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Report: 1 in 3 Adults Under 35 Still Lives with Their Parents

Report: 1 in 3 Adults Under 35 Still Lives with Their Parents

by Phil Hall | Jun 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A record 25.2 million adults under 35 lived with their parents in 2025, according to data from Realtor.com. The 33.0% co-residence rate among adults under 35 in 2025 is slightly below the 2020 all-time high of 33.6%. Among those aged 25 to 34 who have yet to move out,...
Home Flipping Activity and Returns Up During Q1

Home Flipping Activity and Returns Up During Q1

by Phil Hall | Jun 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 64,348 single-family homes and condominiums were flipped during the first quarter, accounting for 8% of home sales for that period. According to data from ATTOM, the first quarter flipping rated was up from 7.2% in the previous quarter but down from 8.2% at...
President Trump’s Former Connecticut Mansion to be Demolished and Replaced

President Trump’s Former Connecticut Mansion to be Demolished and Replaced

by Phil Hall | Jun 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The former Connecticut estate of President Trump is undergoing significant upgrades, including the demolition of its mansion in favor of a new residence. The 19,773-square-foot waterfront residence in the affluent New York City suburb of Greenwich was built in 1939...
New Home Purchase Activity Slowed in May

New Home Purchase Activity Slowed in May

by Phil Hall | Jun 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in May were down by 3% from the prior month, but they were also up by 3.8% from one year earlier. According to the Mortgage Bankers Association, new single-family home sales were at a seasonally adjusted annual rate of...
California’s Median Home Price Breaks New Record

California’s Median Home Price Breaks New Record

by Phil Hall | Jun 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California recorded 268,810 home sales in May, a 5.1% year-over-year surge for the strongest annual gain in eight months, according to data collected by the California Association of Realtors (CAR). On a month-over-month basis, home sales dipped 3.1% from...
REMAX:  Home Sales Up for Fourth Straight Month

REMAX: Home Sales Up for Fourth Straight Month

by Phil Hall | Jun 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales during May were up for the fourth consecutive month in May with a 7.9% increase from April. However, the latest REMAX National Housing Report also noted that sales dipped 0.5% from one year earlier. Across the 51 metro areas surveyed for the report, overall...
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