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Pennsylvania’s Median Home Sales Price Hits New High

Pennsylvania’s Median Home Sales Price Hits New High

by Phil Hall | Jul 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median home sales price in Pennsylvania reached an all-time high in June at $325,000, up 6.5% from the $305,000 price recorded one year earlier. According to data from the Pennsylvania Association of Realtors (PAR), the spike in home prices coincided with an...
Two Mixed-Use Jersey Shore Properties Sell for $5.35 Million

Two Mixed-Use Jersey Shore Properties Sell for $5.35 Million

by Phil Hall | Jul 22, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A pair of retail/office properties along the Jersey Shore were sold for a combined $5.35 million. SRZ Properties LLC acquired 9218 Ventnor Avenue in Margate, New Jersey, for $3.15 million. The property encompasses nearly 8,000 square feet, along with an onsite parking...
Report: Canadians Spend 42.3% of Income on Taxes

Report: Canadians Spend 42.3% of Income on Taxes

by Phil Hall | Jul 22, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The average Canadian family spent 42.3% of its income on taxes in 2024, according to a new study published by the nonpartisan Fraser Institute. The percentage spent on taxes is greater than the 35.5% allocated to housing, food and clothing combined. Last year, the...
Sen. Warren Blasts FHFA’s Pulte for ‘Abnormal’ Behavior

Sen. Warren Blasts FHFA’s Pulte for ‘Abnormal’ Behavior

by Phil Hall | Jul 22, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Sen. Elizabeth Warren (D-MA) has blasted Federal Housing Finance Agency (FHFA) Director Bill Pulte for his excessive social media criticism of Federal Reserve Chairman Jerome Powell. Warren, the Ranking Member of the Senate Banking, Housing, and Urban Affairs...
Report: Opening Federal Land for Development Will Not Solve Basic Housing Shortage Problems

Report: Opening Federal Land for Development Will Not Solve Basic Housing Shortage Problems

by Phil Hall | Jul 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new report from Realtor.com is questioning whether the Trump administration’s plans to use federal land for housing development will make any impact on the nation’s housing shortage. Approximately 640 million acres of land are federal owned, accounting for nearly...
Bette Davis’ Maine Estate Listed for $15 Million

Bette Davis’ Maine Estate Listed for $15 Million

by Phil Hall | Jul 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Maine estate that was once the home of Oscar-winning screen legend Bette Davis has been listed for sale at $15 million. The nearly 8-acre property that has been known as both “Seascape” and “Witch Way” is based along 1,200 feet of Cape Elizabeth’s Atlantic...
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