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Zillow’s Prediction for the Hottest Major Housing Market Is…

Zillow’s Prediction for the Hottest Major Housing Market Is…

by Phil Hall | Jan 7, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuyers in search of a hot housing market are being advised to shuffle off to Buffalo – Zillow (NASDAQ: Z, ZG) has named the upstate New York city as its hottest major housing market for 2025. This is the second straight year that Zillow has praised Buffalo’s...
Survey: One-Third of Homeowners Insist They Will Never Sell Their Home

Survey: One-Third of Homeowners Insist They Will Never Sell Their Home

by Phil Hall | Jan 7, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey from Redfin (NASDAQ: RDFN) has determined that roughly one-third (34%) of homeowners claim they will never sell their home, while another 27% say they wouldn’t consider selling for at least 10 years. A recent Redfin analysis found that just 25 of every...
Fannie Mae’s Home Purchase Sentiment Index Closed 2024 in Decline

Fannie Mae’s Home Purchase Sentiment Index Closed 2024 in Decline

by Phil Hall | Jan 7, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI) ended 2024 in decline, with a 1.9-point drop in December to 73.1. However, the HPSI is up 5.9 points compared to this time last year. The new HPSI survey found the percentage of respondents who say it...
Redfin: Housing Affordability Improved Slightly in 2024

Redfin: Housing Affordability Improved Slightly in 2024

by Phil Hall | Jan 6, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from Redfin (NASDAQ: RDFN) has determined housing affordability did not worsen in 2024, which marked the first time in four years that homebuyers enjoyed a slight break from accelerating prices. Redfin stated a household making the $83,782 median...
A Phil Hall Op-Ed: Five Questions for the Trump Team

A Phil Hall Op-Ed: Five Questions for the Trump Team

by Phil Hall | Jan 6, 2025 | A Phil Hall Op-Ed, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Two weeks from today, Donald Trump will return to the White House. During last year’s presidential campaign, Trump offered next to nothing – okay, he offered nothing – regarding how he would address some of the major issues impacting housing policy....
Texas Ranch Owned by Same Family for 145 Years Listed for $21 Million

Texas Ranch Owned by Same Family for 145 Years Listed for $21 Million

by Phil Hall | Jan 6, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A 5,900-acre Texas ranch that has been owned by the same family for 145 years is being listed for $21 million. San Angelo Live reports the Padgitt Ranch in Coleman County was once the largest fenced ranch in Texas. It was founded in the 1870s by cattleman William Day...
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