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Sales Remain Strong in Florida’s Housing Market

Sales Remain Strong in Florida’s Housing Market

by Phil Hall | May 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Florida housing market recorded 24,682 closed sales of existing single-family homes in April, up 5.8% year-over-year, while existing condo-townhouse sales totaled 10,228, up 1.9% from one year earlier, according to new data from Florida Realtors. The statewide...
New York State Home Sales Enjoy Rare Uptick in April

New York State Home Sales Enjoy Rare Uptick in April

by Phil Hall | May 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York’s housing market enjoyed a spring revival in April as closed sales totaled 7,155 transactions, up 1.5% from 7,046 sales in April 2023. According to the New York State Association of Realtors, this is only the second time in the last 32 months when closed...
John Lennon and Yoko Ono’s First NYC Home is Listed for $5.5 Million

John Lennon and Yoko Ono’s First NYC Home is Listed for $5.5 Million

by Phil Hall | May 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The two-story building in New York City’s Soho district that was once home to John Lennon and Yoko Ono has been listed for the first time in 53 years for $5.5 million. The couple bought the building in 1971 and lived there for two years until they moved into the...
Judge Blocks Foreclosure Auction of Elvis Presley’s Graceland

Judge Blocks Foreclosure Auction of Elvis Presley’s Graceland

by Phil Hall | May 22, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A Tennessee judge has blocked the planned foreclosure auction of Graceland, the former estate of Elvis Presley. The Associated Press reported that Shelby County Chancellor JoeDae Jenkins issued a temporary injunction against the proposed auction, which was slated to...
Existing Home Sales Down Despite Inventory Gains

Existing Home Sales Down Despite Inventory Gains

by Phil Hall | May 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales were down by 1.9% from March to a seasonally adjusted annual rate of 4.14 million in April, according to new data from the National Association of Realtors (NAR). Compared to the previous year, sales were also down by 1.9% from 4.22 million in...
Boston’s Median Sales Price on Single-Family Homes at Record-Breaking $950K

Boston’s Median Sales Price on Single-Family Homes at Record-Breaking $950K

by Phil Hall | May 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The monthly median selling price for single-family homes in the Boston area reached a record high in April of $950,000, according to data from the Greater Boston Association of Realtors (GBAR). This represented a 16.2% year-over-year spike from the median of $817,250...
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