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Manhattan’s Median Apartment Rent at $4,500 in February

Manhattan’s Median Apartment Rent at $4,500 in February

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

The median apartment rent in Manhattan soared to $4,500 last month, according to data from the Douglas Elliman brokerage. The median rental price for Manhattan was up 6.4% year-over-year, marking a new monthly record in February. Bisnow.com reports last month’s figure...
Watermark Companies’ New Rental Home Community in Texas is Now Leasing

Watermark Companies’ New Rental Home Community in Texas is Now Leasing

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

The build-to-rent developer Watermark Companies is now leasing its new rental home community in Midlothian, Texas. Located 30 minutes from the Dallas-Fort Worth metro, Canvas at Midlothian encompasses 201 two-, three- and four-bedroom single-family homes and...
Milwaukee Real Estate Broker Arrested for Human Trafficking and Sexual Assault

Milwaukee Real Estate Broker Arrested for Human Trafficking and Sexual Assault

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

A Milwaukee real estate broker has been arrested following accusations of human trafficking and sexual assault against two women. Fox6Now.com reports 38-year-old Austin Chronister is accused of keeping the women in his home against their will since 2017, forcing them...
The Most Expensive Home Sale in February Is…

The Most Expensive Home Sale in February Is…

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

The sun was definitely shining on the Sunshine State’s luxury real estate market last month as coastal Florida boasted seven of February’s 10 highest-priced home sales, according to a new report from Redfin (NASDAQ: RDFN), which noted two estates in Southern...
Mortgage Applications for New Home Purchases Down in February

Mortgage Applications for New Home Purchases Down in February

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

Mortgage applications for new home purchases during February were down by 6.9% year-over-year, although they were also up by 0.3% from January, according to data from the Mortgage Bankers Association (MBA). By product type, conventional loans composed 56.7% of loan...
Mortgage Rates Remain Flat

Mortgage Rates Remain Flat

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

Mortgage rates barely inched up in this week’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.65% as of March 13, up slightly from last week when it averaged 6.63%. A year ago at this time, it averaged...
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