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Mortgage Application Activity Slows Down

Mortgage Application Activity Slows Down

by Phil Hall | May 21, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity declined for the week ending May 16, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.1% on a seasonally adjusted basis from one...
Zillow Announces Timeline for New Listing Standards

Zillow Announces Timeline for New Listing Standards

by Phil Hall | May 20, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Group (NASDAQ: Z, ZG) has provided a timeline for the implementation of its new listing access standards. Last month, Zillow announced it was enacting the National Association of Realtors’ (NAR) Clear Cooperation Policy with “new standards for listing...
New Reports Highlight Michigan’s Affordable Homeownership and Power Outages

New Reports Highlight Michigan’s Affordable Homeownership and Power Outages

by Phil Hall | May 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports have identified Michigan as the state with the most affordable cities for homebuyers while a third report warns that the state leads the nation for power outages. A newly published report from WalletHub ranked Michigan’s Flint and Detroit as the...
RE/MAX: April Home Sales Up 11.3%

RE/MAX: April Home Sales Up 11.3%

by Phil Hall | May 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

April home sales were up 11.3% from March, according to the latest RE/MAX National Housing Report, continuing the month-over-month growth trend that began in January within the 51 metro areas surveyed for the data analysis. Compared to one year earlier, sales were...
Diddy’s $61.5 Million LA Mansion Fails to Attract Buyer Interest

Diddy’s $61.5 Million LA Mansion Fails to Attract Buyer Interest

by Phil Hall | May 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

While the ongoing trial of Sean “Diddy” Combs has been the center of media attention, the Los Angeles mansion that he listed a week before his arrest has been mostly ignored after roughly 250 days on the market. Combs’ 17,000-square-foot mansion with 10...
Colorado Cities Sue State Over Housing Policies

Colorado Cities Sue State Over Housing Policies

by Phil Hall | May 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Six Colorado cities are suing the state’s government over its efforts to overrule local authority on land use and zoning issues. Colorado Public Radio reports the cities are also questioning a recent executive order by Gov. Jared Polis that withholds some grant...
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