Starter Home Sales Up Nearly 5%

by Phil Hall | Dec 4, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Starter home sales during October were up by 4.9% from one year according to a new data report from Redfin. In comparison, home sales for mid-priced (+0.7%) and high-priced (+0.8%) residences were also up from one year earlier. Among pending home sales, the starter...

Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations

by Phil Hall | Dec 4, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

School officials in Indiana are pushing back at the state’s new property tax relief efforts by claiming the reforms are destabilizing their budgets to the point that employees are being laid off and services are being reduced. The Indiana Capital Chronicle reports...

Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers

by Phil Hall | Dec 4, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Deephaven Mortgage, a Charlotte, North Carolina-headquartered non-QM lender, has launched its Equity Advantage HELOC product that includes an option for self-employed borrowers to qualify based on 12 months of personal or business bank statements in lieu of tax...

Mortgage Rates Drop for Second Straight Week

by Phil Hall | Dec 4, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.19% as of Dec. 4, down from last week when it averaged 6.23%. A year ago at this time, it...

US Institute of Peace HQ in Washington Renamed for Trump

by Phil Hall | Dec 4, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

In what might be a first in US history, an incumbent president has a building in the nation’s capital named after him. The Washington Post reports the headquarters of the US Institute of Peace (USIP) has the name “Donald J. Trump” attached to its façade. An unnamed...