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Florida Dominated December’s Luxury Real Estate Market

Florida Dominated December’s Luxury Real Estate Market

by Phil Hall | Jan 14, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida dominated the luxury real estate market in December, with six of the 10 priciest home sales of the month originating in the Sunshine State. According to data from Redfin, the month’s most expensive sale – a five-acre compound in coastal Miami – was also the...
Glenn Kelman to Step Down as Redfin CEO

Glenn Kelman to Step Down as Redfin CEO

by Phil Hall | Jan 13, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Redfin CEO Glenn Kelman announced he is stepping down from his leadership role, six months after his company was acquired by Rocket Companies (NYSE: RKT). In a post on LinkedIn, Kelman wrote, “It’s just hard to go because I love Redfin. The billion dollars in...
Mortgage Rates Record Slight Increase

Mortgage Rates Record Slight Increase

by Phil Hall | Jan 8, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates started 2026 on with a mild uptick, according to the Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.16% as of Jan. 8, up slightly from last week when it averaged 6.15%. A year ago at this time, it...
Coastal Florida and LA Metro Area Top List of 2025’s Most Expensive Home Sales

Coastal Florida and LA Metro Area Top List of 2025’s Most Expensive Home Sales

by Phil Hall | Jan 5, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Coastal Florida and the Los Angeles metro area dominated the category of the most expensive home sales of 2025. According to data from Redfin, these two markets accounted for eight of the 10 most expensive sales last year. An oceanfront estate in Hawaii and a Bay Area...
New Reports Detail How LA Wildfires Changed Local Housing Market

New Reports Detail How LA Wildfires Changed Local Housing Market

by Phil Hall | Dec 30, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

As the first anniversary of the Los Angeles County wildfires approaches, two new data reports offer an overview of the catastrophe’s impact on the local housing market. Redfin reports real estate investors are buying roughly 40% of the land selling in areas impacted...
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