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NYC Rents Soared in Month Before Mamdani’s Election

NYC Rents Soared in Month Before Mamdani’s Election

by Phil Hall | Nov 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City’s rents continued to soar in the month before Democratic Socialist Zohran Mamdani was elected mayor. According to new data from Miller Samuel Inc. and Douglas Elliman, the median rent for all new Manhattan apartment leases in October was $4,600, up by...
California Realtors Back Assumable Mortgage Idea

California Realtors Back Assumable Mortgage Idea

by Phil Hall | Nov 14, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The California Association of Realtors (CAR) voiced its support of enabling homebuyers to assume Fannie Mae and Freddie Mac-backed fixed-rate mortgages. Bill Pulte, the director of the Federal Housing Finance Agency, used his personal X account last week to declare...
Former NYC Home of Lena Horne Listed for $1.2 Million

Former NYC Home of Lena Horne Listed for $1.2 Million

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

The former New York City home of the iconic singer and actress Lena Horne has been listed for the first time in more than 20 years for $1.2 million. Mansion Global reports the 2,276-square-foot Tudor-Style house in the Addisleigh Park section of the St. Albans...
Nationwide Median Price Up Slightly During October

Nationwide Median Price Up Slightly During October

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

October’s nationwide median sale price of $385,000 was up by $5,000 or 1.3% from one year earlier, according to data from Homes.com, a division of CoStar Group (NASDAQ: CSGP). Month-over-month, the price inched up by a mild 0.4%. The peak recorded price was $395,000...
Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month

Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month

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

A total of 36,766 residential properties in October had foreclosure filings— default notices, scheduled auctions or bank repossessions — up 3% from the prior month and up 19% from one year earlier. According to data from ATTOM, this marks the eighth consecutive month...
Wolf Valley Homes Launches Program to Encourage Homeownership for Veterans

Wolf Valley Homes Launches Program to Encourage Homeownership for Veterans

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

Wolf Valley Homes, a Texas-based builder of tiny homes and small cabins, has launched its Veterans Homeownership Program, an initiative designed to make owning a tiny home more accessible for veterans, active-duty service members, and their families across Texas,...
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