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Home Selling Profits Down in 2024 Despite Price Gains

Home Selling Profits Down in 2024 Despite Price Gains

by Phil Hall | Jan 23, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sellers made a $122,500 profit on typical sales nationwide in 2024, generating a 53.8% return on investment, according to new data from ATTOM. However, the profit margin on median-priced sales nationwide was down from 56.9% in 2023, the second straight annual...
Georgia MLS in Data Access Partnership with 12 Local MLSs

Georgia MLS in Data Access Partnership with 12 Local MLSs

by Phil Hall | Jan 23, 2025 | Market Snapshot, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Georgia MLS has teamed with has united with 12 local MLSs in the state to expand listing data accessibility. According to the organizations, the new partnership connects more than 55,000 agents to the largest inventory of properties in the state under one shared...
Miami’s OnePath Realty Joins eXp Network

Miami’s OnePath Realty Joins eXp Network

by Phil Hall | Jan 23, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), has welcomed Abel Gilbert, leader of the Miami-based OnePath Realty independent brokerage, to its global network. OnePath Realty encompasses 102 agents, eight staff members, and $1.77 billion in...
CBRE Coordinates Sale of 3 Pennsylvania Retail Properties for $14.7 Million

CBRE Coordinates Sale of 3 Pennsylvania Retail Properties for $14.7 Million

by Phil Hall | Jan 23, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

CBRE Group Inc. (NYSE: CBRE) announced the sale of three retail properties located in the suburban Philadelphia market totaling $14.7 million. The sales included a 5,051-square-foot standalone property occupied in a long-term lease by Wawa in Wyomissing, Pennsylvania,...
New Wildfire Breaks Out in Los Angeles County

New Wildfire Breaks Out in Los Angeles County

by Phil Hall | Jan 23, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A new wildfire broke out in Los Angeles County last night, creating the region’s third active blaze. The Los Angeles Times reports the fire began shortly after 11:00 p.m. PST on Wednesday on the eastern side of the 405 Freeway in the Sepulveda Pass. Within two hours,...
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