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Johnny Carson’s One-Time New York Home Listed for $5.3 Million

Johnny Carson’s One-Time New York Home Listed for $5.3 Million

by Phil Hall | Mar 4, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An estate in New York’s Westchester County that was once owned by Johnny Carson has been listed for sale at $5.3 million. According to a Mansion Global report, the property’s residence was built as a stone barn for an apple orchard in the 1860s and was converted into...
Hits and Misses for the Real Estate Week of Feb. 25-March 1

Hits and Misses for the Real Estate Week of Feb. 25-March 1

by Phil Hall | Mar 1, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A major retailer shutting down stores, a federal regulator being pressed for transparency and living in a Mercedes-Benz (but not a car). From the wild and wooly world of real estate, here are the Hits and Misses for the week of Feb. 25 to March 1. Miss: No Miracle on...
1830 Farmhouse Being Offered for Free, But There is a Catch

1830 Farmhouse Being Offered for Free, But There is a Catch

by Phil Hall | Mar 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A historic New England farmhouse is being given away for free – albeit with one very big string attached. According to a report in the Concord Monitor, the residence in question is a 2,000-square-foot Colonial in Rye, New Hampshire, that was built in 1830 and includes...
HUD Offers New Initiatives for Manufactured Housing

HUD Offers New Initiatives for Manufactured Housing

by Phil Hall | Mar 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) has announced its Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program, which is designed to preserve and revitalize manufactured housing and manufactured housing communities....
Mortgage Rates Up for Fourth Straight Week

Mortgage Rates Up for Fourth Straight Week

by Phil Hall | Feb 29, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates climbed for the fourth consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.94% as of Feb. 29, up from last week when it averaged 6.90%. A year ago at this...
Pending Home Sales, Buyer Affordability Down in January

Pending Home Sales, Buyer Affordability Down in January

by Phil Hall | Feb 29, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

January was a chilly month for pending home sales, according to new data from the National Association of Realtors (NAR). NAR’s Pending Home Sales Index dropped by 4.9% from December to January, closing the month with a 74.3 reading; an index level of 100 is equal to...
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