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Active Listings in Texas Up 41% From Last Year

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuyers in the Lone Star State have a wider selection of properties to choose from, according to the latest quarterly data report from Texas Realtors. During the second quarter, active listings of Texas homes for sale reached 125,398, up by nearly 41% compared to...
Pennsylvania Home Prices Continue to Rise

Pennsylvania Home Prices Continue to Rise

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania’s median home sales price recorded a year-over-year uptick for the fifth consecutive month, according to data from the Pennsylvania Association of Realtors (PAR). Last month, the median home sales price increased to $312,000, up from $295,000 in...
Real Estate Investor Sentiment Up 16%

Real Estate Investor Sentiment Up 16%

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Real estate investor sentiment during the second quarter rose by 16% from the previous quarter, according to the new RCN Capital/CJ Patrick Company Investor Sentiment Index. The new data report also found 60% of investors viewed today’s market as better or much...
Report: Realtors Complain of ‘Stagnated’ Market in Hometown of Trump Shooter

Report: Realtors Complain of ‘Stagnated’ Market in Hometown of Trump Shooter

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Realtors in the hometown of Thomas Matthew Crooks, the shooter who took aim at former President Donald Trump, are reporting a significant slowdown in residential property showings since last Saturday’s assassination attempt. TMZ spoke with multiple realtors...
Lucid Capital Markets Establishes REIT Equity Research Group

Lucid Capital Markets Establishes REIT Equity Research Group

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Lucid Capital Markets LLC, a New York City-based broker dealer and investment bank, has launched its REIT Equity Research Franchise with the hiring of Craig Kucera as managing director. In his new role, Kucera will have coverage responsibilities across the real estate...
MBA: Slower Pace on Applications for New Home Purchase Applications

MBA: Slower Pace on Applications for New Home Purchase Applications

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in June inched up 0.7% year-over-year but dropped by 16% month-over-month, according to new data from the Mortgage Bankers Association (MBA). MBA estimated new single-family home sales were running at a seasonally adjusted...
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