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Pending Home Sales Evaporated in June

Pending Home Sales Evaporated in June

by Phil Hall | Jul 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales in June were down by 5.4% from the prior month and down 0.3% from one year earlier, according to the National Association of Realtors (NAR). Month-over-month pending home sales declined in all four major regions while year-over-year pending home...
Builders Remain Pessimistic Over Single-Family Home Market

Builders Remain Pessimistic Over Single-Family Home Market

by Phil Hall | Jul 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes fell two points to 34 in July, down from an upwardly revised reading of 36 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any HMI level...
New Home Mortgage Applications Up 2.4% From One Year Ago

New Home Mortgage Applications Up 2.4% From One Year Ago

by Phil Hall | Jul 16, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in June declined by 6% from May but increased 2.4% from one year before, according to data from the Mortgage Bankers Association (MBA). The trade group estimated new single-family home sales were running at a seasonally...
A California Housing First: San Jose ADU Sold as a Condo Unit

A California Housing First: San Jose ADU Sold as a Condo Unit

by Phil Hall | Jul 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An accessory dwelling unit (ADU) in San Jose has become the first California property of its kind to be sold as a condo unit on an existing property. SFGate.com reports the 749-square-foot, two-bedroom standalone home near downtown sold for $530,000; it was first...
Redfin Brings The Weather Company’s Data to its Home Listings

Redfin Brings The Weather Company’s Data to its Home Listings

by Phil Hall | Jul 16, 2026 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Seattle-headquartered brokerage Redfin is now partnering with The Weather Company, the parent company of The Weather Channel app and weather.com, to bring local weather data to every for-sale home listing on its platforms. According to the companies, Redfin users...
Trump’s Childhood Home Under Contract for a $2 Million Sale

Trump’s Childhood Home Under Contract for a $2 Million Sale

by Phil Hall | Jul 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Donald Trump’s childhood home in Queens, New York, is under contract for a $1.99 million sale. Mansion Global reports real estate developer Tommy Lin acquired the property in March 2025 for $835,000 and extensively renovated the rundown property, which had...
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