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Decline in Mortgage Applications Blamed on Snowstorms

Decline in Mortgage Applications Blamed on Snowstorms

by Phil Hall | Feb 4, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The recent snowstorms that disrupted the nation are being blamed for hampering mortgage application activity during the week ending Jan. 30. “Winter Storm Fern likely had an impact as much of the country was snowed in, hampering homebuying activity,” said Joel Kan,...
Report: Builders Planning to Develop 1 Million ‘Trump Homes’

Report: Builders Planning to Develop 1 Million ‘Trump Homes’

by Phil Hall | Feb 3, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A cohort of major homebuilders are reportedly working on a proposal to create one million “Trump Homes” as part of a new program to accommodate first-time buyers. According to a Bloomberg report based on input from unnamed “sources familiar with the proposal,” the...
Disney Names Josh D’Amaro to Succeed Bob Iger as CEO

Disney Names Josh D’Amaro to Succeed Bob Iger as CEO

by Phil Hall | Feb 3, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Walt Disney Company (NYSE: DIS) announced that Josh D’Amaro will become CEO on March 18, succeeding Bob Iger. D’Amaro, who is also joining the board of directors, has served as chairman of the Disney Experiences segment since 2020, where he oversees 12 theme parks...
Median Luxury Home Sale Price Reaches $1.31 Million

Median Luxury Home Sale Price Reaches $1.31 Million

by Phil Hall | Feb 3, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median luxury home sale price reached $1.31 million in December, a 4.6% year-over-year increase, according to a new report from Redfin. By comparison, non-luxury prices rose 1.4% over the same period to $375,000, marking the slowest growth in records dating back...
Oklahoma Gov. Stitt Calls for Freeze on Property Taxes

Oklahoma Gov. Stitt Calls for Freeze on Property Taxes

by Phil Hall | Feb 3, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Oklahoma’s Gov. Kevin Stitt used his final State of the State address to call for a statewide property tax freeze. News9.com reports the term-limited Republican governor argued that a growing number of state residents are unable to obtain homeownership due to elevated...
Q4 2025 Report: 44.6% of Mortgaged Homes Were Equity-Rich

Q4 2025 Report: 44.6% of Mortgaged Homes Were Equity-Rich

by Phil Hall | Feb 3, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 44.6% of mortgaged residential properties were considered equity-rich in the fourth quarter of 2025, according to a data report from ATTOM. This is down from 46.1% in the third quarter and further down from the recent peak of 49.2% in the second quarter of...
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