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Rock Icon John Fogerty Lists Thousands Oaks Mansion for $20 Million

Rock Icon John Fogerty Lists Thousands Oaks Mansion for $20 Million

by Phil Hall | Jul 6, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Legendary rock star John Fogerty won’t be singing “doo, doo, doo, lookin’ out my back door” at his Thousand Oaks, California-based mansion much longer – the Creedence Clearwater Revival singer has listed the property for $19.995 million. TMZ broke the news that...
Toronto Home Sales and Average Selling Price Up Year-Over-Year

Toronto Home Sales and Average Selling Price Up Year-Over-Year

by Phil Hall | Jul 6, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Last month’s home sales and the average selling price in the Greater Toronto Area (GTA) were above last year’s levels, according to data from GTA Realtors. The GTA market recorded 7,481 sales through the Toronto Regional Real Estate Board’s (TRREB) MLS System, up...
Mortgage Rates Continue to Soar

Mortgage Rates Continue to Soar

by Phil Hall | Jul 6, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates were on the upswing again, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.81% as of July 6, up from last week when it averaged 6.71%. A year ago at this time, it averaged...
Redfin: Average Home Is Selling Above Its Asking Price Again

Redfin: Average Home Is Selling Above Its Asking Price Again

by Phil Hall | Jul 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average sale-to-list price ratio hit 100.1% during the four weeks ending July 2, according to new data from Redfin (NASDAQ:RDFN). This marks the first time since last August that the average home was selling for more than its asking price. Redfin also noted the...
Mortgage Application Activity Goes Into Decline

Mortgage Application Activity Goes Into Decline

by Phil Hall | Jul 6, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity last week experienced a downturn, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down 4.4% on a seasonally adjusted basis...
KeyBank Launches New Program to Help Homebuyers with Closing Costs

KeyBank Launches New Program to Help Homebuyers with Closing Costs

by Phil Hall | Jul 6, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cleveland-headquartered KeyBank (NYSE: KEY) has launched KeyBank Neighbors First Credit, the third in its series of Special Purpose Credit Programs designed to help borrowers achieved homeownership. According to the company, KeyBank Neighbors First Credit is designed...
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