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$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard

$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard

by Phil Hall | Nov 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

LandVest | Christie’s International Real Estate announced the $37.5 million sale of 48 Witchwood Lane in Edgartown in Martha’s Vineyard, which sets a new record for a residential sale on the Massachusetts island. The three-acre estate features a...
Apartment Rents Record Greatest October Decline in Over 15 Years

Apartment Rents Record Greatest October Decline in Over 15 Years

by Phil Hall | Nov 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apartment rents declined in October with the national average falling to $1,708, a 0.3% dip from September’s revised figure of $1,713, according to data from Apartments.com, a division of CoStar Group (NASDAQ: CSGP). The new data marks the fourth consecutive month of...
$21.5 Million Sale of Charleston Mansion Breaks City Record

$21.5 Million Sale of Charleston Mansion Breaks City Record

by Phil Hall | Nov 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A historic mansion in Charleston, South Carolina, dating back to 1800 was sold for $21.5 million, a record high residential sale for that market. Known as the Casper Christian Schutt House, the property at 51 East Bay Street encompasses four structures totaling over...
Report: More Californians Can Afford to Buy a Home

Report: More Californians Can Afford to Buy a Home

by Phil Hall | Nov 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More Californians were able to afford buying a home during the third quarter, according to a data report from the California Association of Realtors (CAR). Between July and September, 17% of the state’s homebuyers could afford to purchase an $887,380...
Mortgage Rates Inch Up Again

Mortgage Rates Inch Up Again

by Phil Hall | Nov 6, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6, up from last week when it averaged 6.17%. A year ago at this time, it averaged 6.79%. The...
Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price

Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price

by Phil Hall | Nov 6, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Investors are continuing to make their impact felt in both high-end and affordable housing markets, according to Realtor.com’s Investor Report Mid-Year Update. While overall home sales declined 4.2% year-over-year in the second quarter, investor purchases fell...
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