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National Luxury Housing Threshold Down During August

National Luxury Housing Threshold Down During August

by Phil Hall | Sep 10, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national entry point to luxury housing during August was $1.2 million, down by 4% from both July and August 2025, according to data from Realtor.com. August marked the 29th consecutive month of annual declines. Price thresholds declined across every luxury tier: a...
Report: Property Insurance Accounts for 9.6% of Average Mortgage Payment

Report: Property Insurance Accounts for 9.6% of Average Mortgage Payment

by Phil Hall | Sep 10, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Property insurance accounts for 9.6% of the average monthly mortgage payment, according to the September Mortgage Monitor published by Intercontinental Exchange Inc. (NYSE: ICE). The average single-family mortgage holder now pays $209 per month for insurance, nearly...
Existing Home Sales Slowed in August Despite a Nearly 7-Year Inventory High

Existing Home Sales Slowed in August Despite a Nearly 7-Year Inventory High

by Phil Hall | Sep 10, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales during August were down by 2.0% month-over-month and 1.2% year-over-year, according to data from the National Association of Realtors (NAR). Last month’s sales were at a seasonally adjusted annual rate of 3.98 million, which marked the first time...
Mortgage Credit Availability Tightened in August

Mortgage Credit Availability Tightened in August

by Phil Hall | Sep 10, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability became tighter in August, according to data from the Mortgage Bankers Association (MBA). The trade organization’s Mortgage Credit Availability Index (MCAI) dropped by 1% to a reading of 107.3 last month; the index was benchmarked to 100 in...
D.R. Horton Faces Growth and Affordability Challenges Heading Into 2027

D.R. Horton Faces Growth and Affordability Challenges Heading Into 2027

by Nathan S. Pierce | Sep 9, 2026 | Current News & Events, U.S. Housing Market

D.R. Horton’s latest results highlight a challenge facing homebuilders heading into 2027: delivering more homes while protecting profits as buyers struggle with affordability. The company closed 23,983 homes in its fiscal third quarter ended June 30, up 4% from a year...
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