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Former Detroit-Area Home of Longtime UAW President Walter Reuther Listed for $1.45 Million

Former Detroit-Area Home of Longtime UAW President Walter Reuther Listed for $1.45 Million

by Phil Hall | Jun 12, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The former Detroit-area home of Walter Reuther, the longtime president of the United Auto Workers (UAW), has been listed for sale at $1.45 million. The Detroit Free Press reports the 2-acre Oakland Township, Michigan-based estate features two homes – a...
Report: Lennar Plans New Community at Site of Demolished Las Vegas Hotel

Report: Lennar Plans New Community at Site of Demolished Las Vegas Hotel

by Phil Hall | Jun 12, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Lennar Corp. (NYSE: LEN), is seeking to develop a 279-lot housing tract at the former site of a hotel-casino property in Las Vegas. According to a report in the Las Vegas Review-Journal, the builder is proposing a community of two-story single-family homes on a...
Mortgage Rates Are Back on the Rise

Mortgage Rates Are Back on the Rise

by Phil Hall | Jun 11, 2026 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates ticked up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.52% as of June 11, up from last week when it averaged 6.48%. A year ago at this time, it averaged 6.84%. The...
Foreclosure Filings Down Month-Over-Month But Continue Rising Year-Over-Year

Foreclosure Filings Down Month-Over-Month But Continue Rising Year-Over-Year

by Phil Hall | Jun 11, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 40,355 residential properties had foreclosure filings— default notices, scheduled auctions or bank repossessions — during May, down 5% from April but up 14% from May 2025. According to data from ATTOM, lenders initiated the foreclosure process on 27,304...
Median Sold Price in Mid-Atlantic Region Hits Record High

Median Sold Price in Mid-Atlantic Region Hits Record High

by Phil Hall | Jun 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median sold price for the Mid-Atlantic region encompassed by Bright MLS reached $450,000 in May, a 3.4% year-over-year increase and the highest level on record. There were 24,153 new contracts on homes in May, a 4.5% increase from one year ago, although closed...
Alec Baldwin Tries Another Price Cut to Sell His Hamptons Estate

Alec Baldwin Tries Another Price Cut to Sell His Hamptons Estate

by Phil Hall | Jun 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alec Baldwin is back in the real estate news headlines, this time with another price cut on his 8.28-acre Hamptons mansion that no one seems interested in buying. The five-bedroom, 5.5-bathroom residence in Amagansett, New York was first listed for $29 million in 2022...
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