Featured Real Estate News

Mortgage Rates Decline for Second Straight Week

The 30-year fixed-rate mortgage averaged 6.30% as of April 16, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTGCQB: FMCC). This is down from last week when it averaged 6.37% and is the second consecutive week of a declining rate. A...

Mortgage Rates Decline for Second Straight Week

by Phil Hall | Apr 16, 2026

“Mortgage rates declined this week to a four-week low of 6.30%,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Decline for Second Straight Week

WRS Inc. Breaks Ground on $1.2 Billion DC-Area Mixed-Use Project

by Phil Hall | Apr 13, 2026

The Charleston, South Carolina-based real estate development firm WRS Inc. has broken ground on the Lakeforest Redevelopment, a mixed-use project in the Washington, DC suburb of Gaithersburg, Maryland. The $1.2 billion project is designed to reanimate the former...

Philip O’Bannon to Lead Newmark’s Infrastructure Capital Markets Business

by Phil Hall | Apr 13, 2026

Newmark Group Inc. (NASDAQ: NMRK) has hired Philip O'Bannon as senior managing director to lead its infrastructure capital markets business. In this role, O'Bannon will be responsible for expanding Newmark's advisory and capital raising capabilities across the full...

Existing Home Sales Down During March

by Phil Hall | Apr 13, 2026

Existing home sales during March were down by 3.6% from February to a seasonally adjusted annual rate of 3.98 million, according to data from the National Association of Realtors (NAR). On a year-over-year measurement, sales were down by 1%. Month-over-month sales...