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Hits and Misses for the Real Estate Week of July 15-19

Hits and Misses for the Real Estate Week of July 15-19

by Phil Hall | Jul 19, 2024 | Hits and Misses, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A presidential plea for rent control, California realtors under a Justice Department magnifying glass and an unlikely viral video hit. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 15-19. Miss: Biden’s Rent Control...
Active Listings in Texas Up 41% From Last Year

Active Listings in Texas Up 41% From Last Year

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuyers in the Lone Star State have a wider selection of properties to choose from, according to the latest quarterly data report from Texas Realtors. During the second quarter, active listings of Texas homes for sale reached 125,398, up by nearly 41% compared to...
Pennsylvania Home Prices Continue to Rise

Pennsylvania Home Prices Continue to Rise

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania’s median home sales price recorded a year-over-year uptick for the fifth consecutive month, according to data from the Pennsylvania Association of Realtors (PAR). Last month, the median home sales price increased to $312,000, up from $295,000 in...
Report: Realtors Complain of ‘Stagnated’ Market in Hometown of Trump Shooter

Report: Realtors Complain of ‘Stagnated’ Market in Hometown of Trump Shooter

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Realtors in the hometown of Thomas Matthew Crooks, the shooter who took aim at former President Donald Trump, are reporting a significant slowdown in residential property showings since last Saturday’s assassination attempt. TMZ spoke with multiple realtors...
MBA: Slower Pace on Applications for New Home Purchase Applications

MBA: Slower Pace on Applications for New Home Purchase Applications

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in June inched up 0.7% year-over-year but dropped by 16% month-over-month, according to new data from the Mortgage Bankers Association (MBA). MBA estimated new single-family home sales were running at a seasonally adjusted...
Apple Teams with Nonprofits on Fund to Create Bay Area Affordable Housing

Apple Teams with Nonprofits on Fund to Create Bay Area Affordable Housing

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apple Inc. (NASDAQ:AAPL) has partnered with three nonprofits – San Francisco Housing Accelerator Fund, Sobrato Philanthropies, and Destination: Home – to launch the new Bay Area Housing Innovation Fund with the goal of originating targeted loans to advance affordable...
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