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New-Home Sales Estimate Hits Lowest Pace Since April 2020 as Applications Fall 8.3%

New-Home Sales Estimate Hits Lowest Pace Since April 2020 as Applications Fall 8.3%

by John G. Stevens | Oct 15, 2026 | Mortgage Information, Real Estate News

Mortgage applications to buy newly built homes fell 8.3% from a year earlier in September, and the Mortgage Bankers Association estimated new-home sales dropped to their slowest annualized pace since April 2020 as higher borrowing costs chilled demand. The MBA’s...

New Joint Venture to Create For-Sale Residential Communities Across Texas

by Phil Hall | Jan 27, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bridge Tower Homes, a Dallas-based residential developer, has entered into a joint venture agreement with Hankyu Hanshin Properties Corp., a Japanese real estate company, for the creation of residential for-sale communities throughout Texas. The joint venture’s...
Proptech Startup Propertymate Raises $5.5M in Seed Funding

Proptech Startup Propertymate Raises $5.5M in Seed Funding

by Phil Hall | Jun 14, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Propertymate, an Austin-based proptech startup that helps homebuyers to search, compare, and buy newly constructed homes, has raised $5.5 million in seed funding. According to the company, the new infusion of funds will enable it to rebrand as NewHomesMate and expand...

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