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How Sweet It Is! Jackie Gleason’s UFO-Inspired Home Listed for $5.5 Million

How Sweet It Is! Jackie Gleason’s UFO-Inspired Home Listed for $5.5 Million

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

One of the most audacious pieces of celebrity real estate is back on the market – Jackie Gleason’s UFO-inspired roundhouse in the Hudson Valley town of Cortlandt Manor, New York, is now listed for $5.5 million. Completed in 1959 and nicknamed “The Mothership,” the...
Existing Home Sales Up 2%

Existing Home Sales Up 2%

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

Existing home sales during July recorded a 2% month-over-month upswing to a seasonally adjusted annual rate of 4.01 million, according to the National Association of Realtors (NAR). On a year-over-year measurement, sales were up by 0.8%. The sales increase was matched...
15% of Home Purchase Agreements Fell Through in July

15% of Home Purchase Agreements Fell Through in July

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

Approximately 58,000 home purchase agreements were canceled in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin. The rate of cancelations accounted for 15.3% of homes that went under contract last month, up from 14.5% one year ago....
Zombie Properties on the Rise

Zombie Properties on the Rise

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

Roughly 1.4 million residential properties, or about 1.3% of all US homes, were vacant during the third quarter, according to data from ATTOM, which also found 7,519 pre-foreclosure homes, or 3.38% of the 222,318 properties in the process of foreclosure, were “zombie”...
Single-Family Built-for-Rent Construction Down in Q2

Single-Family Built-for-Rent Construction Down in Q2

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

The quantity of single-family built-for-rent construction (SFBFR) declined during second quarter, according to a National Association of Home Builders (NAHB) analysis of US Census Bureau data. During the second quarter, approximately 12,000 SFBFRs were started, down...
REMAX: Homes Sales Steady, But Taking Longer to Sell

REMAX: Homes Sales Steady, But Taking Longer to Sell

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

July home sales reversed a five-month growth trend with a slight 0.7% month-over-month decline, according to the latest REMAX National Housing Report. One year-over-year basis, sales were up 0.6%, although sales took longer to complete – an average of 44 days on the...
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