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Consumer Confidence in Housing Market on the Rise

Consumer Confidence in Housing Market on the Rise

by Phil Hall | Nov 7, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Consumer confidence in the housing market rose to its highest level since February 2022, according to the latest data from the Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index. The October HPSI increased by 0.7 points to 74.6. The full index is up 9.7 points...
Home Sales and Listings Up in Southern Nevada

Home Sales and Listings Up in Southern Nevada

by Phil Hall | Nov 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Southern Nevada housing market recorded growing levels of home sales and new listings during October, according to data from Las Vegas Realtors. A total of 2,458 existing homes, condos and townhomes were sold in October, up 12.9% year-over-year for homes and up...
Home Builders Group Congratulates Trump on Election

Home Builders Group Congratulates Trump on Election

by Phil Hall | Nov 6, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) voiced its congratulations to Donald Trump on his return to the White House. While NAHB did not endorse any candidates in this election, it had been repeatedly critical of Biden-Harris administration policies that the...
Mortgage Application Activity Down for Sixth Straight Week

Mortgage Application Activity Down for Sixth Straight Week

by Phil Hall | Nov 6, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity trended downward during the week ending Nov. 1, according to data from the Mortgage Bankers Association (MBA). This marked the sixth straight week of application activity decline. The Market Composite Index, the MBA’s measure of mortgage...
Report: Trump Critic Mark Cuban Owns Condo in NYC Trump Hotel

Report: Trump Critic Mark Cuban Owns Condo in NYC Trump Hotel

by Phil Hall | Nov 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Billionaire entrepreneur Mark Cuban made himself the center of attention in recent weeks by bashing former President Donald Trump’s election campaign, but an investigative report by the New York Post discovered the “Shark Tank” star has quietly owned a condo in a...
Report: Renter Households Growing at Record Pace

Report: Renter Households Growing at Record Pace

by Phil Hall | Nov 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of renter households in the third quarter totaled a record 45.6 million, a 2.7% year-over-year increase, according to new data report from Redfin (NASDAQ: RDFN). This growth rate is three times faster than the 0.9% increase in homeowner households, which...
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