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Q1 Home Equity Levels Down Slightly

Q1 Home Equity Levels Down Slightly

by Phil Hall | May 8, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from ATTOM has found 46.2% of mortgaged residential properties were considered equity-rich in the first quarter, down from 47.7% in the fourth quarter of 2024. However, the rate is also nearly double what it was in the first quarter of 2020, prior to...
Roughly One-Third of Non-Homeowners Don’t Expect to Buy a Home in the Next Five Years

Roughly One-Third of Non-Homeowners Don’t Expect to Buy a Home in the Next Five Years

by Phil Hall | May 7, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly one-third (30%) of Americans who do not own a home doubt that they will buy one within the next five years, according to a new Gallup poll, 23% do not believe they will achieve homeownership in the next 10 years and 45% said it would not happen for the...
Mortgage Application Activity Rebounds with 11% Upswing

Mortgage Application Activity Rebounds with 11% Upswing

by Phil Hall | May 7, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity picked up with new gusto for the week ending May 2, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11% on a seasonally adjusted...
Realtor.com Launches New Marketing Campaign Starring Reba McIntire

Realtor.com Launches New Marketing Campaign Starring Reba McIntire

by Phil Hall | May 5, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Realtor.com has recruited country music and sitcom star Reba McIntire for a new marketing campaign dubbed “Nearly Home.” According to the company, the campaign will offer a “series of sitcom-inspired ads which will be the biggest real estate campaign of...
North Dakota Governor Signs ‘Historic’ Property Tax Bill

North Dakota Governor Signs ‘Historic’ Property Tax Bill

by Phil Hall | May 5, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

North Dakota Gov. Kelly Armstrong signed a property tax relief bill into law this weekend that is designed to assist North Dakota homeowners while limiting growth in local spending. House Bill 1176, which passed in North Dakota’s House 86-4 and the Senate 46-0 on...
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