Mid-Atlantic Home Sales Decelerate While Active Listings Rise

by Phil Hall | Sep 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

It was a slow August across the Mid-Atlantic region served by Bright MLS, with 19,191 total closed sales, a 3.6% year-over-year decline. Pending home sales were down 5.8% from August 2025, while the number of home showings was down by 5.5%. Active listings at the end...

Maine Home Sales Declined 10% in August While Prices Increased

by Phil Hall | Sep 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Maine’s housing market took a summertime slump, with 1,542 existing single-family homes being sold in August, a 10.09% year-over-year decline. The Maine Association of Realtors (MAR) observed that although sales were in a tailspin, prices were in ascension. The August...

San Francisco Mayor Declares ‘Rent Emergency’ to Mitigate Elevated Housing Costs

by Phil Hall | Sep 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

San Francisco Mayor Daniel Lurie has declared a “rent emergency” for the city and unveiled six new ordinances designed to delay evictions, limit the level of rent increases forced upon residents, and increase funding for nonprofit lawyers who represent tenants in...

Did Mortgage Rates Top 7%? It Depends on Your Data Source

by Phil Hall | Sep 10, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Three different data sources are reporting an increase in mortgage rates, with two of the sources insisting the 30-year fixed-rate mortgage topped 7% for the first time in over a year. Freddie Mac (OTCQB: FMCC) reported the 30-year fixed-rate mortgage averaged 6.76%...

National Luxury Housing Threshold Down During August

by Phil Hall | Sep 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national entry point to luxury housing during August was $1.2 million, down by 4% from both July and August 2025, according to data from Realtor.com. August marked the 29th consecutive month of annual declines. Price thresholds declined across every luxury tier: a...