Report: 15% of Home Purchase Agreements Canceled in September

by Phil Hall | Oct 22, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly 53,000 home purchase agreements were canceled in September, according to a data report from Redfin. The level of cancelations equals 15% of homes that went under contract last month, up from 13.6% in September 2024. Florida and Texas led the nation with...

Mortgage Application Activity Declines for Fourth Straight Week

by Phil Hall | Oct 22, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed for the fourth consecutive week, according to data from the Mortgage Bankers Association (MBA) measuring the week ending Oct. 17. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.3% on...

REcore Solutions Sues Homes.com and CoStar Group Over Unpaid Licensing Fees

by Phil Hall | Oct 22, 2025 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

REcore Solutions LLC, a licensing services vendor working with multiple listing services and an offshoot of the California Regional Multiple Listing Service Inc. (CRMLS), announced that it filed a lawsuit against Homes.com and its parent company, CoStar Group Inc....

eXp Realty Launches Division Aimed at Sports and Entertainment Clients

by Phil Hall | Oct 22, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

eXp Realty, the subsidiary of eXp World Holdings, Inc. (NASDAQ: EXPI), has launched a new division that will train and support agents working with clients in the professional sports and entertainment industries. The new eXp Sports & Entertainment will be part of...

A Phil Hall Op-Ed: Bill Pulte’s Curious Benevolence

by Phil Hall | Oct 21, 2025 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Earlier this morning, the Federal Housing Finance Agency (FHFA) sent out a brief press statement with the headline: “US Federal Housing Announces Director Pulte Will Donate 100% of His Salary to Wounded Veterans.” The press statement began with this...