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California Home Sales Hit the Summer Doldrums

California Home Sales Hit the Summer Doldrums

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed escrow sales of existing, single-family detached homes in California remained above their year-ago level for the fourth straight month in July, even as sales retreated to their lowest level in six months. According to data from the California Association of...
New York State Home Sales Up 4.5%

New York State Home Sales Up 4.5%

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York State recorded 10,911 closed home sales in July, a 4.5% increase from the 10,439 homes sold one year earlier. Pending sales also edged higher, with 10,727 homes going under contract last month, a 1% percent uptick from the 10,622 homes pending in July 2025....
Pending Home Sales Declined 2.3%

Pending Home Sales Declined 2.3%

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales in July declined by 2.3% month-over-month and 2.2% year-over-year, according to the National Association of Realtors (NAR). Last month’s sales total was the lowest level since January. Regionally, month-over-month pending home sales declined across...
Housing Starts Plummeted in July

Housing Starts Plummeted in July

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in July were at a rate of 808,000, which is 9.9% below the revised June figure of 897,000, according to data from the US Census Bureau and Department of Housing and Urban Development. Privately-owned housing starts in July were at a...
Cash Purchases for Homebuying Decline Amid Stabilizing Market

Cash Purchases for Homebuying Decline Amid Stabilizing Market

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cash purchases accounted for 31.4% of home sales during the first four months of 2026, down from 32.3% in the same period last year, according to data from Realtor.com. While total home sales fell 8.5% year-over-year, the number of cash sales dropped by 11.2% as the...
Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction

Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Utah lawmakers are planning to introduce legislation that would override local zoning rules and allow single-family homes between 1,000 and 1,400 square feet to be built on smaller lots statewide. Building Salt Lake reports Steve Waldrip, senior advisor for housing...
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