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Duball Previews New Apartment Community in Washington, DC

Duball Previews New Apartment Community in Washington, DC

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

The real estate development and investment firm Duball LLC has unveiled its latest development in Washington, DC – the upcoming boutique apartment community at Dupont Circle named Revere. The community is named in honor of Paul Revere, whose midnight ride was...
House Removes BTR Sale Provision from Senate’s Housing Bill

House Removes BTR Sale Provision from Senate’s Housing Bill

by Phil Hall | May 14, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The House of Representatives has tweaked the Senate-approved 21st Century ROAD to Housing Act by removing a provision requiring institutional investors who own build-to-rent (BTR) single-family housing to sell their properties within seven years of construction. The...
Mortgage Rates Dip While Delinquency Levels Rise

Mortgage Rates Dip While Delinquency Levels Rise

by Phil Hall | May 14, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates ticked down slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.36% as of May 14, a hair lower from last week’s average of 6.37%. A year ago at this time, it averaged...
Foreclosure Filings Up 18% From One Year Ago

Foreclosure Filings Up 18% From One Year Ago

by Phil Hall | May 14, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 42,430 residential properties carried foreclosure filings in April, down 8% from the prior month but up 18% from one year earlier. According to data from ATTOM, one in every 3,388 housing units nationwide had a foreclosure filing last month. Delaware posted...
Study Finds Greater Savings in Buying New Homes Versus Older Homes

Study Finds Greater Savings in Buying New Homes Versus Older Homes

by Phil Hall | May 14, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Buyers of newly built homes can save an average of $25,335 over the first 10 years of ownership compared to those who purchase 20-year-old homes, according to a data analysis by Realtor.com. The savings are primarily from the lower utility costs from newer...
Rents Fall for 33rd Straight Month Amid Surge in New Multifamily Construction

Rents Fall for 33rd Straight Month Amid Surge in New Multifamily Construction

by Phil Hall | May 13, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national median asking monthly rent across the nation’s 50 largest metro areas in April was $1,673, down $29 or 1.7%, year-over-year. This marked the 33rd consecutive month of annual declines for 0-2 bedroom properties. According to data from Realtor.com, the...
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