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Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year

Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year

by Phil Hall | Sep 16, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in August were down 6% from July but were also 1% higher from one year ago, according to new data from the Mortgage Bankers Association (MBA). The MBA estimated new single-family home sales were running at a seasonally...
Builder Confidence Holds Steady

Builder Confidence Holds Steady

by Phil Hall | Sep 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder sentiment levels remained unchanged in September, according to the latest the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) data report. Builder confidence in the market for newly built single-family homes was 32 in...
FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development

FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development

by Phil Hall | Sep 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) is allocating $11.7 million in grant funding to support affordable multifamily rental housing development across its district. Through the Multifamily Housing Bridge Fund, the bank will provide up to $500,000 per...
California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs

California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs

by Phil Hall | Sep 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California legislators have passed a bill that will enable the construction of high-density housing complexes near transit hubs. According to combined media reports, SB 79 proposed by State Sen. Scott Wiener (D-San Francisco) would overrule local zoning ordinances by...
Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year

Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year

by Phil Hall | Sep 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Redfin has reported the number of Canadians using its platform to search for US home purchases or rental housing declined 19.5% year-over-year in August. The Seattle-based division of Rocket Companies (NYSE: RKT) began tracking a drop in Canadians searching for US...
Linkhome Holdings Unveils Platform for Purchasing Real Estate with Cryptocurrency

Linkhome Holdings Unveils Platform for Purchasing Real Estate with Cryptocurrency

by Phil Hall | Sep 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Los Angeles-based Linkhome Holdings Inc. (NASDAQ: LHAI) has launched a platform that enables buyers to purchase US real estate using cryptocurrency. According to the company, the new platform supports direct property purchases with digital assets instead of merely...
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