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Builder Confidence at 7-Month Low

Builder Confidence at 7-Month Low

by Phil Hall | Apr 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes evaporated in the latest Housing Market Index (HMI) published by the National Association of Home Builders (NAHB), dropping four points in April to 34, its lowest level since September 2025. Any...
Percentage of First-Time Homebuyers Falls to All-Time Low

Percentage of First-Time Homebuyers Falls to All-Time Low

by Phil Hall | Apr 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of first-time homebuyers has dropped to an all-time low, according to the 2026 Homebuyers and Sellers Generational Trends report from the National Association of Realtors (NAR). Among the age demographics, Baby Boomers accounted for 42% of today’s property...
Trump Threatens to Fire Powell if He Stays on the Federal Reserve Board

Trump Threatens to Fire Powell if He Stays on the Federal Reserve Board

by Phil Hall | Apr 15, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

President Trump has threatened to fire Federal Reserve Chairman Jerome Powell if he remains at the central bank after his leadership term ends on May 15. Powell still has two years to serve as a member of the Fed’s board of governor, and under Fed rules he can...
Refinancing Surge Drives Up Mortgage Application Activity

Refinancing Surge Drives Up Mortgage Application Activity

by Phil Hall | Apr 15, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity picked up during the week ending April 10 thanks to an uptick in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.8%...
Foshay Tower, Historic Minneapolis Property, Faces Foreclosure

Foshay Tower, Historic Minneapolis Property, Faces Foreclosure

by Phil Hall | Apr 15, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Foshay Tower, a landmark building in downtown Minneapolis, is facing foreclosure after its owners failed to pay off its $51 million mortgage. The Star-Tribune reports the mortgage’s maturity date came in May 2025. Deutsche Bank filed the complaint as a trustee...
Century Communities Unveils New Georgia Community

Century Communities Unveils New Georgia Community

by Phil Hall | Apr 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Century Communities Inc. (NYSE: CCS) announced its next community will be Woodlake Landing, a development in Hartwell, Georgia. Located northeast of Atlanta and Athens near Interstate 85, the community will offer one-story single-family homes with up to four bedrooms,...
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