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S&P CoreLogic Case-Shiller Index Hits All-Time High

S&P CoreLogic Case-Shiller Index Hits All-Time High

by Phil Hall | Aug 27, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The S&P CoreLogic Case-Shiller Indices reached a new all-time high, albeit with a decelerating trend, during June’s housing market. The S&P CoreLogic Case-Shiller US National Home Price NSA Index, covering all nine census divisions, reported a 5.4% annual gain...
Lennar Opens New Master-Planned Community in Texas

Lennar Opens New Master-Planned Community in Texas

by Phil Hall | Aug 27, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Lennar (NYSE:LEN) announced the opening of Foree Ranch, a new master-planned community located in Providence Village, Texas. Foree Ranch offers 1,450 homesites that can accommodate four of Lennar’s single-family home collections ranging in size from...
California Poised to Open Mortgage Assistance Program to Illegal Immigrants

California Poised to Open Mortgage Assistance Program to Illegal Immigrants

by Phil Hall | Aug 26, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California is poised to make history for offering state-financed mortgage assistance to illegal immigrants. According to combined media reports, the proposed legislation AB 1840 would require the California Dream for All Shared Appreciation Loans program to overlook...
Hits and Misses for the Real Estate Week of Aug. 19-23

Hits and Misses for the Real Estate Week of Aug. 19-23

by Phil Hall | Aug 23, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new NAR leader, a jaw-dropping data revision and more Britons buying homes. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Aug. 19-23. Miss: Wright or Wrong, Part 1. Nine months after the National Association of Realtors...
Maine Home Sales Rise by Nearly 11%

Maine Home Sales Rise by Nearly 11%

by Phil Hall | Aug 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1,482 home sales were recorded in Maine during July, up by 10.93% from one year earlier, according to data from the Maine Association of Realtors. The $399,250 median sales price in July was a 5.07% uptick from the $380,000 in July 2023. Paul McKee, the...
New Home Sales Up, But Questions on Federal Data Arise

New Home Sales Up, But Questions on Federal Data Arise

by Phil Hall | Aug 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in July were at a seasonally adjusted annual rate of 739,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. This marked a 10.6% spike from the revised June rate of...
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