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Foreclosure Activity Up 13% Year-Over-Year

Foreclosure Activity Up 13% Year-Over-Year

by Phil Hall | Aug 14, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 36,128 residential properties had foreclosure filings in July, up 11% from the prior month and up 13% from one year earlier. According to data from ATTOM, one in every 3,939 housing units had a foreclosure filing in July. The states with the worst...
Jennifer Beeston Debuts ’60-Minute Homebuyer’ Course

Jennifer Beeston Debuts ’60-Minute Homebuyer’ Course

by Phil Hall | Aug 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage originator and YouTube personality Jennifer Beeston has debuted her new, free “60-Minute Homebuyer” course designed to provide financial literacy to prospective homeowners. Now available at www.60minhomebuyer.com, the course offers an overview on...
$110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales

$110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales

by Phil Hall | Aug 13, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Los Angeles estate known as the “Spelling Manor” after its former owner, producer Aaron Spelling, topped the list of July’s most expensive home sales, according to new data from Redfin. The Spelling Manor’s $110 million sale price was far greater than the runner-up...
Refinancing Surge Fuels Rise in Mortgage Application Activity

Refinancing Surge Fuels Rise in Mortgage Application Activity

by Phil Hall | Aug 13, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity took a substantial increase for the week ending Aug. 8 thanks to an uptick in refinance inquiries, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application...
California Home Affordability Improves Slightly From One Year Ago

California Home Affordability Improves Slightly From One Year Ago

by Phil Hall | Aug 12, 2025 | News/Current Events, Real Estate News, U.S. Housing Market

Only 15% of California households could afford to purchase the $905,680 median-priced home in the second quarter, down from 17% in the first quarter and up slightly from 14% in the second quarter of 2024. According to data from the California Association of Realtors...
Three Out of Four Metro Areas Saw Q2 Home Price Increases

Three Out of Four Metro Areas Saw Q2 Home Price Increases

by Phil Hall | Aug 12, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from the National Association of Realtors (NAR) has determined three-quarters of the US metro markets (170 out of 228) registered home price gains during the second quarter, which is down from 83% in the first quarter. Only 5% of metro areas recorded...
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