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National Median Asking Rent Down for 34th Straight Month

National Median Asking Rent Down for 34th Straight Month

by Phil Hall | Jun 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national median asking rent in May was $1,686, down 1.5% year-over-year for the 34th consecutive month of declines, according to data from Realtor.com. During the first quarter of the year, Realtor.com determined that Las Vegas led the nation as the metro with the...
Report: 242 Cities Have Starter Homes Valued at $1 Million and Up

Report: 242 Cities Have Starter Homes Valued at $1 Million and Up

by Phil Hall | Jun 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A record number of 242 cities have starter homes valued at $1 million or more, up from 226 one year ago, according to a new data report from Zillow. Traditionally, a starter home is defined as a home in the lowest third of home values in a given market. But as the...
Builder Confidence Remains Weak Amid Affordability Concerns

Builder Confidence Remains Weak Amid Affordability Concerns

by Phil Hall | Jun 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes during June fell two points to 35, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any HMI reading over 50 indicates that more builders view...
Boston Suburb Sues Massachusetts to Block 180-Unit Housing Development

Boston Suburb Sues Massachusetts to Block 180-Unit Housing Development

by Phil Hall | Jun 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Boston suburb is suing the Massachusetts government to block the construction of a 180-unit multifamily property on a state-owned parking lot used by a community college. Under the Massachusetts Affordable Homes Act passed in 2024, the state can convert vacant or...
Indiana Tops the Realtor.com Affordability & Homebuilding Report Card Rankings

Indiana Tops the Realtor.com Affordability & Homebuilding Report Card Rankings

by Phil Hall | Jun 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Indiana’s affordable homeownership opportunities and home construction activity earned the state the No. 1. Ranking in the second annual Realtor.com Affordability & Homebuilding Report Card report. Indiana jumped from fourth place in the 2025 rankings to first...
Q1 Title Insurance Premiums Totaled $4.5 Billion

Q1 Title Insurance Premiums Totaled $4.5 Billion

by Phil Hall | Jun 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The US title insurance industry generated $4.5 billion in premiums during the first quarter, up from $3.9 billion in the same period one year earlier, according to a data report from the American Land Title Association (ALTA). The title insurance industry paid nearly...
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