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Study: Only 4.5% of Gen Zers are Homeowners

Study: Only 4.5% of Gen Zers are Homeowners

by Phil Hall | May 19, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only 4.5% of today’s Gen Z demographic are homeowners, compared with 73.1% of baby boomers. According to a new data study from Clever Real Estate, the 68.6% difference marks the largest generational homeownership gap ever recorded. The new study observed that while...
Down Payment Levels at 4-Year Low

Down Payment Levels at 4-Year Low

by Phil Hall | May 19, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical down payment during the first quarter was $23,400, a 19% decline from one year before. According to new data from Realtor.com, this marked the fourth consecutive quarterly decline in down payments and the lowest level since 2021. And while it was above the...
Mortgage Applications for New Home Purchases Declined in April

Mortgage Applications for New Home Purchases Declined in April

by Phil Hall | May 19, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases during April were down by 2.4% from one year earlier and were also down by 10% from the previous month. According to data from the Mortgage Bankers Association (MBA) Builder Application Survey, new single-family home sales...
Iowa Gov. Reynolds Signs Property Tax Relief Bill into Law

Iowa Gov. Reynolds Signs Property Tax Relief Bill into Law

by Phil Hall | May 19, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Iowa Gov. Kim Reynolds signed a property tax relief bill into law in a ceremony on Monday. According to Iowa Public Radio, the new law creates a 2% cap on city and county general revenue growth, with an exception for new construction. The new revenue cap does not...
Canadian Retailer Warehouse One Begins Liquidation Sales at All 128 Stores

Canadian Retailer Warehouse One Begins Liquidation Sales at All 128 Stores

by Phil Hall | May 19, 2026 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Warehouse One Clothing Ltd., the Canadian specialty fashion retailer, has begun store closing sales at all 128 locations of its Warehouse One and Bootlegger branded locations. On May 7, the financially struggling, Winnipeg-headquartered company announced that was...
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