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What’s Driving Today’s Homebuyers: Price or Location?

What’s Driving Today’s Homebuyers: Price or Location?

by Phil Hall | Mar 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Today’s homebuyers place more emphasis on the property’s price rather than its location, according to a new survey released by Coldwell Banker Real Estate, an Anywhere (NYSE: HOUS) brand. In a nationwide poll of 4,213 Americans, 56% of respondents cited price as being...
Zillow to Provide Multifamily Rental Listings on Realtor.com

Zillow to Provide Multifamily Rental Listings on Realtor.com

by Phil Hall | Mar 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Realtor.com and Zillow (NASDAQ:Z, ZG) have announced a new agreement for Zillow to be the exclusive provider of multifamily rental listings on Realtor.com. According to the companies, multifamily rental listings with 25 or more units advertised on Zillow will also be...
Mortgage Applications Up 9.7%

Mortgage Applications Up 9.7%

by Phil Hall | Mar 6, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An increasing volume of Americans were filling out mortgage applications last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 9.7% on a seasonally...
Realtor.com: More Affordable Homes Available in February

Realtor.com: More Affordable Homes Available in February

by Phil Hall | Mar 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Affordable homeownership opportunities in February were more abundant compared to one year earlier, according to Realtor.com’s housing report for February. Last month, homes in the $200,000 to $350,000 price range grew by 20.6% compared to February 2023,...
Redfin: Black Millennials Half as Likely to Own Homes as Whites

Redfin: Black Millennials Half as Likely to Own Homes as Whites

by Phil Hall | Mar 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

One-third (33%) of Black millennials own their home, compared to two-thirds (65%) of White millennials, according to a new data analysis by Redfin (NASDAQ:RDFN). This represents the largest disparity gap in homeownership among any generation. Redfin determined that...
A Phil Hall Op-Ed: Is Climate Change to Blame for Florida’s Expensive Property Insurance?

A Phil Hall Op-Ed: Is Climate Change to Blame for Florida’s Expensive Property Insurance?

by Phil Hall | Mar 4, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: This past weekend, I saw an interview in DailyMail.com with the media-prominent financial advisor Suze Orman regarding property insurance premiums. Orman complained about the $28,000 quote that her insurer gave on her 2,100-square-foot oceanfront...
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