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Mortgage Rates Inch Down

Mortgage Rates Inch Down

by Phil Hall | Apr 9, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates declined for the first time in six weeks, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.37% as of April 9, down from last week when it averaged 6.46%. A year ago at...
White House Claims Powell ‘Signaled’ He Will Leave the Fed When New Chairman Arrives

White House Claims Powell ‘Signaled’ He Will Leave the Fed When New Chairman Arrives

by Phil Hall | Apr 9, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The White House is claiming that Federal Reserve Chairman Jerome Powell is willing to leave the central bank’s Board of Governors after his term expires, although Powell has never made any public comment to support that notion. In an interview this morning on Fox...
Report: A Record 34% of February Home Sellers Reduced Their Listing Prices

Report: A Record 34% of February Home Sellers Reduced Their Listing Prices

by Phil Hall | Apr 9, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More than one-third (34.2%) of home sellers lowered their listing price during February, according to a new data report from Redfin. This marked the highest February share in records dating back to 2012. One year ago, 31.5% of sellers reduced their prices. Sellers who...
Property Tax on Average Single-Family Home Increased 3% in 2025

Property Tax on Average Single-Family Home Increased 3% in 2025

by Phil Hall | Apr 9, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average single-family home, with an estimated value of $494,231, generated $4,427 in taxes during 2025, a 3% year-year-over increase, according to new data from ATTOM. Last year, $396.8 billion in property taxes were levied on more than 89.6 million single-family...
TikTok Account Impersonates Atlanta Realtors to Defraud Renters

TikTok Account Impersonates Atlanta Realtors to Defraud Renters

by Phil Hall | Apr 9, 2026 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Realtors in the Atlanta metro market are being impersonated by a TikTok account that tries to shakedown unsuspecting renters with upfront fees for properties they do not represent. Atlanta News First reports at least two realtors had their photos and videos taken...
Ground Broken on New Affordable Housing Development in Columbus, Ohio

Ground Broken on New Affordable Housing Development in Columbus, Ohio

by Phil Hall | Apr 9, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Lincoln Avenue Communities (LAC), an acquirer and developer of affordable housing, broke ground on Landmark on Scioto, a new 321-unit affordable housing community in Columbus, Ohio. The 44.5-acre build-to-rent development is LAC’s first ground-up construction...
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