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Del Webb Breaks Ground on 55+ Community in Austin Suburb

Del Webb Breaks Ground on 55+ Community in Austin Suburb

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

The homebuilder Del Webb, a PulteGroup Inc. (NYSE: PHM) brand, has broken ground on a new 55+ community in the Austin suburb of Bastrop, Texas. Del Webb Lost Pines will be located within The Colony, a master-planned community. The first phase of construction will...
Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades

Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades

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

The board of commissioners of Georgia’s Fulton County is proposing a 12.5% hike in property taxes to cover the costs of funding the county jail. Atlanta First News reports the proposal involved an increase in the millage rate by one point to 9.87 mills, which would be...
Tech Trends: In Pursuit of User-Friendly Solutions

Tech Trends: In Pursuit of User-Friendly Solutions

by Phil Hall | Jul 10, 2025 | International Real Estate News, News/Current Events, Real Estate Agent Tools, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

This week’s edition of Tech Trends offers four new solutions designed to make life easier for home sellers, property managers, and real estate investors. A New Way to Sell Canadian Homes. Hyyve, a new platform for Canadian home sellers, has launched in Toronto....
Report: Large Banks Originating More ARMs

Report: Large Banks Originating More ARMs

by Phil Hall | Jul 10, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Adjustable-rate mortgages (ARMs) have gained in popularity among borrowers seeking home loans from large banks, according to a new data report from the Federal Reserve Bank of Philadelphia. Conventional ARMs accounted for 25.1% of large bank first mortgage...
Mortgage Rates Record New Uptick

Mortgage Rates Record New Uptick

by Phil Hall | Jul 10, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

After five weeks in decline, 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 6.72% as of July 10, up from last week when it averaged 6.67%. A year ago at this...
Survey: Nearly Half of Americans Want to Ban Short-Term Rentals from Residential Areas

Survey: Nearly Half of Americans Want to Ban Short-Term Rentals from Residential Areas

by Phil Hall | Jul 10, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Here is some news that will not inspire optimism at Airbnb (NASDAQ: ABNB) – a new survey nearly half (49%) of Americans feel short-term rentals should be banned entirely in residential areas. The survey of 1,000 adults conducted by Clever Real Estate’s Anytime...
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