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Mortgage Application Payments Increased in May

Mortgage Application Payments Increased in May

by Phil Hall | Jun 26, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national median payment carried by purchase loan applicants increased in May to $2,211 from $2,186 in April, according to new data from the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index report. For borrowers applying for...
Weis Markets Opens First New Supermarket in 3 Years

Weis Markets Opens First New Supermarket in 3 Years

by Phil Hall | Jun 26, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Weis Markets Inc. (NYSE: WMK) has opened its first new supermarket in three years. Grocery Dive reports the new 65,000-square-foot store in Linganore, Maryland, is also the first of six new locations that were first announced in May 2024. The company attributed the...
Report: Affordable Homeownership Remains Mostly Elusive

Report: Affordable Homeownership Remains Mostly Elusive

by Phil Hall | Jun 26, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest US Home Affordability Report published by ATTOM has determined owning a median-priced home in the second quarter was less affordable than historical averages in 99.3% of the counties (575 out of 579) with sufficient data to analyze. This is up slightly from...
Pending Home Sales Up in May

Pending Home Sales Up in May

by Phil Hall | Jun 26, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales during May were up by 1.8% from April and up 1.1% from one year earlier, according to the National Association of Realtors (NAR). All four regions experienced month-over-month increases while contract signings were up year-over-year only in the...
Greystar in $1.4 Million Settlement for Unlawful Charges on Military Servicemembers

Greystar in $1.4 Million Settlement for Unlawful Charges on Military Servicemembers

by Phil Hall | Jun 26, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Department of Justice (DOJ) announced that Greystar Management Services LLC has agreed to pay $1.4 million to settle allegations that it violated the Servicemembers Civil Relief Act (SCRA) by imposing illegal fees on military servicemembers who terminated their...
Global Wellness Real Estate Market Predicted to Reach $941 Billion by 2030

Global Wellness Real Estate Market Predicted to Reach $941 Billion by 2030

by Phil Hall | Jun 26, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The global market for wellness real estate was valued at $463.24 billion in 2024 and is projected to reach $944.11 billion by 2030, rising at a compound annual growth rate (CAGR) of 12.60%, according to a new forecast by Research and Markets. North America accounts...
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