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NYC Median Rent Up 5.4% from Last Year

NYC Median Rent Up 5.4% from Last Year

by Phil Hall | Oct 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking rent in New York City reached $3,599 during the third quarter, up 5.4% from one year ago, according to the latest NYC Rent Report from Realtor.com. The current median rent for the city’s residents is now 20.2% higher than it was prior to the...
New Home Purchase Mortgage Applications Up 2% in September

New Home Purchase Mortgage Applications Up 2% in September

by Phil Hall | Oct 16, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases increased 2% in September compared to one year earlier, according to data from the Mortgage Bankers Association (MBA). On a month-over-month measurement, applications declined by 5%. The MBA estimated new single-family home...
Who Wants to Buy a Haunted House? You Might Be Surprised!

Who Wants to Buy a Haunted House? You Might Be Surprised!

by Phil Hall | Oct 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

With Halloween around the corner, there is more attention being given to haunted houses – and the trick-or-treaters over at Real Estate Witch, an online publication owned by Clever Real Estate, has put out a new survey regarding creepy old residences. According to...
California Home Sales Rebounded in September

California Home Sales Rebounded in September

by Phil Hall | Oct 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 277,410 closed escrow sales of existing, single-family detached homes was recorded in California in September, a 5% jump from the 264,240 homes sold in August and a 6.6% spike from the 260,340 homes sold in September 2024. According to the California...
Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern

Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern

by Phil Hall | Oct 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey of Gen Z Americans found one in five (16%) members of this youthful demographic declaring housing affordability to be one of their greatest concerns in life. The new Realtor.com survey, which polled 1,000 adults between the ages of 18-27, found 82% of...
Mortgage Application Activity Slows Again

Mortgage Application Activity Slows Again

by Phil Hall | Oct 15, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed again for week ending Oct. 10, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.8% on a seasonally adjusted basis from one...
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