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Home Sales Profits Down During Q1

Home Sales Profits Down During Q1

by Phil Hall | Apr 23, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners made a 44.1% profit on typical single-family home and condo sales during the first quarter of this year, according to data from ATTOM. That was down from 47.2% in the previous quarter and from 50.2% the first quarter of 2025. The profit margin percentage is...
Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March

Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March

by Phil Hall | Apr 22, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly 53,000 U.S. home-sale agreements fell through in March, equal to 13.4% of homes that went under contract that month. This share is up from 12.5% a year earlier and tied with 2023 as the highest March share on record, aside from the pandemic panic of 2020....
Report: 65% of Homebuyers View First Purchase as Their Forever Home

Report: 65% of Homebuyers View First Purchase as Their Forever Home

by Phil Hall | Apr 22, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The concept of the starter home could soon become passe, according to the latest BMO Real Financial Progress Index report. The report, which polled 2,500 adults from Feb. 17 to March 18, found 65% of buyers expected their first purchase to be their forever home....
Mortgage Application Activity Up 8%

Mortgage Application Activity Up 8%

by Phil Hall | Apr 22, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity took a vibrant upswing during the week ending April 17, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 7.9% on a seasonally...
Pending Home Sales Up 1.5% in March

Pending Home Sales Up 1.5% in March

by Phil Hall | Apr 21, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales in March increased by 1.5% from February but were down by 1.1% from one year ago, according to the National Association of Realtors (NAR). Month-over-month pending home sales increased in the Northeast and South but declined in the Midwest and West....
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