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Virginia Home Sales Up 1.8%

Virginia Home Sales Up 1.8%

by Phil Hall | Feb 26, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 5,758 home sales were recorded last month in Virginia, a 1.8% uptick (104 more sales) from one year earlier. Virginia Realtors reports roughly half of the state’s cities and counties recorded year-over-year sales. January saw 9,431 new listings coming onto...
New Single-Family Home Sales Sank in January

New Single-Family Home Sales Sank in January

by Phil Hall | Feb 26, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses during January were at a seasonally adjusted annual rate of 657,000, according to estimates published by the US Census Bureau and the Department of Housing and Urban Development. January’s sales activity was 10.5% below the revised...
Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community

Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community

by Phil Hall | Feb 26, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Flournoy Development Group has announced the groundbreaking of District South, its newest luxury mixed-use community in Greenville, South Carolina. District South will be located on a 21-acre site and will feature 365 multifamily units, 90 for-rent townhomes, six...
Mortgage Application Activity Slows Down

Mortgage Application Activity Slows Down

by Phil Hall | Feb 26, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slipped during the week ending Feb. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.2% on a seasonally adjusted basis from...
Georgia Home Sales Up 2% from Last Year

Georgia Home Sales Up 2% from Last Year

by Phil Hall | Feb 26, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 7,158 home sales were transacted in Georgia during January, up 2% from one year earlier, while pending sales decreased 15% over the same period to 8,276 deals. According to data from the Georgia Association of Realtors, the state’s January inventory levels...
Neal Signature Homes Opens New Florida Community

Neal Signature Homes Opens New Florida Community

by Phil Hall | Feb 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Southwest Florida luxury home builder Neal Signature Homes announced the grand opening of Tideline, its 29-home community in West Bradenton, Florida. According to the company, Tideline offers four luxury semi-custom home floor plans, ranging in size from 2,562 to...
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