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Mid-Atlantic Home Sales Slumped in February

Mid-Atlantic Home Sales Slumped in February

by Phil Hall | Mar 13, 2025 | Real Estate News, U.S. Housing Market, WRE News Exclusive

The Mid-Atlantic region recorded 12,763 closed home sales during February, according to data from Bright MLS. This is down 4.3% compared to the same time last year. There were 16,020 new pending sales in the region, down 9.1% from a year ago and the lowest February...
The Market with the Highest Potential SFR Returns Is…

The Market with the Highest Potential SFR Returns Is…

by Phil Hall | Mar 13, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New York metro area is home to highest potential returns on single-family rentals (SFR), according to a new data report from ATTOM. The report analyzed single-family rental returns in 361 counties with sufficient rental and home-price data. The analysis...
New Hampshire Home Sales Up Despite Decline in New Listings

New Hampshire Home Sales Up Despite Decline in New Listings

by Phil Hall | Mar 13, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New Hampshire recorded 612 closed home sales in February, up 5% from 583 one year ago, according to data from the New Hampshire Association of Realtors. Last month’s total of 721 pending sales was a 2% uptick from the 707 recorded in February 2024. The overall number...
Zillow: Climate Risks Threaten Trillions of Dollars in Real Estate

Zillow: Climate Risks Threaten Trillions of Dollars in Real Estate

by Phil Hall | Mar 12, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data analysis by Zillow (NASDAQ: Z, ZG) has determined the risks posed by flood, fire and extreme wind could cost the US house trillions of dollars in damage. Zillow stated that homes with major wind risk are worth at least $17 trillion in total, equivalent to...
Report: Typical Homeowner Stays in Residence for 11.8 Years

Report: Typical Homeowner Stays in Residence for 11.8 Years

by Phil Hall | Mar 12, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical American homeowner stays in their house for 11.8 years, according to a new data report published by Redfin (NASDAQ: RDFN). Among the major metro areas, Los Angeles led the nation with homeowners holding onto their houses the longest – a median tenure of...
Evergreen Home Loans Expands into New Mexico

Evergreen Home Loans Expands into New Mexico

by Phil Hall | Mar 12, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bellevue, Washington-based Evergreen Home Loans has expanded its operations into New Mexico. The company is opening new branches in Albuquerque and Carlsbad, under the leadership of Area Manager Barry Abt. Evergreen Home Loans operates in seven western states –...
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