by Phil Hall | Jan 27, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive
New York State’s housing inventory dropped to a historic low while home sales and prices increased. According to date from the New York State Association of Realtors, housing inventory fell 2.6% year-over-year in December to 23,198, the lowest number of homes for sale...
by Phil Hall | Jan 27, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive
A Connecticut lawmaker is considering introducing legislation that would create a registry for many residential landlords and a temporary rent cap when multifamily properties change ownership. CTInsider.com reports State Rep. Antonio Felipe (D-Bridgeport), the...
by Phil Hall | Jan 24, 2025 | Hits and Misses, International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive
The unlikely blame for a mansion’s lack of buyers, AREA’s first local chapter and a grim forecast on Los Angeles’ housing market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 20-24. Miss: Ghosts on the Loose. Nicholas...
by Phil Hall | Jan 24, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive
Florida closed 2024 with 252,688 closed sales of existing single-family homes, down 1.9% compared to the 2023 year-end level, according to data from Florida Realtors. For existing condo-townhouses, a total of 94,380 units sold statewide last year, down 10.5% compared...
by Phil Hall | Jan 24, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive
Existing home sales ended 2024 in an upswing, according to data from the National Association of Realtors (NAR). Total existing home sales rose by 2.2% from November to a seasonally adjusted annual rate of 4.24 million in December. Year-over-year, sales were up 9.3%...
by Phil Hall | Jan 24, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive
California Attorney General Rob Bonta announced the first filing of charges against a real estate agent over alleged price gouging related to Los Angeles County’s Eaton Fire. According to a statement from Bonta’s office, a couple filed a complaint was filed with the...