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New York State Inventory Rises, But Home Sales Continue to Decline

New York State Inventory Rises, But Home Sales Continue to Decline

by Phil Hall | Sep 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest housing market data from the New York State Association of Realtors found statewide inventory rose by 5.5% to 30,684 units last month from 29,090 in August 2024. This marks the sixth consecutive month of growing supply across the Empire State. New listings...
Mortgage Application Payment Levels Down in August

Mortgage Application Payment Levels Down in August

by Phil Hall | Sep 25, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The national median mortgage payment applied for by loan applicants decreased to $2,100 from $2,127 in August, according to data from the Mortgage Bankers Association (MBA). However, it was also up by $43 from one year ago, equal to a 2.1% increase. The national...
Mortgage Rates Inch Up Slightly

Mortgage Rates Inch Up Slightly

by Phil Hall | Sep 25, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates inched up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of Sept. 25, up from last week when it averaged 6.26%. A year ago at this time, it averaged 6.08%. The...
Existing Home Sales Remain Flat

Existing Home Sales Remain Flat

by Phil Hall | Sep 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales were mostly flat in August, dipping by a scant 0.2% from July to a seasonally adjusted annual rate of 4 million, according to the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.8%. Regionally, month-over-month...
Report: Housing in Q3 Grows Less Affordable Across Most of the Country

Report: Housing in Q3 Grows Less Affordable Across Most of the Country

by Phil Hall | Sep 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median-priced single-family homes and condos were less affordable during the third quarter compared to historical averages in 99% of counties with sufficient data to analyze, according to a new report from ATTOM. While that was the same high rate as the second...
Trophy Signature Homes Unveils New Community in Dallas Suburb

Trophy Signature Homes Unveils New Community in Dallas Suburb

by Phil Hall | Sep 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Trophy Signature Homes, a subsidiary of Green Brick Partners Inc. (NYSE: GRBK), announced the opening of Lowry Trails, a new residential community in the Dallas suburb of Princeton, Texas. The community will offer a variety of homes with prices starting in the high...
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