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Building Permits for Apartments Down 23% Since the Pandemic Construction Boom

Building Permits for Apartments Down 23% Since the Pandemic Construction Boom

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

Developers obtained permits to build an average of 12.8 multifamily housing units for every 10,000 people over the past year, according to a new report from Redfin. This is down by 23.1% from an average of 16.7 during the pandemic building boom, and it is also down by...
Indiana Home Sales Up 9% From One Year Ago

Indiana Home Sales Up 9% From One Year Ago

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

Indiana recorded 7,749 home sales in July, a 1% increase from one year before, while new pending sales totaled 7,853 transactions, up 9% from the prior year. According to the Indiana Association of Realtors (IAR), July’s 10,115 new listings marked a 9%...
Foreclosure Activity Up 13% Year-Over-Year

Foreclosure Activity Up 13% Year-Over-Year

by Phil Hall | Aug 14, 2025 | Current News & Events, Mortgage Information, 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 | Current News & 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 | Current News & 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 | Current News & Events, Mortgage Information, 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...
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