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New Home Purchase Mortgage Applications Surged in March

New Home Purchase Mortgage Applications Surged in March

by Phil Hall | Apr 18, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases during March was up 5.5% year-over-year and up 14% month-over-month, according to data from the Mortgage Bankers Association. MBA estimated new single-family home sales were running at a seasonally adjusted annual rate of...
Master-Planned Community with Surfing Lagoons Planned for Utah

Master-Planned Community with Surfing Lagoons Planned for Utah

by Phil Hall | Apr 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alaia Development and Desert Lakes LLC have unveiled plans for Zion Shores, an inland surf destination in Washington, Utah. The 30-acre project will feature 65 short-term rental properties built around two concrete-lined, clear lagoons designed specifically for...
California Home Sales Softened During March

California Home Sales Softened During March

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

California recorded a seasonally adjusted annualized rate of 277,030 closed escrow sales of existing single-family detached homes during March, down 2.3% from 283,540 sales in February but up 4.9% from 264,200 transactions in March 2024. According to data from the...
NAHREP: Housing Market ‘Threatened’ by Private Listings

NAHREP: Housing Market ‘Threatened’ by Private Listings

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

The National Association of Hispanic Real Estate Professionals (NAHREP) is warning that efforts to encourage private listings will disrupt efforts to ensure fair access to the housing market. In an unattributed statement, the organization declared, “Recent...
Bill Cosby Lists NYC Townhouse in Foreclosure Battle for $7 Million

Bill Cosby Lists NYC Townhouse in Foreclosure Battle for $7 Million

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

A New York City townhouse owned by disgraced comedian Bill Cosby has been listed for $7 million, even though the property is at the center of a foreclosure fight. The New York Post reports Cosby put the four-story, 5,000-square-foot property on the market four months...
Housing Starts Dropped in March

Housing Starts Dropped in March

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

Single-family housing starts in March were at a rate of 940,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This is 14.2% below the revised February figure of 1.09 million. Privately-owned housing starts in March...
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