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Mortgage Application Activity Dips by 1%

Mortgage Application Activity Dips by 1%

by Phil Hall | Aug 26, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed for the week ending Aug. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 1% on a seasonally adjusted basis from one...
Mamdani Issues New Deadline on Pied-à-Terre Tax Appeals, Admits 1,200 Contacted in Error

Mamdani Issues New Deadline on Pied-à-Terre Tax Appeals, Admits 1,200 Contacted in Error

by Phil Hall | Aug 26, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani’s administration has issued a second extension on the deadline for challenging his pied-à-terre tax while acknowledging that more than 1,000 residents received tax bill notices by mistake. The tax is designed to target the owners of...
Carrington Expands Non-QM Lending to Borrowers With FICO Scores as Low as 550

Carrington Expands Non-QM Lending to Borrowers With FICO Scores as Low as 550

by John G. Stevens | Aug 26, 2026 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Anaheim, California-based Carrington Mortgage Services has expanded its Flexible Advantage non-QM program, opening additional financing options for borrowers whose credit histories, income documentation or investment profiles can leave them outside traditional...
Report: New Homes Have Been Getting Smaller

Report: New Homes Have Been Getting Smaller

by Phil Hall | Aug 25, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Today’s new homes are smaller than the properties that were built over the previous decade, according to a new analysis published by LendingTree. The average US new home size shrank by 11.6% from 2,724 square feet in 2015 to 2,409 in 2025. Regionally, the square...
Tech Trends: All Eyes on AI

Tech Trends: All Eyes on AI

by Phil Hall | Aug 25, 2026 | Commercial Real Estate News, News/Current Events, Real Estate Agent Tools, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

After an extended hiatus, our Tech Trends feature returns with a look at the latest artificial intelligence (AI) developments in real estate technology. Special Agents: The property data and analytics provider ATTOM has expanded its ATTOM Intelligence platform with an...
New Home Sales Plunged 10.5% in July

New Home Sales Plunged 10.5% in July

by Phil Hall | Aug 25, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in July were at a seasonally adjusted annual rate of 607,000, according to estimates from the US Census Bureau and the Department of Housing and Urban Development. This is 10.5% below the June rate of 678,000 and is 6.3% below the...
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