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A Phil Hall Op-Ed: How Would Trump Impact Housing Policy?

A Phil Hall Op-Ed: How Would Trump Impact Housing Policy?

by Phil Hall | Jul 8, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: For a man who seems to have an opinion about everything, former President Donald Trump has been uncharacteristically quiet about the state of the U.S. housing market. His campaign has not offered any proposals on addressing the evaporation of...
1 in 4 New Hampshire Homes Listed for at Least $1 Million

1 in 4 New Hampshire Homes Listed for at Least $1 Million

by Phil Hall | Jul 8, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New Hampshire residents shopping for a home should prepare themselves for sticker shock, as roughly one in four homes for sale in the Granite State last month was priced for at least $1 million. According to a report in the New Hampshire Union-Leader, more than 110...
Fannie Mae: Housing Sentiment Level Rises

Fannie Mae: Housing Sentiment Level Rises

by Phil Hall | Jul 8, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fannie Mae (OTCQB: FNMA) announced a 3.2-point uptick in its Home Purchase Sentiment Index (HPSI) from May to June to a reading of 72.6. The HPSI is also up 6.6 points compared to the same time last year. In June, 19% of consumers surveyed for the HPSI data believed...
Hits and Misses for the Real Estate Week of July 1-5

Hits and Misses for the Real Estate Week of July 1-5

by Phil Hall | Jul 5, 2024 | Hits and Misses, News/Current Events, Real Estate Investing, U.S. Housing Market, WRE News Exclusive

A YouTube star’s homebuilding project, a new mansion tax proposal and Detroit leads the nation for the wrong reason. From the wild and wooly world of real estate, here are our Hits and Misses for the real estate week of July 1-5. Hit: MrBeast to the Rescue. The...
Rent Control Measure Added to California’s November Ballot

Rent Control Measure Added to California’s November Ballot

by Phil Hall | Jul 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California voters will have a chance this November to rewrite the state’s law relating to rent control. The proposed Justice for Renters Act was added to the statewide ballot as Proposition 33. The ballot initiative consists of a single sentence: “The state may not...
Mortgage Rates Rise to Just Below 7%

Mortgage Rates Rise to Just Below 7%

by Phil Hall | Jul 5, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates flirted with the 7% level again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.95% as of July 3, up from last week when it averaged 6.86%. A year ago at this time, it...
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