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Who Wants to Buy Jennifer Lopez and Ben Affleck’s Beverly Hills Mansion? Answer: No One

Who Wants to Buy Jennifer Lopez and Ben Affleck’s Beverly Hills Mansion? Answer: No One

by Phil Hall | Jul 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The former Hollywood power couple Jennifer Lopez and Ben Affleck have taken their Beverly Hills mansion off the market after one year without a buyer. Lopez and Affleck, who married in July 2022, acquired the 38,000-square-foot estate in May 2023 for $60.8 million....
$3.48 Million LA Home Now Available for Cryptocurrency Purchase

$3.48 Million LA Home Now Available for Cryptocurrency Purchase

by Phil Hall | Jul 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Prospective buyers for a luxury home in the Woodland Hills section of Los Angeles will be able to purchase the $3.48 million property with cryptocurrency. The 4,545-square foot residence within the 0.44-acre property is within a 24/7 guard-gated and patrolled...
Mortgage Rates Decline for Fifth Straight Week

Mortgage Rates Decline for Fifth Straight Week

by Phil Hall | Jul 3, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

While fireworks will be soaring over the Fourth of July, mortgage rates are going into the holiday weekend in a continued decline. According to the Primary Mortgage Market survey published by Freddie Mac (OTCQB: FMCC), the 30-year fixed-rate mortgage averaged 6.67% as...
Detroit Sues Blockchain Real Estate Firm for Widespread Property Violations

Detroit Sues Blockchain Real Estate Firm for Widespread Property Violations

by Phil Hall | Jul 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The City of Detroit has filed a lawsuit against a Florida-based blockchain property investment platform that owns more than 400 blighted properties that have become unlivable. The lawsuit cites Real Token LLC, company owners Remy and Jean-Marc Jacobson, and their 165...
New Joint Venture to Develop 243-Unit Rental Community in Denver Suburb

New Joint Venture to Develop 243-Unit Rental Community in Denver Suburb

by Phil Hall | Jul 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Toll Brothers Inc. (NYSE: TOL), through its Toll Brothers Apartment Living rental division, has teamed with Gables Residential in a joint venture to develop Gables Angeline, a four-story, 243-unit luxury multifamily rental community in the Denver suburb of Littleton,...
Report: Active Listings Exceed Pre-Pandemic Levels in 22 of 50 Largest Metros

Report: Active Listings Exceed Pre-Pandemic Levels in 22 of 50 Largest Metros

by Phil Hall | Jul 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest Monthly Housing Report from Realtor.com has found 22 of the 50 largest metros have more active listings on the market than they did in the pre-pandemic years. However, the report stops short of declaring the current environment as a buyer’s market. Denver...
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