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Record Number of $1 Million-Plus Homes Sold in Texas

Record Number of $1 Million-Plus Homes Sold in Texas

by Phil Hall | Jan 22, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A record number of homes worth more than $1 million were sold in Texas between November 2024 and October 2025, according to data from Texas Realtors. The 14,418 homes sold during this period represented a 12% increase year-over-year increase. The combined value of...
Trump Suggests He is Opposed to Lowering Home Prices

Trump Suggests He is Opposed to Lowering Home Prices

by Phil Hall | Jan 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Trump took to the lectern at the World Economic Forum in Davos, Switzerland, to deliver his much-promoted speech designed to outline his administration’s efforts to encourage affordable homeownership. However, the speech offered no new ideas and gave the...
HUD Targets Minneapolis for Alleged Race-Based Housing Plans

HUD Targets Minneapolis for Alleged Race-Based Housing Plans

by Phil Hall | Jan 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Department of Housing and Urban Development (HUD) announced that its Office for Fair Housing and Equal Opportunity (FHEO) launched an investigation into Minneapolis’ housing policies for potential violations of the Fair Housing Act and Title VI of the Civil Rights...
Pending Home Sales Plummeted During December

Pending Home Sales Plummeted During December

by Phil Hall | Jan 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales in December dropped by 9.3% from the prior month and were down by 3.0% from the previous year, according to data from the National Association of Realtors (NAR). On a regional basis, pending home sales were down in all four regions on a...
Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes

Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes

by Phil Hall | Jan 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Trump issued an executive order on Tuesday evening that directed federal agencies to stop backing loans and offering incentives that would enable institutional investor purchases of single-family homes. “A growing share of single-family homes, often...
Refinancing Inquiries Spark Upswing in Mortgage Application Activity

Refinancing Inquiries Spark Upswing in Mortgage Application Activity

by Phil Hall | Jan 21, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was on the rise thanks mainly to an upswing in refinance inquiries fueled by declining mortgage rates, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 16. The Market Composite Index, the MBA’s...
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