Von Maur Department Stores to Open First New Jersey Location

by Phil Hall | Dec 16, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Davenport, Iowa-headquartered Von Maur Department Stores announced plans to open its first store in New Jersey in Fall 2027. The new location will be an anchor store at Freehold Raceway Mall in Freehold, New Jersey, owned and operated by the real estate investment...

New Home Purchase Mortgage Applications Up 3.1% in November

by Phil Hall | Dec 16, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in November increased 3.1% from one year earlier, according to data from the Mortgage Bankers Association (MBA). Compared to October, applications decreased by 7%. MBA estimated new single-family home sales were running at...

New Report Names Detroit as America’s Neediest City

by Phil Hall | Dec 15, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

As the year-end giving season kicks into gear, WalletHub has published this year’s edition of its Neediest Cities in America report. WalletHub compared more than 180 cities across 28 key metrics – including child and adult poverty, food insecurity, homelessness, the...

Builder Confidence Inches Up Slightly, But Pessimism Remains

by Phil Hall | Dec 15, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence ended the year on an uptick, but was still deep in negative territory. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for December inched up one point to a reading of 39, well below the breakeven point of 50....

Canadian Home Sales and Prices Down During November

by Phil Hall | Dec 15, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The total number of home sales recorded in November over Canadian MLS Systems declined 0.6% from the prior month and were down by 10.7% from November 2024, according to data from the Canadian Real Estate Association (CREA). There were 173,000 properties listed for...