Avalon Risk Management Debuts Hurricane Insurance Product

by Phil Hall | Dec 9, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Avalon Risk Management, a provider of commercial property insurance, is now offering a hurricane insurance product for multifamily and commercial property owners in most Tier 1 wind zones. The Scottsdale, Arizona-based company stated the new product can provide...

Homeowners Face 73% Spike in Mortgage Payments If They Move

by Phil Hall | Dec 9, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical mortgage holder pays roughly $1,300 in principal and interest per month, according to a new data report from Realtor.com. However, to purchase a typical home in today’s market, these homeowners would need to make a monthly payment of nearly $2,236,...

Mortgage Credit Availability Increases for Fifth Straight Month

by Phil Hall | Dec 9, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability was on the rise during November, according to the Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). The MCAI rose by 0.7% to 107.5 in November; the index was benchmarked to 100 in March 2012. The...

Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage

by Phil Hall | Dec 9, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ: REAX) announced that Southern California real estate leader Freeman Wang and his 50-agent team have joined Real through Harvest Realty, which operates under Real’s Private Label program. Wang’s team closed 430 homes totaling $425...

North Carolina House Leader Creates Committee to Devise Property Tax Reforms

by Phil Hall | Dec 9, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The growing national movement for property tax reforms is spreading to North Carolina, where a new state legislative committee has been formed to formulate strategies to alleviate the burden on homeowners. Carolina Journal reports North Carolina House Speaker Destin...