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Luxury Home Prices Rise While Pending Sales Activity Slows

Luxury Home Prices Rise While Pending Sales Activity Slows

by Phil Hall | May 27, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical luxury home sold for a near-record $1.34 million in April, according to data from Redfin (NASDAQ: RDFN). While this is up 6.5% from one year ago, pending sales of luxury homes in April fell 9.9% year-over-year, the largest annual decline since August 2023...
California Developer Charged by DOJ and SEC with Defrauding Investors

California Developer Charged by DOJ and SEC with Defrauding Investors

by Phil Hall | May 27, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A California real estate developer is facing charges from the US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) for defrauding hundreds of investors. According to the nine-count DOJ indictment, Kenneth W. Mattson was the president of...
New Reports Highlight Best Cities for New College Graduates and for Raising Families

New Reports Highlight Best Cities for New College Graduates and for Raising Families

by Phil Hall | May 27, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data studies have identified metro areas that respectively best serve new college graduates looking for their first rental housing and for households seeking to raise their children. Realtor.com released its 2025 list of the Top Rental Markets for Recent...
FHFA’s Pulte Calls on Powell to Lower Rates

FHFA’s Pulte Calls on Powell to Lower Rates

by Phil Hall | May 27, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Director Bill Pulte has taken an unprecedented move in openly calling on Federal Reserve Chairman Jerome Powell to lower rates. In a posting on his personal X account – which he now mostly uses for FHFA messaging – Pulte wrote,...
Chinese Buyers Top Global Web Searches for South Florida Real Estate

Chinese Buyers Top Global Web Searches for South Florida Real Estate

by Phil Hall | May 27, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Chinese property buyers are paying an increased level of interest in South Florida real estate, according to a new report by the Miami Association of Realtors. During April, the greatest number of global web searches in this Sunshine State market (13.3%) originated...
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