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Active Listings in Washington, DC Metro Area Up 25.1% from Last Year

Active Listings in Washington, DC Metro Area Up 25.1% from Last Year

by Phil Hall | May 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Active listings of homes in Washington, DC metro area shot up by 25.1% year-over-year during the four weeks ending April 27, according to data from Redfin (NASDAQ: RDFN). This marked the highest level of home for sale in that market since 2022. By comparison, active...
Roughly One-Third of Non-Homeowners Don’t Expect to Buy a Home in the Next Five Years

Roughly One-Third of Non-Homeowners Don’t Expect to Buy a Home in the Next Five Years

by Phil Hall | May 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly one-third (30%) of Americans who do not own a home doubt that they will buy one within the next five years, according to a new Gallup poll, 23% do not believe they will achieve homeownership in the next 10 years and 45% said it would not happen for the...
Lennar Opens New 55+ Master-Planned Community in South Carolina

Lennar Opens New 55+ Master-Planned Community in South Carolina

by Phil Hall | May 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Lennar Corp. (NYSE: LEN) announced the grand opening of Roselyn, a new 55+ master-planned community in Lancaster, South Carolina. Roselyn encompasses three of Lennar’s single-story collections – Garden, Blossom and Primrose – with home designs...
FHFA’s Pulte Reveals North Korean and Chinese Nationals Working in the GSEs

FHFA’s Pulte Reveals North Korean and Chinese Nationals Working in the GSEs

by Phil Hall | May 7, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The government-sponsored enterprises (GSEs) of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) have a curious human resources problem – agents from North Korea and China were discovered working for them. Bill Pulte, director of the Federal Housing Finance...
No Laughing Matter: Jim Carrey Cuts Price Again on LA Estate

No Laughing Matter: Jim Carrey Cuts Price Again on LA Estate

by Phil Hall | May 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Funnyman Jim Carrey has grimly shaved $1 million off the listing price of his Los Angeles estate that has been repeatedly discounted since going on the market two years ago. Mansion Global reports Carrey’s Brentwood property is now being priced at $18.75 million after...
Mortgage Application Activity Rebounds with 11% Upswing

Mortgage Application Activity Rebounds with 11% Upswing

by Phil Hall | May 7, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity picked up with new gusto for the week ending May 2, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11% on a seasonally adjusted...
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