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Las Vegas Housing Inventory Up 31% from Last Year

Las Vegas Housing Inventory Up 31% from Last Year

by Phil Hall | Aug 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Las Vegas led the nation’s major metro areas with the largest number of homes for sale in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin. Last month, the total number of homes for sale in Las Vegas recorded a 31% year-over-year...
Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers

Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers

by Phil Hall | Aug 27, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing market has lost about 14,000 home sellers over the past two months, according to data from the Rocket Companies (NYSE: RKT) division Redfin. This marked the first decline in sellers in two years. By the end of July, the total number of home sellers was...
New Home Sales Down 0.6% in July

New Home Sales Down 0.6% in July

by Phil Hall | Aug 25, 2025 | 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 652,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development. This marked a 0.6% decline from the June’s...
Mortgage Application Activity Down Slightly

Mortgage Application Activity Down Slightly

by Phil Hall | Aug 20, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity declined in the week ending Aug. 15, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.4% on a seasonally adjusted basis from one...
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...
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