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Report: ‘Hidden Costs’ of Homeownership Nearly $16,000 Per Year

Report: ‘Hidden Costs’ of Homeownership Nearly $16,000 Per Year

by Phil Hall | Nov 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners have more than mortgage payments eating away at their budgets, as a new data report from Zillow and Thumbtack determined the so-called “hidden costs of homeownership” now add up to $15,979 per year nationwide – a sum that is outpacing incomes. In addition...
Mortgage Delinquency Rate Up During Q3

Mortgage Delinquency Rate Up During Q3

by Phil Hall | Nov 14, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The delinquency rate for mortgages on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.99% of all loans outstanding at the end of the third quarter, according to data from the Mortgage Bankers Association (MBA). The delinquency rate...
Indiana Home Sales Up 4%

Indiana Home Sales Up 4%

by Phil Hall | Nov 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 7,177 residential properties were sold in Indiana during October, up 4% from one year earlier, while pending sales totaled 6,795, a 1% dip from the previous year. According to data from the Indiana Association of Realtors (IAR), the 9,517 new home listings...
NYC Rents Soared in Month Before Mamdani’s Election

NYC Rents Soared in Month Before Mamdani’s Election

by Phil Hall | Nov 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City’s rents continued to soar in the month before Democratic Socialist Zohran Mamdani was elected mayor. According to new data from Miller Samuel Inc. and Douglas Elliman, the median rent for all new Manhattan apartment leases in October was $4,600, up by...
California Realtors Back Assumable Mortgage Idea

California Realtors Back Assumable Mortgage Idea

by Phil Hall | Nov 14, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The California Association of Realtors (CAR) voiced its support of enabling homebuyers to assume Fannie Mae and Freddie Mac-backed fixed-rate mortgages. Bill Pulte, the director of the Federal Housing Finance Agency, used his personal X account last week to declare...
Former NYC Home of Lena Horne Listed for $1.2 Million

Former NYC Home of Lena Horne Listed for $1.2 Million

by Phil Hall | Nov 13, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The former New York City home of the iconic singer and actress Lena Horne has been listed for the first time in more than 20 years for $1.2 million. Mansion Global reports the 2,276-square-foot Tudor-Style house in the Addisleigh Park section of the St. Albans...
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