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Property Tax Measure Added to North Carolina’s November Ballot

Property Tax Measure Added to North Carolina’s November Ballot

by Phil Hall | May 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The North Carolina Senate has approved a resolution that will enable voters to decide if they should change the state constitution to limit the ability by local governments to raise property taxes. MyFox8 reports the property tax measure on the November ballot will...
Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike

Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike

by Phil Hall | May 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania’s $315,000 median home sales price in April marked its third consecutive year-over-year surge. According to data from the Pennsylvania Association of Realtors (PAR), this marked a 7.4% increase from April 2025 and a 5% upswing from March. Median home sale...
Isaac Henderson Joins The Hudson Companies as Principal and Co-Head of Development

Isaac Henderson Joins The Hudson Companies as Principal and Co-Head of Development

by Phil Hall | May 21, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Hudson Companies, a real estate developer focused on the New York City metro area, has hired Isaac Henderson as principal and co-head of development. In his new job, Henderson will oversee Hudson’s mixed-use portfolio, across affordable and market-rate housing....
Mortgage Rates Rise to 9-Month High

Mortgage Rates Rise to 9-Month High

by Phil Hall | May 21, 2026 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates rose to their highest level since August, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.51% as of May 21, up from last week when it averaged 6.36%. A year ago at this...
Zombie Foreclosure Rate Increased During Q2

Zombie Foreclosure Rate Increased During Q2

by Phil Hall | May 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Approximately 1.4 million homes, or 1.3% of US residential properties, were vacant in the second quarter of the year. According to new data from ATTOM, that percentage was unchanged from both the first quarter and from the second quarter of 2025. Out of the national...
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