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The American Dream of Homeownership Is Not Dead, But We’re Sure Making It Hard to Find

The American Dream of Homeownership Is Not Dead, But We’re Sure Making It Hard to Find

by John G. Stevens | Jun 3, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

40. The average first-time homebuyer in America is now 40 years old. In 1981 it was 29. We added 11 years in one generation — eleven years of rent, missed equity, and someone else's wealth building instead of yours. Market snapshot — April 2026 Existing home...
America’s Debt Crisis: The Numbers Are Screaming. Are We Listening?

America’s Debt Crisis: The Numbers Are Screaming. Are We Listening?

by John G. Stevens | May 13, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The average American household now carries roughly $288,676 in national debt, owes $767 a month on a car payment, and is sitting on credit card balances at over 21% interest. The personal savings rate has dropped to 4%. And as of this morning, the Federal Reserve Bank...
Federal Reserve Holds Rates Steady Again

Federal Reserve Holds Rates Steady Again

by Phil Hall | Apr 29, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The Federal Reserve had opted to maintain the target range for the federal funds rate at 3.5% to 3.75%. The central bank’s policy making Federal Open Market Committee (FOMC) cited a low level of job gains, elevated inflation and a “high level of uncertainty” due to...
Federal Reserve Holds Rates Steady Again

Federal Reserve Maintains Rate Range

by Phil Hall | Mar 18, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The Federal Reserve has opted to hold rates at their current level. The central bank’s policy making Federal Open Market Committee stated it will “maintain the target range for the federal funds rate at 3.5% to 3.75%.” The vote for holding rates was near-unanimous,...
Federal Reserve Hits Pause Button on Rates

Federal Reserve Hits Pause Button on Rates

by Phil Hall | Jan 28, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

After three consecutive rate cuts, the Federal Reserve hit the pause button to keep the federal funds rate at 3.5% to 3.75%. The central bank’s Federal Open Market Committee had two dissenters on the rate decision, with Fed Govs. Stephen I. Miran and Christopher J....
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