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Listing Price Cut for Second Time on Quincy Jones’ Bel Air Estate

Listing Price Cut for Second Time on Quincy Jones’ Bel Air Estate

by Phil Hall | Feb 5, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Bel Air estate of the late record producer and composer Quincy Jones has been discounted for the second time since it was listed last May. Mansion Global reports the 2.3-acre property featuring a 24,920-square-foot mansion was reduced by $9 million on Wednesday...
NAR: Q4 2025 Home Prices Up in 73% of Metro Areas

NAR: Q4 2025 Home Prices Up in 73% of Metro Areas

by Phil Hall | Feb 4, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices rose in nearly three-quarters (73%) of metro markets (168 out of 230) during the fourth quarter of 2025, according to data from the National Association of Realtors (NAR). This is down from 77% in the third quarter. The national median single-family...
Georgia Senate Passes Bill to Cap Statewide Property Taxes

Georgia Senate Passes Bill to Cap Statewide Property Taxes

by Phil Hall | Feb 4, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Georgia State Senate passed a bill that would create mandatory statewide property tax caps. Fox5Atlanta.com reports Senate Bill 382 passed in a bipartisan 31-19 vote. The legislation seeks to restore a system where property value increases are limited to the rate...
Home Values Decline for Sixth Consecutive Month

Home Values Decline for Sixth Consecutive Month

by Phil Hall | Feb 4, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical US home value during January was $358,968, according to data from Zillow (NASDAQ: Z, ZG). This marked a 0.4% drop from December, as well as a 0.2% uptick from January 2024. January marked the sixth consecutive month that home values were down on...
Champion Homes Opens 67-Unit Affordable Community in Fresno

Champion Homes Opens 67-Unit Affordable Community in Fresno

by Phil Hall | Feb 4, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Champion Homes Inc., the Troy, Michigan-based producer of factory-built housing, announced the opening of Blythe Village, an affordable, offsite-built community in Fresno, Calif. Built in partnership with developer Ted Moon, the 67-unit, build-to-rent multifamily...
Decline in Mortgage Applications Blamed on Snowstorms

Decline in Mortgage Applications Blamed on Snowstorms

by Phil Hall | Feb 4, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The recent snowstorms that disrupted the nation are being blamed for hampering mortgage application activity during the week ending Jan. 30. “Winter Storm Fern likely had an impact as much of the country was snowed in, hampering homebuying activity,” said Joel Kan,...
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