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Wisconsin’s June Home Sales Up for First Time in 4 Years

Wisconsin’s June Home Sales Up for First Time in 4 Years

by Phil Hall | Jul 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wisconsin recorded 7,712 home sales in June, an 8.1% increase from the 6,637 transactions recorded one year earlier. Last month marked Wisconsin’s first increase in June sales in four years. According to the Wisconsin Realtors Association (WRA), new statewide listings...
Honolulu City Council Considers Property Tax Relief Measures

Honolulu City Council Considers Property Tax Relief Measures

by Phil Hall | Jul 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Honolulu City Council is weighing several proposals that could decrease property taxes for seniors, landlords, and homeowners who live on their property. Hawaii Public Radio reports the council’s Budget Committee has advanced two of the measures – one that would...
Mortgage Rates Remain Flat

Mortgage Rates Remain Flat

by Phil Hall | Jul 24, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage averaged 6.74% as of July 24, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down slightly from last week when it averaged 6.75%. A year ago at this time, it averaged 6.78%. The 15-year...
New Single-Family Home Sales Up Slightly During June

New Single-Family Home Sales Up Slightly During June

by Phil Hall | Jul 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in were at a seasonally adjusted annual rate of 627,000 during June, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. The sales activity is a mild 0.6% rise above the May...
Home Sale Profits Up Slightly During Q2

Home Sale Profits Up Slightly During Q2

by Phil Hall | Jul 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical seller made a 50% profit selling single-family homes and condos during the second quarter of the year, according to new data from ATTOM. The second quarter figure marked a slight increase from the 48.9% national median profit margin posted in the first...
Chicago Mayor Downplays CFO’s Remarks of a ‘Likely’ Property Tax Hike

Chicago Mayor Downplays CFO’s Remarks of a ‘Likely’ Property Tax Hike

by Phil Hall | Jul 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Chicago Mayor Brandon Johnson is downplaying comments made by his chief financial officer (CFO) that the city could raise property taxes to fill its $1 billion budget deficit. WLS.com reports CFO Jill Jaworski told a Bloomberg that a property tax increase was a...
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