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New Home Purchase Mortgage Applications Up 3.1% in November

New Home Purchase Mortgage Applications Up 3.1% in November

by Phil Hall | Dec 16, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in November increased 3.1% from one year earlier, according to data from the Mortgage Bankers Association (MBA). Compared to October, applications decreased by 7%. MBA estimated new single-family home sales were running at...
New Report Names Detroit as America’s Neediest City

New Report Names Detroit as America’s Neediest City

by Phil Hall | Dec 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

As the year-end giving season kicks into gear, WalletHub has published this year’s edition of its Neediest Cities in America report. WalletHub compared more than 180 cities across 28 key metrics – including child and adult poverty, food insecurity, homelessness, the...
Builder Confidence Inches Up Slightly, But Pessimism Remains

Builder Confidence Inches Up Slightly, But Pessimism Remains

by Phil Hall | Dec 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence ended the year on an uptick, but was still deep in negative territory. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for December inched up one point to a reading of 39, well below the breakeven point of 50....
Canadian Home Sales and Prices Down During November

Canadian Home Sales and Prices Down During November

by Phil Hall | Dec 15, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The total number of home sales recorded in November over Canadian MLS Systems declined 0.6% from the prior month and were down by 10.7% from November 2024, according to data from the Canadian Real Estate Association (CREA). There were 173,000 properties listed for...
Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb

Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb

by Phil Hall | Dec 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The multifamily developer Thompson Thrift announced that it will develop Wrenly, a 214-unit community in the Atlanta suburb of Newnan, Georgia. The 28.6-acre community will include six residential buildings in one-, two-, and three-bedroom configurations, with units...
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