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California Home Sales Ended 2025 on the Rise

California Home Sales Ended 2025 on the Rise

by Phil Hall | Jan 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s housing market closed 2025 on a high note with sales rising on both a month-over-month and year-over-year measurement. According to data from the California Association of Realtors (CAR), the state recorded 288,200 closed escrow sales of...
30-Year Fixed Rate Mortgage Drops to 3-Year Low

30-Year Fixed Rate Mortgage Drops to 3-Year Low

by Phil Hall | Jan 15, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued their decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.06% as of Jan. 15, down from last week when it averaged 6.16%. A year ago at this time, it averaged...
Foreclosure Filings Up 14% During 2025

Foreclosure Filings Up 14% During 2025

by Phil Hall | Jan 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Foreclosure filings were reported on 367,460 residential properties in 2025, according to data from ATTOM. This marked a 14% increase from 2024 and a 3% uptick from 2023, but it was also down by 25% from pre-pandemic 2019 The 367,460 properties with foreclosure...
Zillow: Homes Will Be Affordable in 20 Major Markets by Year’s End

Zillow: Homes Will Be Affordable in 20 Major Markets by Year’s End

by Phil Hall | Jan 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new forecast from Zillow (NASDAQ: Z, ZG) is predicting that mortgage payments on a typical home will be affordable in 20 major metropolitan areas by the end of the year. If the forecast is correct, that would be highest level since 2022. In presenting its forecast,...
December New Home Purchase Mortgage Applications Up by 2.5%

December New Home Purchase Mortgage Applications Up by 2.5%

by Phil Hall | Jan 15, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in December increased by 2.5% from one year ago, according to data from the Mortgage Bankers Association (MBA). On a month-over-month measurement, applications decreased by 3%. MBA estimated new single-family home sales...
Kamala Harris Drops $8.15 Million on Malibu Mansion

Kamala Harris Drops $8.15 Million on Malibu Mansion

by Phil Hall | Jan 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Former Vice President Kamala Harris has a new home in the swanky Point Dume section of Malibu. The New York Post reports Harris and her husband, attorney Doug Emhoff, paid $8.15 million in an off-market transaction for a 4,000-square-foot, four-bedroom, six-bathroom...
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