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New Jersey Home Sales Slump While Prices Keep Rising

New Jersey Home Sales Slump While Prices Keep Rising

by Phil Hall | Dec 26, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New Jersey recorded 4,332 single-family closed sales during November, an 8.2% decline from the 4,721 transactions recorded one year earlier. Pending sales totaled 3,999, a 7.9% drop from the 4,343 pending sales in November 2024. According to data from New Jersey...
$15 Million Allocated for Virginia Workforce Housing Investment Program

$15 Million Allocated for Virginia Workforce Housing Investment Program

by Phil Hall | Dec 26, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Gov. Glenn Youngkin announced the allocation of over $15 million in funding for the Virginia Workforce Housing Investment Program. The program provides loans, loan subsidies, and grants to support communities developing housing for homeowners and renters making 80% to...
Freddie Mac’s Christmas Gift: Mortgage Rates Continue to Decline

Freddie Mac’s Christmas Gift: Mortgage Rates Continue to Decline

by Phil Hall | Dec 24, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) reported new mortgage rate declines in the Christmas Eve edition of its Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.18% as of Dec. 24, down from last week when it averaged 6.21%. A year ago at this time, it...
Alabama Recorded Increase in Home Sales During November

Alabama Recorded Increase in Home Sales During November

by Phil Hall | Dec 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alabama experienced 5,778 homes sales in November, a scant 0.1% uptick from the prior month and a 3.8% increase from one year earlier. According to data from the Alabama Association of Realtors (AAR), the 20,725 active monthly listings at the end of November marked...
Modular Housing Provider Boxabl Receives California License as ‘Commercial Modular Manufacturer’

Modular Housing Provider Boxabl Receives California License as ‘Commercial Modular Manufacturer’

by Phil Hall | Dec 24, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Las Vegas-headquartered modular housing manufacturer Boxabl Inc. announced it has obtained a license from the State of California designating it as a “Commercial Modular Manufacturer.” According to the company, the license enables Boxabl to manufacture...
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