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California Home Sales Rise as Median Price Eases

California Home Sales Rise as Median Price Eases

by Phil Hall | Jul 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California home sales reached a seasonally adjusted annualized rate of 279,880 in June, according to data from the California Association of Realtors (CAR). This marked a 4.1% increase from the revised 268,810 homes sold in May and a 6% jump from 264,160 in June 2025....
Foreclosure Activity Surged During First Half of 2026

Foreclosure Activity Surged During First Half of 2026

by Phil Hall | Jul 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 227,548 residential properties carried foreclosure filings in the first half of this year, up 21% year-over-year. According to data from ATTOM, among states with at least 500 foreclosure filings in the first half of 2026, the largest year-over-year...
Sales Begins at New 128-Unit Jersey Shore Condo Development

Sales Begins at New 128-Unit Jersey Shore Condo Development

by Phil Hall | Jul 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A joint venture involving Lincoln Equities Group, RWN Real Estate Partners and Avenue Realty Capital have begun sales at Liora Club & Residences, a new luxury condominium development in Long Branch, New Jersey. Situated just one block from the Jersey Shore beach...
Mortgage Rates Ratchet Higher

Mortgage Rates Ratchet Higher

by Phil Hall | Jul 16, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage averaged 6.55% as of July 16, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). That marked an increase from last week when it averaged 6.49%. A year ago at this time, it averaged 6.75%. The 15-year...
Pending Home Sales Evaporated in June

Pending Home Sales Evaporated in June

by Phil Hall | Jul 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales in June were down by 5.4% from the prior month and down 0.3% from one year earlier, according to the National Association of Realtors (NAR). Month-over-month pending home sales declined in all four major regions while year-over-year pending home...
Builders Remain Pessimistic Over Single-Family Home Market

Builders Remain Pessimistic Over Single-Family Home Market

by Phil Hall | Jul 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes fell two points to 34 in July, down from an upwardly revised reading of 36 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any HMI level...
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