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California Median Home Price Sets New Record

California Median Home Price Sets New Record

by Phil Hall | May 19, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s median home price hit a new record in April at $914,810, marking the first time the median price has crossed the $900,000 threshold since May 2025. The previous record high was set in April 2025 with $910,160. According to the California Association of...
The Agency Opens Third Location in Nevada

The Agency Opens Third Location in Nevada

by Phil Hall | May 19, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The real estate brokerage The Agency announced the opening of its third office in Nevada. The Agency Incline Village is led by Managing Partners Zar Zanganeh (who also heads The Agency’s Las Vegas and Reno offices) and Jenna Rose Madrid, an Incline Village...
A Phil Hall Op-Ed: The Wall Street Journal’s Strange Coverage of the Home Building Industry

A Phil Hall Op-Ed: The Wall Street Journal’s Strange Coverage of the Home Building Industry

by Phil Hall | May 19, 2026 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: The humorist Will Rogers once wisecracked, “All I know is just what I read in the papers, and that’s an alibi for my ignorance.” I was reminded of Rogers’ classic comment while reading a pair of recent Wall Street Journal articles regarding...
Study: Only 4.5% of Gen Zers are Homeowners

Study: Only 4.5% of Gen Zers are Homeowners

by Phil Hall | May 19, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only 4.5% of today’s Gen Z demographic are homeowners, compared with 73.1% of baby boomers. According to a new data study from Clever Real Estate, the 68.6% difference marks the largest generational homeownership gap ever recorded. The new study observed that while...
Down Payment Levels at 4-Year Low

Down Payment Levels at 4-Year Low

by Phil Hall | May 19, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical down payment during the first quarter was $23,400, a 19% decline from one year before. According to new data from Realtor.com, this marked the fourth consecutive quarterly decline in down payments and the lowest level since 2021. And while it was above the...
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