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Foreclosure Filings Down Month-Over-Month But Continue Rising Year-Over-Year

Foreclosure Filings Down Month-Over-Month But Continue Rising Year-Over-Year

by Phil Hall | Jun 11, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 40,355 residential properties had foreclosure filings— default notices, scheduled auctions or bank repossessions — during May, down 5% from April but up 14% from May 2025. According to data from ATTOM, lenders initiated the foreclosure process on 27,304...
Median Sold Price in Mid-Atlantic Region Hits Record High

Median Sold Price in Mid-Atlantic Region Hits Record High

by Phil Hall | Jun 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median sold price for the Mid-Atlantic region encompassed by Bright MLS reached $450,000 in May, a 3.4% year-over-year increase and the highest level on record. There were 24,153 new contracts on homes in May, a 4.5% increase from one year ago, although closed...
Alec Baldwin Tries Another Price Cut to Sell His Hamptons Estate

Alec Baldwin Tries Another Price Cut to Sell His Hamptons Estate

by Phil Hall | Jun 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alec Baldwin is back in the real estate news headlines, this time with another price cut on his 8.28-acre Hamptons mansion that no one seems interested in buying. The five-bedroom, 5.5-bathroom residence in Amagansett, New York was first listed for $29 million in 2022...
Maine Home Sales and Prices Hold Steady

Maine Home Sales and Prices Hold Steady

by Phil Hall | Jun 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Maine’s home sales and home prices held steady during May, according to new data from the Maine Association of Realtors (MAR). A total of 1,206 single-family existing homes were sold in Maine last month, with a median sold price of $425,000. Both figures were...
Buyers Paying More in Mortgage Interest Than Their Home Costs

Buyers Paying More in Mortgage Interest Than Their Home Costs

by Phil Hall | Jun 10, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A buyer who purchases the median-priced home today with 20% down will pay $413,700 in interest over a 30-year mortgage at the current 6.53% rate, according to a data report from Best Interest Financial and Clever Real Estate. However, that sum is $10,500 more than the...
ATTOM Debuts ResiScore, AI-Powered Tool for Neighborhood Ranking Data

ATTOM Debuts ResiScore, AI-Powered Tool for Neighborhood Ranking Data

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

The real estate data provider ATTOM has introduced ResiScore, an AI-powered neighborhood intelligence tool designed to rank residential areas based on projected housing market performance. ResiScore assigns each residential census tract a 1 to 100 percentile ranking...
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