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More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the House Affordable

More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the House Affordable

by John G. Stevens | Aug 28, 2026 | Mortgage Information, U.S. Housing Market

There are borrowers in America who can responsibly repay a mortgage and still do not fit neatly into the underwriting box we built for them. Anyone who has spent time in mortgage lending has seen this. A self-employed business owner may have substantial cash flow but...
Residential Property Vacancy Rate Holds Steady at 1.3%

Residential Property Vacancy Rate Holds Steady at 1.3%

by Phil Hall | Aug 28, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from ATTOM found 1.3% of residential properties were vacant in the third quarter of the year. That was the same rate as the previous quarter as well as the third quarter of 2025. Out of the country’s 104.6 million residential properties, 259,666 were...
Alabama Home Sales Surge by 20% Year-Over-Year

Alabama Home Sales Surge by 20% Year-Over-Year

by Phil Hall | Aug 28, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alabama’s housing market heated up in July with 7,361 home sales, a solid 19.8% spike from one year before. Sales were also up by 3.1% from June. According to data from the Alabama Association of Realtors (AAR), July’s 22,006 active listings marked a post-pandemic...
More Homes Are Hitting the Market. Fewer Buyers Are Stepping Up

More Homes Are Hitting the Market. Fewer Buyers Are Stepping Up

by John G. Stevens | Aug 28, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The late-summer housing market is giving buyers something they have spent much of the past several years waiting for: leverage. Whether enough buyers can afford to use it is another question. New listings rose 0.4% from the previous week during the four weeks ending...
Sun Communities Names Robert Garechana as EVP and CFO

Sun Communities Names Robert Garechana as EVP and CFO

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

Sun Communities Inc. (NYSE: SUI). a real estate investment trust that owns and operates manufactured housing and recreational vehicle communities, has hired Robert Garechana as executive vice president and chief financial officer, effective Sept. 8. Garechana succeeds...
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