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Mortgage Application Activity Declines by 2.5%

Mortgage Application Activity Declines by 2.5%

by Phil Hall | Jun 3, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed again for the week ending May 29, according to data from the Mortgage Bankers Association (MBA). This week’s results include an adjustment for the Memorial Day holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
Report: List Prices Posted Steep Drop in May as New Listings Hit 4-Year High

Report: List Prices Posted Steep Drop in May as New Listings Hit 4-Year High

by Phil Hall | Jun 3, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median list prices fell 2.4% year-over-year during May, according to a new report from Realtor.com. This marked the steepest decline in data recorded by Realtor.com since 2017. The national median list price was $429,500 in May, up 1.1% from April but down 2.4% from...
Pairgap Releases Structured Agreement Tool for Property Co-Ownership Purchases

Pairgap Releases Structured Agreement Tool for Property Co-Ownership Purchases

by Phil Hall | Jun 2, 2026 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pairgap, a real estate co-buying platform designed for people who purchase property together, has unveiled its Real Estate Prenup Builder, a structured agreement tool designed to provide a legal framework to define co-ownership expectations before purchases are...
Report: Typical Homebuyer’s Down Payment at $64,000

Report: Typical Homebuyer’s Down Payment at $64,000

by Phil Hall | Jun 2, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical homebuyer’s down payment in March was $64,000 in March, a 1.5% year-over-year decline. According to a new data report from Redfin, the typical homebuyer puts down 15% of a home’s purchase price, compared to 16.1% in March 2025. Redfin analyzed county...
New Report Finds Minimal Results for Rhode Island’s $120 Million Housing Bond

New Report Finds Minimal Results for Rhode Island’s $120 Million Housing Bond

by Phil Hall | Jun 1, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new report from the Rhode Island Public Expenditure Council (RIPEC) has found a rather weak return on investment from a $120 million housing bond approved by voters in 2024. The Rhode Island Current reports that $52.2 million from the bond had been used by April...
Hits and Misses for the Real Estate Week of May 25-29

Hits and Misses for the Real Estate Week of May 25-29

by Phil Hall | May 29, 2026 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A broke city gets a new tax, a pesky deed thief is back in custody, and Tampa Bay gets another $1 billion request for a stadium. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 25-29. Miss: Ignoring the Root of the...
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