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Progressive Insurance Debuts Program to Empower Prospective Homebuyers

Progressive Insurance Debuts Program to Empower Prospective Homebuyers

by Phil Hall | Jun 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Progressive Insurance has debuted “Open the House,” a multi-year program designed to address the challenges faced by prospective homebuyers. The new program will focus on economic empowerment and will provides tools, information, and resources to help prospective...
US Housing Market Has Nearly $700 Billion in Listings, a Record High

US Housing Market Has Nearly $700 Billion in Listings, a Record High

by Phil Hall | Jun 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of $698 billion worth of US homes are listed for sale as of April, according to new data from Redfin (NASDAQ: RDFN). This marks a 20.3% increase from one year ago and the highest dollar amount recorded since Redfin began tracking this data in 2012. This new...
Report: Texans Lead the Nation for Buying Newly Constructed Homes

Report: Texans Lead the Nation for Buying Newly Constructed Homes

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

Texas homebuyers were twice as likely as buyers nationwide to purchase a newly constructed home instead of a pre-owned property, according to a data report from Texas Realtors. An analysis of Lone Star State real estate transactions between July 2023 and June 2024...
Arrive Home Debuts New Iterations of Earned Equity Program

Arrive Home Debuts New Iterations of Earned Equity Program

by Phil Hall | May 28, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Salt Lake City-based Arrive Home has unveiled two new iterations of its Earned Equity Program (EEP) that seeks to expand homeownership access to underserved communities. According to the company, the new EEP Pathway designed for “ITIN and certain Visa statuses...
Mortgage Application Activity Drops as Home Prices Rise

Mortgage Application Activity Drops as Home Prices Rise

by Phil Hall | May 28, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity fell for the second consecutive week as home prices were on the rise. The Market Composite Index, the Mortgage Bankers Association’s (MBA) measure of mortgage loan application volume, decreased 1.2% on a seasonally adjusted basis for the...
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