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Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market

Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market

by Phil Hall | Mar 20, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More than half of Americans believe advances in artificial intelligence (AI) results could make it more difficult for them to become homeowners. According to a survey commissioned by Redfin, nearly three in five respondents (59%) feared that AI will result in the...
30-Year Fixed-Rate Mortgage Surges to 6.22%

30-Year Fixed-Rate Mortgage Surges to 6.22%

by Phil Hall | Mar 19, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates surged in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of March 19, up from last week when it averaged 6.11%. A year ago at this time, it averaged 6.67%. The 15-year...
February New Home Purchase Mortgage Applications Up by 0.9%

February New Home Purchase Mortgage Applications Up by 0.9%

by Phil Hall | Mar 19, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases increased 0.9% year-over-year in February, according to data from the Mortgage Bankers Association (MBA). Compared to January, applications decreased by 1%. The MBA estimated new single-family home sales were running at a...
Home Flipping Activity at 5-Year Low

Home Flipping Activity at 5-Year Low

by Phil Hall | Mar 19, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 297,045 single-family homes and condos were flipped nationwide in 2025. According to a data report from ATTOM, that was down by 3.9% from 2024’s total of 309,050, and it also marked the fewest home flips recorded in a year since 2020. Investors were...
REMAX: Homes Sold Faster During February Amid Fewer New Listings

REMAX: Homes Sold Faster During February Amid Fewer New Listings

by Phil Hall | Mar 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homes were selling faster during February in the 50 metro areas surveyed in the latest national housing report published by REMAX (NYSE: RMAX). The overall number of home sales during February was up by 11.1% from January but down 3.2% compared to February 2025....
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