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New and Pending Home Sales Rising in Indiana

New and Pending Home Sales Rising in Indiana

by Phil Hall | May 29, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Indiana reports 7,106 closed home sales last month, a 3% increase from one year before, along with 8,591 new pending sales, an 8% surge from April 2025. According to data from the Indiana Association of Realtors (IAR), there were approximately 10,800 homes listed for...
Apartment Rents Record Slight Uptick in May

Apartment Rents Record Slight Uptick in May

by Phil Hall | May 28, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apartment rents recorded an extremely mild 0.2% uptick in May, with the national average rising to $1,737 from April’s upwardly revised level of $1,733. According to data from Apartments.com, a CoStar Group (NASDAQ: CSGP) marketplace, May marked the sixth consecutive...
Investors Less Active in the Q1 Housing Market

Investors Less Active in the Q1 Housing Market

by Phil Hall | May 28, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Investor purchasing of homes were down by 6% year-over-year in the first quarter, the lowest level since the start of the pandemic 2020. According to data from Redfin, the last time investors bought so few homes was in 2016. Real estate investors purchased 19% of...
Mortgage Rates Tick Up Again

Mortgage Rates Tick Up Again

by Phil Hall | May 28, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates rose for the second straight week, according to Freddie Mac’s (OTCQB: FMCC) Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.53% as of May 28, up from last week when it averaged 6.51%, which marked a nine-month high. A year ago...
Sales of New Single-Family Homes Declined While the Median Sale Price Increased

Sales of New Single-Family Homes Declined While the Median Sale Price Increased

by Phil Hall | May 28, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in April were at a seasonally adjusted annual rate of 622,000, according to estimates from the US Census Bureau and the Department of Housing and Urban Development. This marked a 6.2% decline from the March rate of 663,000 and a 11.3%...
Q1 Purchase Loan Origination at 12-Year Low

Q1 Purchase Loan Origination at 12-Year Low

by Phil Hall | May 28, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1.57 million mortgages secured by residential property (one to four units) were originated in the first quarter, according to new data from ATTOM. This marked a 13% decline from the previous quarter, but it was also a 5% year-over-year increase. The total...
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