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Former Arizona Shopping Center Site to Become Affordable Housing Complex

Former Arizona Shopping Center Site to Become Affordable Housing Complex

by Phil Hall | Jul 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The City of Tempe, Arizona, has begun demolition on a shuttered shopping center that will become the site of an affordable housing complex. 12news.com reports that after the former Tempe Food City shopping center was closed in 2021, city officials saw an opportunity...
Turnbridge Equities Begins Leasing at New Raleigh-Area BTR Community

Turnbridge Equities Begins Leasing at New Raleigh-Area BTR Community

by Phil Hall | Jul 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment and development firm Turnbridge Equities has begun leasing at Mailman Post, a new build-to-rent (BTR) community of 141 townhomes and detached single-family homes in the Raleigh suburb of Knightdale, North Carolina. The community offers two-,...
Illinois Home Sales Up in June While Chicago Home Sales Decline

Illinois Home Sales Up in June While Chicago Home Sales Decline

by Phil Hall | Jul 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Illinois recorded 14,374 home sales in June, a 2.4% jump from the 14,032 sold one year earlier. According to data from Illinois Realtors, the 20,520 homes available for sale statewide last month were 7.4% fewer than the 22,169 homes available in June 2025. The monthly...
Mortgage Rates Rise for Third Straight Week

Mortgage Rates Rise for Third Straight Week

by Phil Hall | Jul 23, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates inched up for the third straight week in the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed rate mortgage averaged 6.58% as of July 23, up from last week when it averaged 6.55%. A year ago at this time, it...
Harvard Forecast Points to Slowing in Remodeling Market

Harvard Forecast Points to Slowing in Remodeling Market

by Phil Hall | Jul 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new forecast is predicting a considerable slowing for the remodeling market next year. According to the latest Leading Indicator of Remodeling Activity data from the Remodeling Futures Program at Harvard’s University’s Joint Center for Housing Studies, annual...
Wisconsin Records ‘Healthy Bounce’ in June Home Sales

Wisconsin Records ‘Healthy Bounce’ in June Home Sales

by Phil Hall | Jul 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wisconsin recorded 7,768 home sales in June, a 5.9% year-over-year increase, while year-to-date sales were up 3.7% compared to the first half of last year. According to the Wisconsin Realtors Association (WRA), the statewide median price was also up 5.9%...
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