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NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program

NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program

by Phil Hall | Jan 30, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani has backpedaled on a major promise of his election campaign by indefinitely delaying the expansion of the city’s housing voucher program. The Gothamist reports Mamdani ran for mayor in 2025 with the pledge to expand eligibility for...
Zillow Unveils New Marketing Campaign

Zillow Unveils New Marketing Campaign

by Phil Hall | Jan 29, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Group (NASDAQ: Z, ZG) is rolling out “Someday Starts Today,” its latest national marketing campaign. Debuting on Feb. 1 during the telecast of the Grammy Awards on CBS and Paramount+, the campaign features a 30-second and 15-second promotion that...
Mortgage Rates Inch Up for Second Straight Week

Mortgage Rates Inch Up for Second Straight Week

by Phil Hall | Jan 29, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates inched up slightly for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.10% as of Jan. 29, up from last week when it averaged 6.09%. A year ago...
Median Sale Price for Homes Hit Record High in 2025

Median Sale Price for Homes Hit Record High in 2025

by Phil Hall | Jan 29, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 3.9 million homes were sold during 2025, with a record high national median sale price of $360,000. According to data from ATTOM, last year’s median sale price was up 2.6% year-over-year and 39% higher than 2020. But while prices reached a new peak in 2025,...
Owners of Marilyn Monroe’s Last Home Sue LA to Overturn Historic Designation

Owners of Marilyn Monroe’s Last Home Sue LA to Overturn Historic Designation

by Phil Hall | Jan 29, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The owners of the Los Angeles house owned by Marilyn Monroe when she died 1962 have filed a lawsuit against the city for belatedly designating it a historic-cultural monument, thus preventing them from demolishing the property. Courthouse News reports Brinah Milstein...
Financial Services Trade Groups Lobby White House to Lower Mortgage Costs

Financial Services Trade Groups Lobby White House to Lower Mortgage Costs

by Phil Hall | Jan 29, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A trio of financial services industry trade groups – the Mortgage Bankers Association, America’s Credit Unions and the Independent Community Bankers of America – are lobbying the Trump administration to consider three actions that they claim could lower borrowing...
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