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More Homes Were Equity Rich During Q2

More Homes Were Equity Rich During Q2

by Phil Hall | Jul 31, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The nationwide share of mortgaged residences considered equity rich rose to 47.4% during the second quarter, up from 46.2% in the first quarter. A new data report from ATTOM determined the second quarter results reversed a trend where the share of equity-rich homes...
Pending Home Sales Down During June

Pending Home Sales Down During June

by Phil Hall | Jul 30, 2025 | News/Current Events, U.S. Housing Market, WRE News Exclusive

Pending home sales in June were down by 0.8% from the prior month and were also down 2.8% year-over-year, according to the National Association of Realtors (NAR). Month-over-month and year-over-year pending sales declined in the Midwest, South, and West. The Northeast...
Mortgage Application Activity Slows Down

Mortgage Application Activity Slows Down

by Phil Hall | Jul 30, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fewer prospective homebuyers were filling out mortgage applications during the week ending July 25, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 3.8% on a...
Number of DC-Area Homes for Sale Up 22.7% from Last Year

Number of DC-Area Homes for Sale Up 22.7% from Last Year

by Phil Hall | Jul 30, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Washington, DC metro area has a growing surplus number of homes for sale, according to new data from Redfin. Last month, the DC market’s total number of homes for sale were up 22.7% year-over-over, marking the third-biggest jump in records dating back to 2012....
Finally—A Bipartisan Housing Bill That Actually Makes Sense

Finally—A Bipartisan Housing Bill That Actually Makes Sense

by John G. Stevens | Jul 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

In a political climate dominated by division, dysfunction, and finger-pointing, something extraordinary just happened in Washington: Republicans and Democrats actually came together—and unanimously passed a housing bill that might move the needle in the right...
Homebuyer Assistance Programs Reach New Record High During Q2

Homebuyer Assistance Programs Reach New Record High During Q2

by Phil Hall | Jul 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The second quarter of this year saw the debut of 45 new homebuyer assistance programs. a 2% increase from the first quarter. According to the latest Homeownership Program Index report published by Down Payment Resource (DPR), there are currently 2,554 homebuyer...
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