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New York State Housing Inventory Expands to Nearly a 3-Year High

New York State Housing Inventory Expands to Nearly a 3-Year High

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

New York State’s housing inventory reached 30,254 units in June, a 3.9% rise from the 29,110 homes that were available one year earlier. According to the New York State Association of Realtors, this marked the fourth consecutive month of inventory growth and the most...
Pilot Program to Enable Bitcoin Purchases of New Florida Construction Properties

Pilot Program to Enable Bitcoin Purchases of New Florida Construction Properties

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

The blockchain company ByteFederal has unveiled a pilot program in Florida that will enable the use of Bitcoin for property purchases, with settlements delivered in US dollars to sellers. Bitcoin Magazine reports the service is aimed at new construction properties and...
Existing Home Sales Down, Median Home Price at New High

Existing Home Sales Down, Median Home Price at New High

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

Existing home sales during June were down 2.7% from the previous month to a seasonally adjusted annual rate of 3.93 million, according to data from the National Association of Realtors (NAR). There was no change in sales on a year-over-year basis. On regional...
Mortgage Application Activity Inches Up Again

Mortgage Application Activity Inches Up Again

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

Mortgage application activity inched up for the week ending July 18, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.8% on a seasonally adjusted basis from...
A Phil Hall Op-Ed: Now, About the Fed’s HQ Renovations

A Phil Hall Op-Ed: Now, About the Fed’s HQ Renovations

by Phil Hall | Jul 23, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Yesterday, I was listening to a morning television show that featured an interview with Eric Teetsel, the CEO of the Center for American Renewal, a conservative advocacy group that promotes itself as being “created to confront the woke and...
Virginia Home Sales Surge Amid Wider Inventory

Virginia Home Sales Surge Amid Wider Inventory

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

A total of 10,775 homes were sold across Virginia in June, up nearly 8% from one year earlier. However, year-to-date sales activity through June is 0.5% lower than last year. According to data from Virginia Realtors, there were 23,755 active listings on the market...
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