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Nearly 14% of Home Sales Canceled During January

Nearly 14% of Home Sales Canceled During January

by Phil Hall | Feb 24, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly 40,000 home sale agreements in January, or 13.7% of homes that went under contract, were canceled. According to data from Redfin, that share is up from 13.1% one year before and marked the highest January share in records dating back to 2017. Redfin attributed...
Virginia Home Sales Up as Prices Remain Flat

Virginia Home Sales Up as Prices Remain Flat

by Phil Hall | Feb 24, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 5,881 homes were sold in Virginia during January, a 2.1% increase from the 5,758 transactions recorded one year earlier. According to the Virginia Association of Realtors (VAR), pending sales last month surged 14.4% to 6,723 deals, compared to the 5,879...
Wood Partners Breaks Ground on 204-Unit Multifamily Community in Houston Suburb

Wood Partners Breaks Ground on 204-Unit Multifamily Community in Houston Suburb

by Phil Hall | Feb 24, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Multifamily developer Wood Partners has broken ground on Alta Timberline, a 204-unit luxury community in the Houston suburb of Tomball, Texas. Alta Timberline encompasses seven three-story buildings featuring a mix of one-, two- and three-bedroom layouts, plus...
Lennar Corp. Debuts Single-Family Home Community in Alabama

Lennar Corp. Debuts Single-Family Home Community in Alabama

by Phil Hall | Feb 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuilder Lennar Corp. (NYSE: LEN) has announced the grand opening celebration of Cedar Springs, a new single-family home community in Trinity, Alabama. Cedar Springs offers five home designs, with single- and two-story homes ranging from 1,248 to 2,065 square feet...
Colonial Era New Jersey Estate That Hosted George Washington Listed for $4 Million

Colonial Era New Jersey Estate That Hosted George Washington Listed for $4 Million

by Phil Hall | Feb 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Colonial Era estate in New Jersey that hosted Revolutionary War leaders including George Washington and the Marquis de Lafayette has been listed for sale at $4 million. NJ.com reports the 47-acre property features a 11,500-square-foot mansion known as Lansdown. The...
Report: 44% More Home Sellers Than Buyers

Report: 44% More Home Sellers Than Buyers

by Phil Hall | Feb 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from Redfin determined the current housing market had an estimated 44% more home sellers than buyers. This is up from 30% more than one year earlier and represents the second largest gap in records dating back to 2013 – the largest gap was 45% last...
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