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The American Dream of Homeownership Is Not Dead, But We’re Sure Making It Hard to Find

The American Dream of Homeownership Is Not Dead, But We’re Sure Making It Hard to Find

by John G. Stevens | Jun 3, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

40. The average first-time homebuyer in America is now 40 years old. In 1981 it was 29. We added 11 years in one generation — eleven years of rent, missed equity, and someone else's wealth building instead of yours. Market snapshot — April 2026 Existing home...
Mortgage Application Activity Declines by 2.5%

Mortgage Application Activity Declines by 2.5%

by Phil Hall | Jun 3, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed again for the week ending May 29, according to data from the Mortgage Bankers Association (MBA). This week’s results include an adjustment for the Memorial Day holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
Report: List Prices Posted Steep Drop in May as New Listings Hit 4-Year High

Report: List Prices Posted Steep Drop in May as New Listings Hit 4-Year High

by Phil Hall | Jun 3, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median list prices fell 2.4% year-over-year during May, according to a new report from Realtor.com. This marked the steepest decline in data recorded by Realtor.com since 2017. The national median list price was $429,500 in May, up 1.1% from April but down 2.4% from...
Report: Typical Homebuyer’s Down Payment at $64,000

Report: Typical Homebuyer’s Down Payment at $64,000

by Phil Hall | Jun 2, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical homebuyer’s down payment in March was $64,000 in March, a 1.5% year-over-year decline. According to a new data report from Redfin, the typical homebuyer puts down 15% of a home’s purchase price, compared to 16.1% in March 2025. Redfin analyzed county...
Investors Less Active in the Q1 Housing Market

Investors Less Active in the Q1 Housing Market

by Phil Hall | May 28, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Investor purchasing of homes were down by 6% year-over-year in the first quarter, the lowest level since the start of the pandemic 2020. According to data from Redfin, the last time investors bought so few homes was in 2016. Real estate investors purchased 19% of...
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