Report: Housing Affordability at Best Level Since Early 2023

by Phil Hall | Oct 6, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home affordability has reached its best level since early 2023 thanks to easing mortgage rates, according to ICE Mortgage Technology’s October ICE Mortgage Monitor Report. The new report cited 30-year mortgage rates averaging 6.26% in mid-September while the monthly...

First Residential Independent Mortgage, a New Lender, Begins Operations

by Phil Hall | Oct 6, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage Research Center, LLC, the parent company of Veterans United Home Loans, has launched First Residential Independent Mortgage, a full-service mortgage lender. Headquartered in Springfield, Missouri, First Residential Independent Mortgage will specialize in...

KB Home Unveils New Seattle-Area Community

by Phil Hall | Oct 6, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

KB Home (NYSE: KBH), announced the grand opening of Greenleaf Grove, its new cul-de-sac community in the Seattle metro area city of Bothell, Washington. The community’s homes feature two-story floor plans offering up to six bedrooms and three-and-a-half bathrooms....

Gary Mayo Named President of Harmony Homes

by Phil Hall | Oct 6, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Harmony Homes, the Las Vegas-based homebuilding division of The Rhodes Entities, announced the appointment of Gary Mayo as its new president. Mayo comes to Harmony Homes after 27 years as group president at Toll Brothers, where he focused on delivering communities in...

Trump to Push Builders to Increase Home Construction

by Phil Hall | Oct 6, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Trump announced that he is beginning a campaign to encourage the nation’s homebuilders to create more residences. In a post on Truth Social, Trump stated, “Before I became President, ‘OPEC’ kept Oil prices high. It wasn’t right for them to do that but, in a...