Lodge News Today — September 3, 2026
Why Reno’s housing market is holding up while Phoenix, Denver and Austin fall and more — today's lodge signal.
The western United States is seeing a mixed bag in terms of housing market performance. While cities like Phoenix, Denver, and Austin are experiencing declines, Reno's housing market is managing to hold its own. This is a notable exception, and it's worth exploring the factors that are contributing to Reno's resilience.
In related news, the mortgage market is showing some signs of life, with applications rising 0.8% recently. This uptick is accompanied by a growing interest in adjustable-rate mortgages, which now account for 8% of applications. Meanwhile, the reverse mortgage market, as measured by HECM volume, experienced a slip in August, with the top three players dominating 62% of the market. These developments suggest that the housing market remains dynamic, with various trends and shifts playing out across different segments.
Today's signal:
• Why Reno’s housing market is holding up while Phoenix, Denver and Austin fall (housingwire.com)
• HECM volume slips in August, with the ‘Big 3’ holding a 62% market share (housingwire.com)
• Mortgage applications rise 0.8%, ARM share now at 8% (housingwire.com)