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Foreclosure Activity Up During Q1

Foreclosure Activity Up During Q1

by Phil Hall | Apr 10, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 93,953 residential properties carried foreclosure filings during the first quarter of this year, according to new data from ATTOM. This is up by 11% from the previous quarter but down 2% from one year ago. Nationwide one in every 1,515 housing units had a...
Mortgage Application Activity Surges by 20%

Mortgage Application Activity Surges by 20%

by Phil Hall | Apr 9, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications surged to its highest level since last September, according to data from the Mortgage Bankers Association (MBA) covering the week ending April 4. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 20% on...
Northeast Housing Markets Lead Nation for Down Payment Increases

Northeast Housing Markets Lead Nation for Down Payment Increases

by Phil Hall | Apr 9, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Northeast led the nation last year with the greatest increases in median down payments while Southern and Western states recorded the most significant declines. According to new data from Realtor.com, Delaware led the nation in 2024 with a 38.6% rise in median...
Report: Roof Repair Costs at $31 Billion in 2024

Report: Roof Repair Costs at $31 Billion in 2024

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

Roof repair and replacement cost value totaled nearly $31 billion in 2024, according to the US Roofing Realities Trend Report published by Verisk (NASDAQ: VRSK). This is a nearly 30% surge since 2022. Roof related line items made up more than one-quarter of all...
Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment

Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment

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

A new survey from Redfin (NASDAQ: RDFN) has found one in five (20%) prospective homebuyers are expecting to sell stocks to help fund their next down payment. Among homeowners, Redfin found roughly one in eight (13%) said they sold stocks to help fund their down...
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