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New Coalition Seeks to Address Racial Disparities in Homeownership

New Coalition Seeks to Address Racial Disparities in Homeownership

by Phil Hall | Oct 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A coalition of 14 trade associations, financial institutions and government-sponsored enterprises have joined forces to create the Convergence Collaboration, a new endeavor designed to address the issues that contribute to racial disparities in homeownership. Over the...
Mortgage Application Activity Slows Down

Mortgage Application Activity Slows Down

by Phil Hall | Oct 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed during the week ending Oct. 4, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.1% on a seasonally adjusted basis from one...
Lennar Expands Presence in North Carolina and Minnesota

Lennar Expands Presence in North Carolina and Minnesota

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

The homebuilder Lennar Corporation (NYSE: LEN) has announced new communities planned for North Carolina and Minnesota. In North Carolina, the company acquired 2,194 homesites within the Caleb’s Creek master community in Kernersville. Spanning approximately 700...
Hits and Misses for the Real Estate Week of Sept. 30-Oct. 4

Hits and Misses for the Real Estate Week of Sept. 30-Oct. 4

by Phil Hall | Oct 4, 2024 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing on the debate stage, FEMA in a financial hole and a rapper’s heavily discounted home sale. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 30 to Oct. 4. Hit: Talking About Housing. Congratulations to CBS News...
Two Kansas City Apartment Complexes Declare a Rent Strike

Two Kansas City Apartment Complexes Declare a Rent Strike

by Phil Hall | Oct 4, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kansas City is experiencing its first rent strike since 1980, with the KC Tenants union taking aim at properties that they claim to be uninhabitable. The Kansas City Star reports that union members at Independence Towers and Quality Hill Towers are withholding over...
Kansas Home Sales and Prices Forecast to Rise in 2025

Kansas Home Sales and Prices Forecast to Rise in 2025

by Phil Hall | Oct 4, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kansas home sales and home prices will be on the rise next year, according to the 2025 Kansas Housing Markets Forecast series published by the Wichita State University Center for Real Estate. The new forecast reported that home sales activity across Kansas stabilized...
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