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Forecast Warns of 10% Spike in Electric Heating Costs This Winter

Forecast Warns of 10% Spike in Electric Heating Costs This Winter

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

Households that heat their residences with electricity could see a 10.2% increase in their winter heating bills to an average of $1,205 this year, up from $1,093 last winter. According to a forecast from the National Energy Assistance Directors Association (NEADA),...
Florida Records Surge in Pending Home Sales

Florida Records Surge in Pending Home Sales

by Phil Hall | Sep 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 21,798 closed sales of existing single-family homes in August, down 3.9% year-over-year, while existing condo-townhouse sales totaled 7,424, down 6% from one year earlier. According to data from Florida Realtors, new pending sales of single-family...
Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes

Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes

by Phil Hall | Sep 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homes that are listed as fixer-uppers receive 52% more page views per property than comparable older, affordable homes, according to a data analysis report by Realtor.com. The typical fixer-upper has three bedrooms, two bathrooms and was built in 1958. These homes had...
Homebuyer’s Lawsuit Accuses Zillow of Deceptive Practices

Homebuyer’s Lawsuit Accuses Zillow of Deceptive Practices

by Phil Hall | Sep 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Portland homebuyer is suing Zillow (NASDAQ: Z, ZG) for allegedly tricking him into splitting his agent’s commission with the Seattle-based brokerage. The Seattle Times is reporting the lawsuit filed with the US District Court for the Western District of Washington...
New Pilot Program Aimed at Expanding Homeownership in Detroit

New Pilot Program Aimed at Expanding Homeownership in Detroit

by Phil Hall | Sep 23, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Michigan State Housing Development Authority (MSHDA) is partnering with the Tobias Harris Homeownership Initiative (THHI), a program backed by Detroit Pistons icon Tobias Harris, on a new shared-appreciation mortgage pilot with Guild Mortgage and Homium that is...
California Home Sales Edged Up During August

California Home Sales Edged Up During August

by Phil Hall | Sep 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California recorded a seasonally adjusted annualized rate of 264,240 closed escrow sales of existing, single-family detached homes in August, up 0.9% from 261,820 homes in July but down by a slight 0.2% from 264,640 homes in August 2024. According to the California...
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