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Report: Residential Building Worker Wage Growth Slowed in Q2

Report: Residential Building Worker Wage Growth Slowed in Q2

by Phil Hall | Aug 18, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Real and nominal wage growth for residential building workers slowed during the second quarter, according to an analysis of Bureau of Labor Statistics data published by the National Association of Home Builders (NAHB). The new data analysis determined that the average...
Prince and Princess of Wales Moving to New ‘Forever Home’

Prince and Princess of Wales Moving to New ‘Forever Home’

by Phil Hall | Aug 18, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

If any of our British readers spot a convoy of moving trucks in the vicinity of Windsor, that could belong to some of the area’s most famous residents. William and Catherine, the Prince and Princess of Wales, are moving with their three children to the eight-bedroom...
Builders Continue to Have Little Confidence in the Housing Market

Builders Continue to Have Little Confidence in the Housing Market

by Phil Hall | Aug 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home builders continued to express minimal optimism in the market for newly built single-family homes, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which registered a 32 level in August, down one point...
New Data Reports Highlight a Wobbly Housing Market

New Data Reports Highlight a Wobbly Housing Market

by Phil Hall | Aug 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A pair of new data reports published today are highlighting a growing imbalance across the housing market. A report from the Rocket Companies (NYSE: RKT) division Redfin discovered a considerable slowing the pace of home sales – during July, the typical home that went...
Utah City Approves 34% Property Tax Hike

Utah City Approves 34% Property Tax Hike

by Phil Hall | Aug 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

At a time when most states and municipalities are moving to lower property taxes, a city in southern Utah is going in the opposite direction with a substantial property tax hike. The Salt Lake Tribune reports the City Council in Ivins, Utah, voted 4-1 to raise...
Mortgage Applications for New Home Purchases Surged in July

Mortgage Applications for New Home Purchases Surged in July

by Phil Hall | Aug 18, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in July were up by 7% from the previous month and were also up 6.8% year-over-year, according to data from the Mortgage Bankers Association (MBA). The trade group estimated new single-family home sales were at a seasonally...
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