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Mortgage Applications on New Home Purchases Up 8.5% from Last Year

Mortgage Applications on New Home Purchases Up 8.5% from Last Year

by Phil Hall | Jul 17, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases increased 8.5% year-over-year in June, although applications were also down 4% from May. According to new data from the Mortgage Bankers Association, new single-family home sales were running at a seasonally adjusted annual...
San Diego’s Coastline Real Estate Group Joins Real Brokerage

San Diego’s Coastline Real Estate Group Joins Real Brokerage

by Phil Hall | Jul 17, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ: REAX) announced the San Diego-area Coastline Real Estate Group has joined the company. Founded in 2020 and led by Raymond Fraser and Shaylie Gilliland, the 13-agent Coastline Real Estate Group team has sold more than $200 million in...
Canadian Housing Starts Up Slightly

Canadian Housing Starts Up Slightly

by Phil Hall | Jul 17, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canadian housing starts posted a 0.4% uptick in June from May, according to data from the Canadian Mortgage and Housing Corporation (CMHC). The seasonally adjusted annualized rate of housing starts rose to 283,734 units last month from a revised 282,705 units. Actual...
Realtors Relief Foundation Allocates $500,000 to Help Texas Flooding Victims

Realtors Relief Foundation Allocates $500,000 to Help Texas Flooding Victims

by Phil Hall | Jul 17, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) announced the Realtors Relief Foundation (RRF) is providing $500,000 to assist the victims of the July 4 flooding disaster in south central Texas along the Guadalupe River. Texas Realtors will distribute the RRF grant among...
Builder Confidence Inches Up Slightly

Builder Confidence Inches Up Slightly

by Phil Hall | Jul 17, 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 warmed slightly in July with the passage of the One Big Beautiful Bill Act, but full-blown optimism was weighed down by elevated interest rates and uncertainty over the economy. The National...
Mortgage Fraud Charges Against Schiff Referred to Justice Department

Mortgage Fraud Charges Against Schiff Referred to Justice Department

by Phil Hall | Jul 17, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The case of alleged mortgage fraud by Sen. Adam Schiff (D-CA) has been referred to the Department of Justice (DOJ) for criminal prosecution. Fox News reports that Bill Pulte, director of the Federal Housing Finance Agency (FHFA), sent a letter to Attorney General Pam...
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