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Mortgage Rates Remain Flat

Mortgage Rates Remain Flat

by Phil Hall | Mar 13, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates barely inched up in this week’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.65% as of March 13, up slightly from last week when it averaged 6.63%. A year ago at this time, it averaged...
Mid-Atlantic Home Sales Slumped in February

Mid-Atlantic Home Sales Slumped in February

by Phil Hall | Mar 13, 2025 | Real Estate News, U.S. Housing Market, WRE News Exclusive

The Mid-Atlantic region recorded 12,763 closed home sales during February, according to data from Bright MLS. This is down 4.3% compared to the same time last year. There were 16,020 new pending sales in the region, down 9.1% from a year ago and the lowest February...
The Market with the Highest Potential SFR Returns Is…

The Market with the Highest Potential SFR Returns Is…

by Phil Hall | Mar 13, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New York metro area is home to highest potential returns on single-family rentals (SFR), according to a new data report from ATTOM. The report analyzed single-family rental returns in 361 counties with sufficient rental and home-price data. The analysis...
New Hampshire Home Sales Up Despite Decline in New Listings

New Hampshire Home Sales Up Despite Decline in New Listings

by Phil Hall | Mar 13, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New Hampshire recorded 612 closed home sales in February, up 5% from 583 one year ago, according to data from the New Hampshire Association of Realtors. Last month’s total of 721 pending sales was a 2% uptick from the 707 recorded in February 2024. The overall number...
Nobu Hospitality Expands into the Netherlands

Nobu Hospitality Expands into the Netherlands

by Phil Hall | Mar 13, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Nobu Hospitality, the New York City-based hotel, dining, and residence brand, has entered the Netherlands market with the launch of the Nobu Residences Park Meadows Amsterdam and Nobu Restaurant Amsterdam. The Nobu Residences Park Meadows Amsterdam will feature both...
Gladstone Investment Sells Nocturne Luxury Villas

Gladstone Investment Sells Nocturne Luxury Villas

by Phil Hall | Mar 13, 2025 | Person of the Week, Real Estate Investing, Real Estate News, WRE News Exclusive

McLean, Virginia-based Gladstone Investment Corporation (NASDAQ:GAIN) has sold its portfolio company Nocturne Luxury Villas Inc. to an affiliate of Calera Capital. According to Gladstone Investment, the company “received full repayment of its debt investment and...
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