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NYC Mayor Mamdani Unveils ‘Block by Block’ Housing Plan

NYC Mayor Mamdani Unveils ‘Block by Block’ Housing Plan

by Phil Hall | May 26, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani unveiled his highly anticipated housing plan, which addressed plans to expand both affordable rental housing and homeownership opportunities. The 112-page plan, titled “Block by Block,” proposes the creation of 200,000 new affordable...
Luxury Home Prices Up by Nearly 4%

Luxury Home Prices Up by Nearly 4%

by Phil Hall | May 26, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median luxury home sale price for the three months ending April 30 was $1.39 million, a 3.6% year-over-year increase. According to data from Redfin, the annual rise in the median luxury home sale price more than double the 1.4% gain in non-luxury sale prices....
New Data Reports Point to Slowing in Home Price Acceleration

New Data Reports Point to Slowing in Home Price Acceleration

by Phil Hall | May 26, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports have highlighted a slowing acceleration in home prices. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 0.7% annual gain in March, down from a 0.8% rise in the previous month. The 10-City Composite saw an annual...
Illinois Home Sales Down Slightly Year-Over-Year

Illinois Home Sales Down Slightly Year-Over-Year

by Phil Hall | May 26, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Illinois recorded 11,413 home sales in April, a mild 0.4% drop from the 11,454 sold one year before. According to data from Illinois Realtors, the 18,683 homes available for sale statewide last month were 5.1% less than the 19,686 homes available in April 2025. The...
Wells Fargo to Provide Financing for Icon’s 3D Printed Homes

Wells Fargo to Provide Financing for Icon’s 3D Printed Homes

by Phil Hall | May 26, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wells Fargo & Co. (NYSE: WFC) will begin writing mortgages for homes built with technology from Icon, the leading 3D residential construction company. Icon has previously worked with the lender’s philanthropic arm, the Wells Fargo Foundation, for the financing of...
OffersTree Debuts as Platform for Buying and Selling Vacant Land

OffersTree Debuts as Platform for Buying and Selling Vacant Land

by Phil Hall | May 26, 2026 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The Newark, Delaware-headquartered real estate fintech OffersTree has rolled out a land marketplace designed to connect buyers and landowners focused on vacant and undeveloped land. According to the company, the platform is designed as a nationwide marketplace that...
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