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New Home Sales Surged in April

New Home Sales Surged in April

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

Sales of new single-family houses in April were at a seasonally adjusted annual rate of 743,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 10.9% above the March 2025 rate of 670,000 and is 3.3%...
RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain

RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain

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

RE/MAX Holdings (NYSE: RMAX) has expanded its global presence with the sale of master franchise rights in Côte d’Ivoire and the opening of a franchised brokerage in Bahrain. The Côte d’Ivoire region is led by Constant Tanflotien, Aboubacar Coulibaly and...
Housing Inventory Up 30.6%, a New Post-Pandemic High

Housing Inventory Up 30.6%, a New Post-Pandemic High

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

The inventory of homes for sale during April was up by 30.6% from one year earlier, according to new data from Realtor.com. This marked both the 18th consecutive month of inventory growth as well as a new post-pandemic high. The total number of unsold homes, including...
Illinois Home Sales Decline While Housing Inventory Grows

Illinois Home Sales Decline While Housing Inventory Grows

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

A total of 11,308 single-family homes and condominiums were sold in Illinois during April, which marked a 3.4% drop from the 11,705 homes sold one year earlier. According to data from Illinois Realtors, the dip in home sales was seesawed by a rise in inventory – the...
Alabama Home Sales Dropped in April

Alabama Home Sales Dropped in April

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

Alabama recorded 5,791 home sales during April, down 6.8% from the prior month but up 10.8% from one year earlier. According to data from the Alabama Association of Realtors (AAR), the state had 19,144 active listings at the end of April, a 27% upswing compared to the...
New York Real Estate Broker Arrested for Forgery and Identity Theft

New York Real Estate Broker Arrested for Forgery and Identity Theft

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

An upstate New York real estate broker was arrested on multiple charges related to forgery and identity theft. CBS 6 Albany reports Jean Maloney, the owner of 21st Century Properties and Hanks Hollow Realty, was hired by a business in Halfmoon, New York, to manage its...
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