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Report: Real Estate Firms Cite Housing Affordability as Their Greatest Challenge

Report: Real Estate Firms Cite Housing Affordability as Their Greatest Challenge

by Phil Hall | Nov 19, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate firms have overwhelmingly cited housing affordability as their greatest challenge, according to the 2025 Profile of Real Estate Firms published by the National Association of Realtors (NAR). The new report found 56% of real estate firms identifying housing...
Mortgage Application Activity Tumbles by 5.2%

Mortgage Application Activity Tumbles by 5.2%

by Phil Hall | Nov 19, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity dropped during the week ending Nov. 14, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.2% on a seasonally adjusted basis from...
REMAX Finds 3.2% Year-Over-Year Rise in Home Sales

REMAX Finds 3.2% Year-Over-Year Rise in Home Sales

by Phil Hall | Nov 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

October’s home sales were up 3.2% year-over-year across 51 metro areas surveyed by the REMAX National Housing Report. This marks the fifth month in 2025 where sales exceeded last year’s levels. Sales were also up month-over-month, with a 1.7% upswing from...
Builder Confidence Remains Flat

Builder Confidence Remains Flat

by Phil Hall | Nov 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes rose one point to 38 in November, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any number over 50 indicates that more builders view conditions...
Report: Chicago Property Taxes See Largest Hike in 30 Years

Report: Chicago Property Taxes See Largest Hike in 30 Years

by Phil Hall | Nov 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new study released by the Cook County Treasurer’s Office has determined Chicago homeowners are facing the largest property tax jump in three decades. WLS reports the city’s predominantly Black and Hispanic communities will be hit the hardest with the property tax...
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