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Are Buyers Willing to Overlook Property and Neighborhood Flaws Just to Get a Home?

Are Buyers Willing to Overlook Property and Neighborhood Flaws Just to Get a Home?

by Phil Hall | Jun 4, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey has found more than three-quarters of Americans are willing to buy a home even if the property or the surrounding area is less than desirable. The survey of 1,000 adults by Clever Real Estate found 57% of respondents would not consider mold to be a...
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 | Current News & 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 | Current News & Events, Mortgage Information, 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 | Current News & 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 | Current News & 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...
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