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Number of DC-Area Homes for Sale Up 22.7% from Last Year

Number of DC-Area Homes for Sale Up 22.7% from Last Year

by Phil Hall | Jul 30, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Washington, DC metro area has a growing surplus number of homes for sale, according to new data from Redfin. Last month, the DC market’s total number of homes for sale were up 22.7% year-over-over, marking the third-biggest jump in records dating back to 2012....
Finally—A Bipartisan Housing Bill That Actually Makes Sense

Finally—A Bipartisan Housing Bill That Actually Makes Sense

by John G. Stevens | Jul 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

In a political climate dominated by division, dysfunction, and finger-pointing, something extraordinary just happened in Washington: Republicans and Democrats actually came together—and unanimously passed a housing bill that might move the needle in the right...
Homebuyer Assistance Programs Reach New Record High During Q2

Homebuyer Assistance Programs Reach New Record High During Q2

by Phil Hall | Jul 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The second quarter of this year saw the debut of 45 new homebuyer assistance programs. a 2% increase from the first quarter. According to the latest Homeownership Program Index report published by Down Payment Resource (DPR), there are currently 2,554 homebuyer...
New Record High for Delaware’s Median Sales Price

New Record High for Delaware’s Median Sales Price

by Phil Hall | Jul 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Delaware median sales price broke the $400,000 mark for the first time in June when it hit $405,996 – the previous record of $399,000 was achieved one month earlier. In June 2024, the price was $389,833. Delaware recorded 1,300 home sales during June, a slight...
Starter Homes Sales and Prices on the Rise

Starter Homes Sales and Prices on the Rise

by Phil Hall | Jul 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of starter homes rose 3.9% year-over-year in June to the highest level in two years, according to a new report from Redfin. June was the 10th consecutive month in which home sales rose year-over-year. Pending sales of starter homes were also up last month with a...
New Report Details Skyrocketing NYC Rental Housing Costs

New Report Details Skyrocketing NYC Rental Housing Costs

by Phil Hall | Jul 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking rent in New York accounted for 55% of a typical household income in the second quarter of 2025, nearly 10% above the 44.5% national median in the for-sale market and more than double the recent share for typical renters nationwide. According to a new...
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