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New 135-Unit Apartment Community Being Built in Twin Cities Metro Area

New 135-Unit Apartment Community Being Built in Twin Cities Metro Area

by Phil Hall | Oct 20, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Trident Development has begun construction on Orchard Place Apartments, a new apartment community in Apple Valley, Minnesota, within the Twin Cities metro area. According to the company, the new development will feature 135 market rate apartments within one four-story...
Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026

Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026

by Phil Hall | Oct 20, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family mortgage origination volume is expected to increase from $2 trillion in 2025 to $2.2 trillion in 2026, according to a new forecast from the Mortgage Bankers Association (MBA). The trade group is also predicting purchase originations will increase 7.7% to...
The Safest US City for 2025 Is…

The Safest US City for 2025 Is…

by Phil Hall | Oct 20, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

WalletHub has released its report on 2025’s Safest Cities in America, highlighting where people are at the lowest risk of physical and financial harm. To determine its rankings, WalletHub compared 182 cities — including the 150 most populated U.S. cities, plus...
Report: More Homes Selling at Discounted Prices

Report: More Homes Selling at Discounted Prices

by Phil Hall | Oct 20, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only one-quarter of homes sold in September (25.3%) went for more than their final list price, according to data from Redfin. That share is down from 28.5% one year earlier and marked the lowest September level in six years. September’s average sale-to-list-price...
Report: Down Payment Level Held Steady During Q3

Report: Down Payment Level Held Steady During Q3

by Phil Hall | Oct 20, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical down payment in during the third quarter was $30,400, according to a new data report from Realtor.com. That sum is roughly $500 higher than the second quarter’s level and nearly unchanged from one year earlier. During the third quarter, the average down...
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