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New York State Median Home Sale Price Breaks Record High

New York State Median Home Sale Price Breaks Record High

by Phil Hall | Aug 21, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York State set a record for median home sale prices in July, reaching $451,000 – a 4.9% hike from the $430,000 price set one year earlier. According to data from the New York State Association of Realtors, home prices have not experienced a year-over-year decline...
A Phil Hall Op-Ed: Mr. Pulte, You’re Not Doing Your Job

A Phil Hall Op-Ed: Mr. Pulte, You’re Not Doing Your Job

by Phil Hall | Aug 21, 2025 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: The official duties of the director of the Federal Housing Finance Agency (FHFA) involves the regulation of Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. It is not a law enforcement job, nor does this position involve choosing who...
Florida Home Sales and Prices Down for July

Florida Home Sales and Prices Down for July

by Phil Hall | Aug 21, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 22,707 closed sales of existing single-family homes in July, down 2.8% year-over-year, while existing condo-townhouse sales totaled 7,381, down 11.8% from one year earlier. According to data from Florida Realtors, pending sales were down by 0.7% on...
Pennsylvania Housing Inventory Hits 3-Year High

Pennsylvania Housing Inventory Hits 3-Year High

by Phil Hall | Aug 21, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of Pennsylvania homes on the market reached a three-year high in July, with 42,270 seeking buyers, a 9.5% year-over-year spike. According to data from the Pennsylvania Association of Realtors (PAR), July’s listings were also up 1.5% from June. But despite...
Mortgage Rates Remain Flat

Mortgage Rates Remain Flat

by Phil Hall | Aug 21, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates held steady in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.58% as of Aug. 21, unchanged from last week. A year ago at this time, it averaged 6.46%. The 15-year fixed-rate...
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