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Report: 29% of Homebuyers Made All-Cash Purchases

Report: 29% of Homebuyers Made All-Cash Purchases

by Phil Hall | May 27, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly three in 10 homebuyers (28.8%) in March eschewed mortgage financing to pay for residential properties with all-cash transactions. According to a data report from Redfin, that share was down from 29.8% one year before and tied with 2021 for the lowest March...
Joint Venture Acquires 5 Open-Air Retail Centers for $300 Million

Joint Venture Acquires 5 Open-Air Retail Centers for $300 Million

by Phil Hall | May 27, 2026 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The investment firms Bain Capital and 11North Partners announced their joint venture acquisition of five open-air retail centers located across four states for approximately $300 million. Collectively, the portfolio totals approximately 757,000 square feet and spans...
Mortgage Application Activity Declines Amid Slowdown in Refinancing

Mortgage Application Activity Declines Amid Slowdown in Refinancing

by Phil Hall | May 27, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was lethargic during the week ending May 22, fueled primarily by a pullback in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
289-Unit Multifamily Property in Tucson Sold for $45.5 Million

289-Unit Multifamily Property in Tucson Sold for $45.5 Million

by Phil Hall | May 27, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bascom Arizona Ventures LLC (BAZV), a subsidiary of the Irvine, California-based private equity firm The Bascom Group LLC, has acquired Domain 3201, a 289-unit multifamily property in Tucson, Arizona for $45.5 million or $157,439 per unit. Constructed in two phases in...
Alabama Home Sales and Prices Rise in April

Alabama Home Sales and Prices Rise in April

by Phil Hall | May 27, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alabama recorded 6,214 home sales in April, a 7.3% year-over-year increase from one year earlier. According to data from the Alabama Association of Realtors (AAR), there were 20,928 active listing at the end of last month, up 9.3% from April 2025. The average days on...
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