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Mortgage Application Activity Declines Again

Mortgage Application Activity Declines Again

by Phil Hall | Sep 27, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The level of mortgage application activity declined last week, according to new data the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down by 1.3% on a seasonally adjusted basis from...
Fannie Mae Launches Spanish-Language Program for Hispanic Homebuyers

Fannie Mae Launches Spanish-Language Program for Hispanic Homebuyers

by Phil Hall | Sep 27, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fannie Mae (OTCQB: FNMA) has unveiled HomeView en Español, a Spanish-language digital consumer education platform providing prospective Hispanic homebuyers with 24/7 end-to-end access to information about financial literacy and homeownership. HomeView en Español...
Realtor.com Unveils Renovation Calculator for Homeowners Planning Property Upgrades

Realtor.com Unveils Renovation Calculator for Homeowners Planning Property Upgrades

by Phil Hall | Sep 27, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Realtor.com has introduced a new Renovation Calculator, a new tool designed to provide estimates on the impact of renovations on property value. As the newest tool in Realtor.com’s RealValue line, the Renovation Calculator is designed to give homeowners a better...
Christie’s Opens Office in Park City, Utah

Christie’s Opens Office in Park City, Utah

by Phil Hall | Sep 26, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Christie’s International Real Estate has expanded into the luxury home market for Park City, Utah. The new Christie’s International Real Estate Park City will be owned and managed by Sam Cubis, Ben Fisher, Molly Crosswhite and Rachel Retzer – all formerly of Summit...
26% of US Homebuyers Seeking to Relocate Elsewhere in the Nation

26% of US Homebuyers Seeking to Relocate Elsewhere in the Nation

by Phil Hall | Sep 26, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Slightly more than one-quarter of homebuyers (26%) are looking to move to a different part of the country, according to new data from Redfin (NASDAQ:RDFN). This share is up from 24% one year ago and roughly 19% from the pre-pandemic era, and it also represents a...
US Housing Market Value Up 49% from the Start of the Pandemic

US Housing Market Value Up 49% from the Start of the Pandemic

by Phil Hall | Sep 26, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The total value of the U.S. housing market is now 49% higher than the level at February 2020, the period before the start of the Covid-19 pandemic. According to data from Zillow Group (NASDAQ:Z, ZG), the housing market’s total value is slightly less than $52 trillion,...
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