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Chinese Nationals Sue to Block Texas Law Banning Foreign Ownership of Property

Chinese Nationals Sue to Block Texas Law Banning Foreign Ownership of Property

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Two Chinese citizens have filed a federal lawsuit to block a new Texas law designed to prohibit nationals of several countries from buying or leasing property in the state. The Houston Chronicle reports Peng Wang and Qinlin Li, Chinese nationals with visas, are...
Texas AG Paxton Accuses Rival of Planting ‘Fake’ Story on Mortgage Fraud

Texas AG Paxton Accuses Rival of Planting ‘Fake’ Story on Mortgage Fraud

by Phil Hall | Jul 25, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Texas Attorney General Ken Paxton is blaming his political rival, US Sen. John Cornyn (R-TX), of being behind a news story accusing Paxton and his now-estranged wife Angela of mortgage fraud. The Associated Press broke the story claiming the Paxtons owned three homes...
Development Promoted as ‘First Solar Town’ Planned for Houston Area

Development Promoted as ‘First Solar Town’ Planned for Houston Area

by Phil Hall | Jul 25, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

ASC Global Inc., a Bradenton, Florida-based subsidiary of Token Communities (OTC: TKCM) announced it is moving forward with plans to build its APOZ Project (Asia Pacific Opportunity Zone), which is being promoted as the nation’s first solar town. The APOZ Project is...
Q2 Home Sales in Texas Up 1.4%

Q2 Home Sales in Texas Up 1.4%

by Phil Hall | Jul 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed sales across Texas during the second quarter totaled 95,364, a year-over-year uptick of 1.4%. According to data from Texas Realtors, closed sales were up in 16 of the state’s metro areas and down in 10. Statewide, active listings increased 27.8% from the same...
Founders Development Company Unveils New Texas Multifamily Development

Founders Development Company Unveils New Texas Multifamily Development

by Phil Hall | Jul 15, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Founders Development Company has announced its latest multifamily development project will be RailRoad Lofts. a part of the master-plan Railhead Addition in Cleburne, Texas. According to the company, the project will be a mixed-use project featuring townhomes,...
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