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Home Flipping Activity Down in Q2

Home Flipping Activity Down in Q2

by Phil Hall | Sep 19, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 79,540 single-family homes and condominiums were flipped in the second quarter, according to new data from ATTOM. This represented 7.5%, or one of every 13 home sales. The second quarter’s total is down by 8.7% in the first quarter and down by 7.9% in...
Mortgage Application Activity Up 14.2%

Mortgage Application Activity Up 14.2%

by Phil Hall | Sep 18, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

A growing number of people were taking out mortgages last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, was up by 14.2% on a seasonally adjusted basis on a...
Housing Starts in a Sharp Upswing

Housing Starts in a Sharp Upswing

by Phil Hall | Sep 18, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in August were at a rate of 992,000, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 15.8% above the revised July figure of 857,000. Privately-owned housing starts in August...
A Phil Hall Op-Ed: Does Kamala Harris’ Housing Plan Make Sense?

A Phil Hall Op-Ed: Does Kamala Harris’ Housing Plan Make Sense?

by Phil Hall | Sep 17, 2024 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Last Friday, Vice President Kamala Harris gave her first one-on-one interview since being installed as the Democratic Party’s presidential nominee – not with a hard-hitting nationally prominent journalist, but with a sympathetic anchorman for ABC...
Builder Confidence Inches Up

Builder Confidence Inches Up

by Phil Hall | Sep 17, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes inched up this month in the latest the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The September HMI reading was 41, up from 39 in August. This month’s HMI...
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