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New Orleans Mansion Featured in ‘American Horror Story’ is Sold

New Orleans Mansion Featured in ‘American Horror Story’ is Sold

by Phil Hall | Sep 25, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A New Orleans mansion built in 1856 that gained pop culture fame from its appearance in the television series “American Horror Story” was sold. Mansion Global reported the property, known as the Buckner Mansion, was listed in May for $4.5 million and was later reduced...
Refinancing Drives Up Mortgage Application Activity

Refinancing Drives Up Mortgage Application Activity

by Phil Hall | Sep 25, 2024 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners seeking refinancing drove the increased volume of mortgage applications for the week ending Sept. 20, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased...
Greystar Enters Pittsburgh’s Apartment Market with Ophelia

Greystar Enters Pittsburgh’s Apartment Market with Ophelia

by Phil Hall | Sep 24, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Greystar announced the start of construction on Ophelia, its first apartment development in Pittsburgh. Ophelia is part of a mixed-use development and will have 231 residences, with 35 of them dedicated to the city’s affordable housing program. Ophelia will have...
Report: Homebuying Became More Affordable for the First Time Since 2020

Report: Homebuying Became More Affordable for the First Time Since 2020

by Phil Hall | Sep 24, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from Redfin (NASDAQ: RDFN) has determined homebuyers need an annual income of $115,454 to afford a $433,101 median priced home – a 1.4% decline from one year earlier and the first annual decline since June 2020, when mortgage rates were at a record...
Case-Shiller Index Records 14th Consecutive All-Time High

Case-Shiller Index Records 14th Consecutive All-Time High

by Phil Hall | Sep 24, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The S&P CoreLogic Case-Shiller Indices recorded yet another new all-time high in July for home prices, albeit with a decelerating trend. The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 5.0% annual gain for July, down from a 5.5%...
Sunrun in Solar Power and Storage Partnership with Toll Brothers

Sunrun in Solar Power and Storage Partnership with Toll Brothers

by Phil Hall | Sep 24, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Toll Brothers Inc. (NYSE: TOL) has announced Sunrun Inc. will provide solar power and storage to the homebuilder’s residences. In a new exclusive agreement, Sunrun will provide solar power as an included feature in all Toll Brothers homes in California. Sunrun will...
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