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Pending Home Sales Inched Up in July

Pending Home Sales Inched Up in July

by Phil Hall | Aug 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales were up for the second consecutive month in July, according to data from the National Association of Realtors (NAR). NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, inched up by 0.9% to...
Mortgage Application Activity Up for First Time in Five Weeks

Mortgage Application Activity Up for First Time in Five Weeks

by Phil Hall | Aug 30, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for purchase loans and refinances increased for the first time in five weeks, according to new data from the Mortgage Bankers Association (MBA) covering the week ending Aug. 25. The Market Composite Index, the trade group’s measure of mortgage...
Home Prices Continue to Remain Elevated

Home Prices Continue to Remain Elevated

by Phil Hall | Aug 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two data reports issued today reaffirmed that housing prices are showing no signs of weakening. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, remained unchanged in June from one year earlier and were up...
FTC in $1.6 Million Settlement with Roomster Over Fraudulent Postings

FTC in $1.6 Million Settlement with Roomster Over Fraudulent Postings

by Phil Hall | Aug 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Federal Trade Commission (FTC), working with a coalition of state attorneys general, announced a $1.6 million settlement from Roomster, an online apartment search platform, and its owners, John Shriber and Roman Zaks, who were accused of defrauding millions...
HGTV Smart Home 2023 Sweepstakes Winner is Named

HGTV Smart Home 2023 Sweepstakes Winner is Named

by Phil Hall | Aug 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A dental office employee in Kingsport, Tennessee, has become a new resident of Santa Fe, New Mexico by winning the HGTV Smart Home 2023 sweepstakes competition. Stacey Braswell’s prize package is valued at over $2.2 million and includes a newly built and furnished...
Integro Bank, a Phoenix-Based Community Bank, Creates a Mortgage Division

Integro Bank, a Phoenix-Based Community Bank, Creates a Mortgage Division

by Phil Hall | Aug 29, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Phoenix-headquartered Integro Bank has announced the launch of a mortgage division. Steven Zielsdorf, vice president and director of residential mortgage lending, will lead the new division for Integro Bank, a single-branch community bank with $42.6 million in assets....
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