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Mortgage Application Activity Slows Amid Decline in Refinancing

Mortgage Application Activity Slows Amid Decline in Refinancing

by Phil Hall | Apr 1, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed during the week ending March 27 amid a steep decline in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, fell by 10.4% on...
A Phil Hall Op-Ed: In Search of New Homes

A Phil Hall Op-Ed: In Search of New Homes

by Phil Hall | Mar 31, 2026 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Last week, the National Association of Home Builders (NAHB) number-crunched data from the American Community Survey and came up with a remarkable result: Roughly half of the nation’s housing stock was built in the 1980s and earlier, with slightly...
New Data Reports Find Cooling but Continued Home Price Gains

New Data Reports Find Cooling but Continued Home Price Gains

by Phil Hall | Mar 31, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports tracking January’s housing market found home prices are continuing to rise, albeit at a much slower pace. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 0.9% annual gain in January, down from a 1.1% rise in the...
Homeownership Affordability Near 4-Year High, But Can it Last?

Homeownership Affordability Near 4-Year High, But Can it Last?

by Phil Hall | Mar 30, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from First American Financial Corp. (NYSE: FAF) has determined homeownership affordability is near a four-year high, although current economic tumult may create a new wave of problems. “Affordability began 2026 on its strongest footing since August...
More Than Half of Homes for Sale on the Market for At Least 60 Days

More Than Half of Homes for Sale on the Market for At Least 60 Days

by Phil Hall | Mar 30, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homes aren’t exactly selling like hotcakes – according to a new data report from Redfin, more than half (52.2%) of February’s home listings were on the market for at least 60 days without going under contract, up from 50.1% one year earlier and the highest share since...
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