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Mortgage Rates Record Slight Increase

Mortgage Rates Record Slight Increase

by Phil Hall | Jan 8, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates started 2026 on with a mild uptick, according to the Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.16% as of Jan. 8, up slightly from last week when it averaged 6.15%. A year ago at this time, it...
Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market

Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market

by Phil Hall | Jan 8, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Gov. Gavin Newsom is following President Trump’s lead by calling for a shutdown on institutional investors from purchasing single-family homes. The San Jose Mercury News reports 3% of California’s single-family homes are owned by large companies, according...
Trammell Crow Residential Opens Phoenix and Nashville Offices

Trammell Crow Residential Opens Phoenix and Nashville Offices

by Phil Hall | Jan 8, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Dallas-headquartered multifamily developer Trammell Crow Residential (TCR) is expanding its national platform with the opening of new offices in Phoenix and Nashville. To lead the new offices, TCR has named Tom Lewis as managing director in Phoenix and Peter Davis...
Corcoran Group Launches New Virginia Franchise

Corcoran Group Launches New Virginia Franchise

by Phil Hall | Jan 8, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Corcoran Group LLC announced the launch of Corcoran Wiley, based in Charlottesville, Virginia. Formerly Wiley Real Estate, the firm was founded in 2016 and is led by broker/owners Justin and Peter Wiley, who serve clients throughout Central Virginia and the greater...
Home Affordability in Q4 Remained Mostly Elusive

Home Affordability in Q4 Remained Mostly Elusive

by Phil Hall | Jan 8, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homes were less affordable than historical averages in almost every county with sufficient data to analyze for the fourth quarter of 2025, according to a new report from ATTOM. Out of the 594 counties analyzed for the report, 99% (586) of the counties had...
Mortgage Credit Availability Declined in December

Mortgage Credit Availability Declined in December

by Phil Hall | Jan 8, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability ended 2025 on a down note, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI dropped by 2.6% to 104.7 in December; the index was benchmarked to 100 in March 2012. The...
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