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Mortgage Application Activity Remains Weak

Mortgage Application Activity Remains Weak

by Phil Hall | Apr 30, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity weakened during the week ending April 25, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 4.2% on a seasonally adjusted basis from...
Arizona State University to Offer Bachelor of Science in Real Estate and Applied Finance

Arizona State University to Offer Bachelor of Science in Real Estate and Applied Finance

by Phil Hall | Apr 30, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Arizona State University’s WP Carey School of Business is launching a new Bachelor of Science in real estate and applied finance program, to begin in the fall semester. According to the school, the program will deliver a hands-on, interdisciplinary experience using...
Bubble, Bubble, Toilet Trouble? 76% of Homeowners Underestimate Major Plumbing Repair Costs

Bubble, Bubble, Toilet Trouble? 76% of Homeowners Underestimate Major Plumbing Repair Costs

by Phil Hall | Apr 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

American homeowners, on average, pay $671 out of pocket for emergency sewer repairs, with one in 12 spending over $2,000. According to a new data report from Guardian Service, 76% of homeowners underestimate the cost of major plumbing repairs, assuming it will be...
Bill to Upgrade Affordable Housing Program Credit Introduced in Senate

Bill to Upgrade Affordable Housing Program Credit Introduced in Senate

by Phil Hall | Apr 29, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A bipartisan initiative in the US Senate has resulted in the reintroduction of the Affordable Housing Credit Improvement Act, three weeks after a similar endeavor occurred in the House of Representatives. The new version of the legislation seeks to increase the number...
Wisconsin Records Double-Digit Drop in Existing Home Sales

Wisconsin Records Double-Digit Drop in Existing Home Sales

by Phil Hall | Apr 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wisconsin recorded a double-digit drop in existing home sales during March as inventories remained tight. According to data from the Wisconsin Realtors Association, there was a total of 4,279 home sales last month, down 10.2% compared to the 4,764 sales in March 2024....
Offsite Homebuilding Platform Villa Raises $20 in New Funding

Offsite Homebuilding Platform Villa Raises $20 in New Funding

by Phil Hall | Apr 29, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Villa, the San Francisco-based offsite homebuilding platform, announced that it raised $20 million of new funding. The latest round was led by Unless with participation from existing investors Atomic and Tectonic Ventures, and other undisclosed strategic investors....
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