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Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing

Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing

by Phil Hall | Aug 12, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The summer doldrums weighted on the Mid-Atlantic markets in the Bright MLS service area, which recorded a 2.8% year-over-year decline in closed sales during July. Last month, there were 20,847 new pending contracts in the Bright MLS service area, down by 1.7% from the...
Trump Hints at Merged Fannie-Freddie with November Listing on NYSE

Trump Hints at Merged Fannie-Freddie with November Listing on NYSE

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Trump has provided a broad hint at his plans for privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). In a posting on Truth Social, the president posted an AI-generated photo showing him at the opening bell of the New York Stock Exchange, with...
Report: Cash-Out Refinances Fuels Most Refinancing Activity

Report: Cash-Out Refinances Fuels Most Refinancing Activity

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cash-out refinances accounted for 59% of all refinance transactions in the second quarter, according to new data published in Intercontinental Exchange’s (NYSE: ICE) August 2025 Mortgage Monitor report, which noted 70% of those borrowers accepted higher interest...
Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing

Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

One year after putting his longtime home in New York’s Shelter Island on the market, comedian Louis CK is listing it again at a significant discount. Realtor.com reports the home is now being offer for $4.3 million, which is less than half of the $9.25 million...
Hits and Misses for the Real Estate Week of Aug. 4-8

Hits and Misses for the Real Estate Week of Aug. 4-8

by Phil Hall | Aug 8, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An unwelcome package in the mail, another retailer declaring bankruptcy, and an unlikely new officer at a tenants’ right nonprofit. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 4-8. Miss: A Message from a Kook. The...
Apartment Rent Growth Continues to Slow

Apartment Rent Growth Continues to Slow

by Phil Hall | Aug 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apartment rent growth slowed during July with the national average holding at $1,717, unchanged from June. According to data from Apartments.com, a marketplace of CoStar Group (NASDAQ: CSGP), July marked the sixth straight month of flat or negative monthly growth....
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