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Obama’s Former Martha’s Vineyard Rental Listed at $39 Million

Obama’s Former Martha’s Vineyard Rental Listed at $39 Million

by Phil Hall | Apr 28, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Blue Heron Farm, the Martha’s Vineyard property that was the summer home of President Barack Obama and his family during his first term, has been listed for $39 million. The Wall Street Journal reports the roughly 30-acre property in Chilmark, Massachusetts, includes...
Hits and Misses for the Real Estate Week of April 21-25

Hits and Misses for the Real Estate Week of April 21-25

by Phil Hall | Apr 25, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, U.S. Housing Market, WRE News Exclusive

Homebuyers who regret their purchase, a new approach to data center development, and another attempt to combat homelessness. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 21-25. Miss: Post-Purchase Depression. A...
Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics

Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics

by Phil Hall | Apr 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The affordability gap for Black and Hispanic households seeking homeownership in California continues to remain behind other ethnic demographics, according to a new data report from the California Association of Realtors (CAR). During 2024, less than one-fifth (18%)...
New York State’s Housing Inventory Inches Up, But Sales Remain Static

New York State’s Housing Inventory Inches Up, But Sales Remain Static

by Phil Hall | Apr 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York State’s housing inventory inched up by 1% year-over-year, from 23,828 homes available in March 2024 to 24,067 homes on the market last month, while new listings jumped 8.8% from 11,377 homes in March 2024 to 12,380 units last months. But according to the New...
Florida Home Sales Down Despite Wider Listings and Inventory

Florida Home Sales Down Despite Wider Listings and Inventory

by Phil Hall | Apr 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 23,128 closed sales of existing single-family homes during March, down 1.3% year-over-year, while existing condo-townhouse sales totaled 8,414, down 9.8% from one year earlier. According to data from Florida Realtors, the statewide median sales price...
Existing Home Sales Down by Nearly 6%

Existing Home Sales Down by Nearly 6%

by Phil Hall | Apr 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales sank by 5.9% from February to March to a seasonally adjusted annual rate of 4.02 million, according to data from the National Association of Realtors (NAR). Year-over-year, sales dropped by 2.4% from the 4.12 million transactions in March 2024. On...
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