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Mortgage Rates Inch Up for Third Straight Week

Mortgage Rates Inch Up for Third Straight Week

by Phil Hall | Feb 5, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to rise for the third straight week, albeit with incremental upticks, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.11% as of Feb. 5, up slightly from...
America’s Housing Shortage Isn’t Just Large — It’s Uncertain, And That May Be the Bigger Risk

America’s Housing Shortage Isn’t Just Large — It’s Uncertain, And That May Be the Bigger Risk

by John G. Stevens | Feb 5, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A recent report in the Washington Post highlighted a striking reality: economists, researchers, and policymakers cannot agree on the true size of the U.S. housing shortage. Estimates range from roughly two million homes to as many as twenty million. (Source:...
FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million

FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million

by Phil Hall | Feb 5, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment firm FCP announced its $41 million acquisition of Cottages of Monroe, a 151-unit cottage-style apartment community in the Charlotte suburb of Monroe, North Carolina. Formerly known as Yardly Monroe, the property consists of one-story,...
Listing Price Cut for Second Time on Quincy Jones’ Bel Air Estate

Listing Price Cut for Second Time on Quincy Jones’ Bel Air Estate

by Phil Hall | Feb 5, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Bel Air estate of the late record producer and composer Quincy Jones has been discounted for the second time since it was listed last May. Mansion Global reports the 2.3-acre property featuring a 24,920-square-foot mansion was reduced by $9 million on Wednesday...
NAR: Q4 2025 Home Prices Up in 73% of Metro Areas

NAR: Q4 2025 Home Prices Up in 73% of Metro Areas

by Phil Hall | Feb 4, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices rose in nearly three-quarters (73%) of metro markets (168 out of 230) during the fourth quarter of 2025, according to data from the National Association of Realtors (NAR). This is down from 77% in the third quarter. The national median single-family...
Georgia Senate Passes Bill to Cap Statewide Property Taxes

Georgia Senate Passes Bill to Cap Statewide Property Taxes

by Phil Hall | Feb 4, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Georgia State Senate passed a bill that would create mandatory statewide property tax caps. Fox5Atlanta.com reports Senate Bill 382 passed in a bipartisan 31-19 vote. The legislation seeks to restore a system where property value increases are limited to the rate...
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