chung Joins SJP Properties as Head of Acquisitions

by Phil Hall | Jul 28, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

SJP Properties, a New York City-based real estate developer and property manager, has hired Paul Chung as head of acquisitions. In his new role, Chung will focus on the acquisition and development of Class-A office and industrial buildings, residential properties, and...

NYC Median Asking Rent Hits New Record High

by Phil Hall | Jul 28, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking rent in New York City soared to a new record high of $3,707 in the second quarter, up by $164 or 4.6% year-over-year, according to a data report from Realtor.com. The median asking rent for New York City units with zero to two bedrooms rose 7.3%...