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Mortgage Credit Availability Up Slightly, But Still Near 10-Year Low

Mortgage Credit Availability Up Slightly, But Still Near 10-Year Low

by Phil Hall | Apr 11, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability inched up last month, according to the latest Mortgage Credit Availability Index (MCAI) report published by the Mortgage Bankers Association (MBA), although the level of available is still close to a 10-year low. The MCAI was up by 0.4% to...
Most Gen Z Adults Prioritize Pets Over Family in Housing Needs

Most Gen Z Adults Prioritize Pets Over Family in Housing Needs

by Phil Hall | Apr 11, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new Zillow Group (NASDAQ: Z, ZG) survey published in conjunction with today’s National Pet Day found the majority of Gen Z adults are more concerned on their pets’ well-being within their home versus the needs of their human co-inhabitants. The Gen Z...
Survey Finds Steady Optimism Among First-Time Homebuyers

Survey Finds Steady Optimism Among First-Time Homebuyers

by Phil Hall | Apr 11, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Despite continued burdens created by inflation and mortgage rates that are still on the high side, many first-time homebuyers are more confident about their financial health and their ability to acquire residential property. According to TD Bank’s (NYSE: TD) newly...
Montreal Home Sales Down 28%

Montreal Home Sales Down 28%

by Phil Hall | Apr 11, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Fewer people were buying homes in Montreal last month, according to data from the Quebec Professional Association of Real Estate Brokers (QPAREB). There were 3,947 residential sales in the Montreal Census Metropolitan Area (CMA) in March, down 28% year-over-year....
Study: 1 in 3 Homebuyers Unaware of Affordable Home Lending Offerings

Study: 1 in 3 Homebuyers Unaware of Affordable Home Lending Offerings

by Phil Hall | Apr 11, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cleveland-headquartered KeyBank (NYSE: KEY) has debuted its Fair Housing Month poll, which surveyed 1,000 homeowners in households earning less than $75,000 annually regarding their homebuying and lending experiences. The inaugural poll found that nearly one-third...
A Phil Hall Op-Ed: Jamie Dimon’s West Side Story

A Phil Hall Op-Ed: Jamie Dimon’s West Side Story

by Phil Hall | Apr 10, 2023 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, WRE News Exclusive

If you saw the 1961 film classic “West Side Story,” you will recall the opening scenes where the Jets and the Sharks engaged in an elaborately choreographed turf battle through the streets of Manhattan. But the next time you watch the film, pay less attention to the...
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