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Will Continued Financial Stress on Americans Drive Down Home Sales?

Will Continued Financial Stress on Americans Drive Down Home Sales?

by Phil Hall | Apr 5, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

American consumers are struggling to shoulder the burden of financial stress generated by the current economy, and several recent data studies find the situation is more than a little challenging. A study published in February by PYMNTS determined that 62% of American...
Mortgage Applications Down 4.1%

Mortgage Applications Down 4.1%

by Phil Hall | Apr 5, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were on the decline, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 31. The MBA’s Market Composite Index took a 4.1% drop on a seasonally adjusted basis from one week earlier...
Study: LGBTQ and BIPOC Buyers Face Greatest Obstacles to Homeownership

Study: LGBTQ and BIPOC Buyers Face Greatest Obstacles to Homeownership

by Phil Hall | Apr 5, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from Realtor.com has determined that homebuyers who identify as LGBTQ and BIPOC (Black, Indigenous and people of color) are going into homeownership with greater housing costs burdens than White and non-LGBTQ individuals. According to Realtor.com,...
DoubleLine Debuts Two Real Estate-Focused ETFs

DoubleLine Debuts Two Real Estate-Focused ETFs

by Phil Hall | Apr 5, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

The Tampa-headquartered money management firm DoubleLine has announced the launch of two exchange-traded funds (ETFs) focused on the real estate sector. The DoubleLine Mortgage ETF (NYSE Arca: DMBS) invests primarily in high-quality residential mortgage-backed...
New Platform Details Commercial and Retail Properties for Lease and Sale

New Platform Details Commercial and Retail Properties for Lease and Sale

by Phil Hall | Apr 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The International Council of Shopping Centers (ICSC) has announced the launch of ICSC Marketplaces IQ, a centralized platform to search commercial and retail properties for lease or sale, perform market research, and conduct analyses. According to ICSC, the new...
Sales and Prices Up in Toronto’s Housing Market

Sales and Prices Up in Toronto’s Housing Market

by Phil Hall | Apr 5, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The housing market for the Greater Toronto Area (GTA) tightened last month, according to new data from the Toronto Regional Real Estate Board (TRREB). GTA realtors reported 6,896 sales through TRREB’s MLS System in March, down 36.5% from one year ago when there were...
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