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New Home Sales Down 0.6% in July

New Home Sales Down 0.6% in July

by Phil Hall | Aug 25, 2025 | 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 652,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development. This marked a 0.6% decline from the June’s...
Lennar Debuts New San Diego-Area Master-Planned Community

Lennar Debuts New San Diego-Area Master-Planned Community

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

The homebuilder Lennar Corp. (NYSE: LEN) has announced the grand opening of North River Farms, its new master-planned community of single-family homes in the San Diego suburb of Oceanside, California. According to the company, the new community encompasses five...
Hits and Misses for the Real Estate Week of Aug. 18-22

Hits and Misses for the Real Estate Week of Aug. 18-22

by Phil Hall | Aug 22, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cape Cod considers a mansion tax, Baltimore considers raising taxes on vacant lots, and a retail chain will not consider opening stores in California. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 18-22. Miss: Soaking...
Virginia Home Sales Up 2.4%

Virginia Home Sales Up 2.4%

by Phil Hall | Aug 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Virginia recorded 10,182 closed sales during July, which is 235 more than one year ago, a 2.4% uptick. According to Virginia Realtors, July, marked the second consecutive month of increased sales activity, although year-to-date sales totals are flat compared to one...
New York State Median Home Sale Price Breaks Record High

New York State Median Home Sale Price Breaks Record High

by Phil Hall | Aug 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York State set a record for median home sale prices in July, reaching $451,000 – a 4.9% hike from the $430,000 price set one year earlier. According to data from the New York State Association of Realtors, home prices have not experienced a year-over-year decline...
Florida Home Sales and Prices Down for July

Florida Home Sales and Prices Down for July

by Phil Hall | Aug 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 22,707 closed sales of existing single-family homes in July, down 2.8% year-over-year, while existing condo-townhouse sales totaled 7,381, down 11.8% from one year earlier. According to data from Florida Realtors, pending sales were down by 0.7% on...
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