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Average Property Tax on Single-Family Home Up 2.7% in 2024

Average Property Tax on Single-Family Home Up 2.7% in 2024

by Phil Hall | Apr 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of $357.5 billion was levied in property taxes on single-family homes in 2024, down 1.6% from 2023. However, new data from ATTOM also found the average tax on a single-family home rose to $4,172 in 2024, a 2.7% increase over the previous year. In comparison,...
Report: Homes Are Taking Longer to Sell

Report: Homes Are Taking Longer to Sell

by Phil Hall | Apr 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical home that went under contract in March was on the market for 47 days, according to new data report from Redfin (NASDAQ: RDFN). This is the longest days on the market period for any March since 2019. Redfin noted that more than one-quarter (27%) of homes...
RE/MAX: Home Sales Up 23% in March

RE/MAX: Home Sales Up 23% in March

by Phil Hall | Apr 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in March surged by 23% from February, marking the largest month-over-month sales increase since 37.4% in March 2023, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). On a year-over-year measurement, sales were down 1.4%....
Jim Dinegar Named CEO of Society of Industrial Office Realtors

Jim Dinegar Named CEO of Society of Industrial Office Realtors

by Phil Hall | Apr 17, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Society of Industrial and Office Realtors (SIOR) has named Jim Dinegar as its new CEO, effective May 1. He replaced Robert Thornburgh, who stepped down to become regional president of the Southwest Region at Cushman & Wakefield (NYSE: CWK). Dinegar brings more...
Christie’s International Real Estate Expands into New Zealand

Christie’s International Real Estate Expands into New Zealand

by Phil Hall | Apr 17, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Christie’s International Real Estate has announced the opening of its first New Zealand affiliate, Thomas Estates | Christie’s International Real Estate. Award-winning agents Russell and Angela Thomas are co-leading the firm, which serves the Waikato region on New...
New Chief Operating Officer at Ginnie Mae

New Chief Operating Officer at Ginnie Mae

by Phil Hall | Apr 17, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Ginnie Mae has appointed Joseph M. Gormley as executive vice president and chief operating officer. In his new job, Gormley will lead Ginnie Mae’s strategic initiatives, operational functions, and risk management efforts. Gormley previously held several senior roles...
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