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Homeowners Face 73% Spike in Mortgage Payments If They Move

Homeowners Face 73% Spike in Mortgage Payments If They Move

by Phil Hall | Dec 9, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical mortgage holder pays roughly $1,300 in principal and interest per month, according to a new data report from Realtor.com. However, to purchase a typical home in today’s market, these homeowners would need to make a monthly payment of nearly $2,236,...
Mortgage Credit Availability Increases for Fifth Straight Month

Mortgage Credit Availability Increases for Fifth Straight Month

by Phil Hall | Dec 9, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability was on the rise during November, according to the Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). The MCAI rose by 0.7% to 107.5 in November; the index was benchmarked to 100 in March 2012. The...
Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage

Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage

by Phil Hall | Dec 9, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ: REAX) announced that Southern California real estate leader Freeman Wang and his 50-agent team have joined Real through Harvest Realty, which operates under Real’s Private Label program. Wang’s team closed 430 homes totaling $425...
North Carolina House Leader Creates Committee to Devise Property Tax Reforms

North Carolina House Leader Creates Committee to Devise Property Tax Reforms

by Phil Hall | Dec 9, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The growing national movement for property tax reforms is spreading to North Carolina, where a new state legislative committee has been formed to formulate strategies to alleviate the burden on homeowners. Carolina Journal reports North Carolina House Speaker Destin...
Elite International Realty Launches Retail-Focused Division

Elite International Realty Launches Retail-Focused Division

by Phil Hall | Dec 9, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Elite International Realty, a full-service real estate brokerage and consulting firm, has rolled out Retail by Elite as its newest specialized division. According to the Miami-based company, Retail by Elite will support retailers from the early development stages...
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