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A Phil Hall Op-Ed: So, I Asked ChatGPT to Predict 2027’s Housing Market

A Phil Hall Op-Ed: So, I Asked ChatGPT to Predict 2027’s Housing Market

by Phil Hall | Sep 10, 2026 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Did you ever get the feeling that artificial intelligence is often more effective than genuine human intelligence? This explains why too many people are relying on AI tools to get input on everything from writing books to romantic advice. Thus, I...
Did Mortgage Rates Top 7%? It Depends on Your Data Source

Did Mortgage Rates Top 7%? It Depends on Your Data Source

by Phil Hall | Sep 10, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Three different data sources are reporting an increase in mortgage rates, with two of the sources insisting the 30-year fixed-rate mortgage topped 7% for the first time in over a year. Freddie Mac (OTCQB: FMCC) reported the 30-year fixed-rate mortgage averaged 6.76%...
National Luxury Housing Threshold Down During August

National Luxury Housing Threshold Down During August

by Phil Hall | Sep 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national entry point to luxury housing during August was $1.2 million, down by 4% from both July and August 2025, according to data from Realtor.com. August marked the 29th consecutive month of annual declines. Price thresholds declined across every luxury tier: a...
Report: Property Insurance Accounts for 9.6% of Average Mortgage Payment

Report: Property Insurance Accounts for 9.6% of Average Mortgage Payment

by Phil Hall | Sep 10, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Property insurance accounts for 9.6% of the average monthly mortgage payment, according to the September Mortgage Monitor published by Intercontinental Exchange Inc. (NYSE: ICE). The average single-family mortgage holder now pays $209 per month for insurance, nearly...
Existing Home Sales Slowed in August Despite a Nearly 7-Year Inventory High

Existing Home Sales Slowed in August Despite a Nearly 7-Year Inventory High

by Phil Hall | Sep 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales during August were down by 2.0% month-over-month and 1.2% year-over-year, according to data from the National Association of Realtors (NAR). Last month’s sales were at a seasonally adjusted annual rate of 3.98 million, which marked the first time...
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