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Mortgage Application Activity Tumbles by 5.2%

Mortgage Application Activity Tumbles by 5.2%

by Phil Hall | Nov 19, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity dropped during the week ending Nov. 14, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.2% on a seasonally adjusted basis from...
California Home Sales at Highest Level Since February

California Home Sales at Highest Level Since February

by Phil Hall | Nov 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California home sales during October reached their highest level since February, according to data from the California Association of Realtors (CAR). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized...
REMAX Finds 3.2% Year-Over-Year Rise in Home Sales

REMAX Finds 3.2% Year-Over-Year Rise in Home Sales

by Phil Hall | Nov 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

October’s home sales were up 3.2% year-over-year across 51 metro areas surveyed by the REMAX National Housing Report. This marks the fifth month in 2025 where sales exceeded last year’s levels. Sales were also up month-over-month, with a 1.7% upswing from...
New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years

New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years

by Phil Hall | Nov 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new reports offer a new glimpse into the factors driving today’s renter population. Experian (OTCMKTS: EXPGY) issued a survey that found nearly half (47%) of renters anticipate being ready to purchase a home within the next four years, with 67% looking to make...
Private Connecticut Island Sells at a Discount

Private Connecticut Island Sells at a Discount

by Phil Hall | Nov 18, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A private Connecticut island owned by the same family for more than a century has sold for $26.5 million, down from its original listing price of $35 million. Mansion Global reports the 18-acre Hay’s Island includes an 8,684-square-foot, six-bedroom mansion built in...
Builder Confidence Remains Flat

Builder Confidence Remains Flat

by Phil Hall | Nov 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes rose one point to 38 in November, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any number over 50 indicates that more builders view conditions...
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