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Q3 Home Prices Up in 77% of Metro Markets

Q3 Home Prices Up in 77% of Metro Markets

by Phil Hall | Nov 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices were up 77% of metro markets (176 out of 230) during the third quarter, up from 75% in the second quarter. According to new data from the National Association of Realtors, 4% of metro areas recorded double-digit price gains in the third quarter, down...
Report: Increasing Number of VA Loans Being Used in Homebuying

Report: Increasing Number of VA Loans Being Used in Homebuying

by Phil Hall | Nov 5, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

During August, 7.3% of mortgaged homebuyers used a VA loan, up from 6.5% one year earlier, according to a data report from Redfin. This marked the highest share for that month since 2019. Nationwide, the number of VA loans rose 3% year-over-year in August, while the...
Mortgage Application Activity Dips by 2%

Mortgage Application Activity Dips by 2%

by Phil Hall | Nov 5, 2025 | Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage application activity declined during the week ending Oct. 31, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.9% on a seasonally adjusted basis from...
Share of First-Time Homebuyers at Record Low

Share of First-Time Homebuyers at Record Low

by Phil Hall | Nov 4, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The percentage of first-time home buyers has reached a record low while the typical age of first-time buyers hit a 40-year high, according to the 2025 Profile of Home Buyers and Sellers report published by the National Association of Realtors (NAR). For the...
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers

NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers

by Phil Hall | Nov 4, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

NewDay USA has rolled out NewDay Home, a product designed to help veterans and servicemembers achieve homeownership. According to the West Palm Beach, Florida-based company, NewDay Home enables qualifying borrowers to secure a fully underwritten, credit- and...
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