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Property Tax on Average Single-Family Home Increased 3% in 2025

Property Tax on Average Single-Family Home Increased 3% in 2025

by Phil Hall | Apr 9, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average single-family home, with an estimated value of $494,231, generated $4,427 in taxes during 2025, a 3% year-year-over increase, according to new data from ATTOM. Last year, $396.8 billion in property taxes were levied on more than 89.6 million single-family...
Which Market Boasts 99% of Active Listings Priced at $1 Million or Higher?

Which Market Boasts 99% of Active Listings Priced at $1 Million or Higher?

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

There are affluent neighborhoods, then there are very wealthy neighborhoods, and then there is a Cape Cod locality where nearly all active listings carry prices starting in the seven-digit range. According to data from Realtor.com, Nantucket, Massachusetts, has the...
Mortgage Application Activity Drops by 0.8%

Mortgage Application Activity Drops by 0.8%

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

Mortgage application activity slowed during the week ending April 3, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.8% on a seasonally adjusted basis from...
Mortgage Rates Rise for Fifth Straight Week

Mortgage Rates Rise for Fifth Straight Week

by Phil Hall | Apr 2, 2026 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates for the fifth straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.46% as of April 2, up from last week when it averaged 6.38%. A year ago at this time, it...
The Best Market for First-Time Homebuyers Is…

The Best Market for First-Time Homebuyers Is…

by Phil Hall | Apr 2, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new analysis by Zillow (NASDAQ: Z, ZG) of housing markets where first-time buyers can find a robust selection of affordable properties has ranked Jacksonville, Florida, as the best market for newcomers to homeownership. According to Zillow, Jacksonville leads a list...
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