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Urban Construction Accounted for 11% of New Q1 Listings

Urban Construction Accounted for 11% of New Q1 Listings

by Phil Hall | May 7, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only 10.9% of new housing construction listings were in urban ZIP Codes during the first quarter of this year, according to new data from Realtor.com. However, urban new construction carries a 78.4% price premium over urban existing homes, with a median listing price...
Mortgage Application Activity Down While Home Prices Continue to Rise

Mortgage Application Activity Down While Home Prices Continue to Rise

by Phil Hall | May 6, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed during the week ending May 1, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 4.4% on a seasonally adjusted basis from one...
New Home Sales Surged 7.4% in March

New Home Sales Surged 7.4% in March

by Phil Hall | May 5, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in March were at a seasonally adjusted annual rate of 682,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. The activity for March was 7.4% above the February rate of...
Report: Home Prices Inched Up 0.4% in March

Report: Home Prices Inched Up 0.4% in March

by Phil Hall | May 5, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family home prices during March were up by 0.4% on both a month-over-month and year-over-year measurement, according to a data report from Cotality. Among states, Illinois saw the most annual growth in March, increasing by 5.7%. It was followed by New Jersey...
Survey: One-Third of Respondents Believed a Perfect Credit Score is Needed for a Mortgage

Survey: One-Third of Respondents Believed a Perfect Credit Score is Needed for a Mortgage

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

A new survey released by Veterans United Home Loans has discovered a rather considerable amount of incorrect assumptions by prospective homebuyers when it comes to acquiring a property. More than one-third of respondents (34%) were under the impression that they...
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