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Zillow: New Listings Are Outpacing Home Sales

Zillow: New Listings Are Outpacing Home Sales

by Phil Hall | May 15, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More properties are coming on the market than being sold, according to a new data report from Zillow (NASDAQ: Z, ZG). During April, Zillow found the quantity of new listings were up 9.8% from March and up 7.6% from one year earlier, outpacing sales nationwide. New...
Foreclosure Activity Continues to Rise

Foreclosure Activity Continues to Rise

by Phil Hall | May 15, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 36,033 residential properties had foreclosure filings during April, up by a slight 0.4% from the prior month and up by a more substantial 13.9% from one year ago. According to data from ATTOM, one in every 3,950 housing units had a foreclosure filing in...
Mortgage Application Activity and Delinquencies Are Rising

Mortgage Application Activity and Delinquencies Are Rising

by Phil Hall | May 14, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

An increasing number of people are taking out mortgages while a rising level of homeowners aren’t paying their mortgages. The Market Composite Index, the Mortgage Bankers Association’s (MBA) measure of mortgage loan application volume, increased 1.1% on a seasonally...
Indiana Home Sales Up 12%

Indiana Home Sales Up 12%

by Phil Hall | May 13, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in Indiana during April were up by 12% from March 6,924 and were a mere 12 closings below the level set one year ago, according to new data from the Indiana Association of Realtors (IAR), while new pending sales (7,937) finished 5% ahead of last year’s...
The Cheapest Metro Area for Buying a Home Is…

The Cheapest Metro Area for Buying a Home Is…

by Phil Hall | May 13, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Rust Belt and the South dominate the list of the 10 least expensive metros for buying a home, according to a new data report from Redfin (NASDAQ: RDFN). In a survey of the nation’s 91 most populous metro areas during March, Detroit topped the list with the lowest...
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