Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike

by Phil Hall | May 21, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania’s $315,000 median home sales price in April marked its third consecutive year-over-year surge. According to data from the Pennsylvania Association of Realtors (PAR), this marked a 7.4% increase from April 2025 and a 5% upswing from March. Median home sale...

Isaac Henderson Joins The Hudson Companies as Principal and Co-Head of Development

by Phil Hall | May 21, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The Hudson Companies, a real estate developer focused on the New York City metro area, has hired Isaac Henderson as principal and co-head of development. In his new job, Henderson will oversee Hudson’s mixed-use portfolio, across affordable and market-rate housing....

Mortgage Rates Rise to 9-Month High

by Phil Hall | May 21, 2026 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates rose to their highest level since August, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.51% as of May 21, up from last week when it averaged 6.36%. A year ago at this...

Zombie Foreclosure Rate Increased During Q2

by Phil Hall | May 21, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Approximately 1.4 million homes, or 1.3% of US residential properties, were vacant in the second quarter of the year. According to new data from ATTOM, that percentage was unchanged from both the first quarter and from the second quarter of 2025. Out of the national...

New Report Tracks Slowing in Home Sale Agreement Cancelations

by Phil Hall | May 21, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly 47,000 home sale agreements fell through in April, according to a new data report from Redfin. That represents 13.4% of properties that went under contract that month and a scant decline (-0.1 percentage points) from March. April’s cancelation rate tied with...