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Mortgage Rates Continue to Decline

Mortgage Rates Continue to Decline

by Phil Hall | Apr 3, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates sank again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.64% as of April 3, down slightly from last week when it averaged 6.65%. A year ago at this time, it averaged...
Avanti Residential Unveils LIHTC-Focused Affiliate

Avanti Residential Unveils LIHTC-Focused Affiliate

by Phil Hall | Apr 3, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Avanti Residential, a Denver-based multifamily investor and operator, has rolled out its new affiliate Avanti Residential Housing, which will focus on Low-Income Housing Tax Credit (LIHTC) development, acquisition, and preservation. The new Tampa-based affiliate will...
Private Connecticut Island Relisted at Discount

Private Connecticut Island Relisted at Discount

by Phil Hall | Apr 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A private island in Connecticut has been relisted with a $250,000 discount. The Register Citizen reports Burr Island, also known as Jepson Island, is up for sale again at $1.05 million after being taken off the market last November. Burr Island is part of the Thimble...
Newberry Homes Enters Orlando Market with Six-Home Community

Newberry Homes Enters Orlando Market with Six-Home Community

by Phil Hall | Apr 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The custom builder Newberry Homes has broken ground on its first Orlando-based development with Six in the City, a community of six tandem single-family homes in the College Park neighborhood. Each of the six two-story homes will feature three bedrooms, two-and-half...
Lennar to Build 1,500 Colorado Homes with Geothermal Systems

Lennar to Build 1,500 Colorado Homes with Geothermal Systems

by Phil Hall | Apr 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The geothermal heating and cooling company Dandelion Energy announced a partnership with the homebuilder Lennar Corporation (NYSE: LEN, LEN. B) for the installation of Dandelion’s systems in more than 1,500 new Lennar homes to be built in Colorado over the next two...
Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021

Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021

by Phil Hall | Apr 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical homeowner’s annual insurance premium recorded an average increase of 24% from 2021 to 2024, according to a new report from the Consumer Federation of America. In comparison, the cumulative inflation increase over the same period was 13%. “From 2021 to 2024...
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