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Illinois Home Sales Up 3.1%

Illinois Home Sales Up 3.1%

by Phil Hall | Apr 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 10,075 homes were sold in Illinois during March, which represents a 3.1% uptick from the 9,774 sold one year earlier. According to data from Illinois Realtors, the 17,099 homes available for sale statewide last month were 7.7% less than the 18,526 homes...
Home Sales Profits Down During Q1

Home Sales Profits Down During Q1

by Phil Hall | Apr 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners made a 44.1% profit on typical single-family home and condo sales during the first quarter of this year, according to data from ATTOM. That was down from 47.2% in the previous quarter and from 50.2% the first quarter of 2025. The profit margin percentage is...
HUD and FHFA Update Credit Scoring Models

HUD and FHFA Update Credit Scoring Models

by Phil Hall | Apr 22, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) have announced the first major update to their respective credit scoring models in decades. HUD is now enabling the Federal Housing Administration (FHA) to use of...
New Study Finds Hawaii Residents Spend the Highest Percentage of Income on Housing

New Study Finds Hawaii Residents Spend the Highest Percentage of Income on Housing

by Phil Hall | Apr 22, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number crunchers at WalletHub are back with a new data report: “States Where People Spend the Most & Least on Housing.” Studying the costs of rent, mortgage and home energy across the 50 states and then comparing the data with each state’s median household...
New York State Home Sales Slowed While Prices Increased

New York State Home Sales Slowed While Prices Increased

by Phil Hall | Apr 22, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York State recorded 6,574 closed home sales in March, a 5.7% decline from the 9,971 transactions from one year earlier. According to data from the New York State Association of Realtors, pending home sales were down 3.3% from 8,574 homes under contract in March...
Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March

Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March

by Phil Hall | Apr 22, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly 53,000 U.S. home-sale agreements fell through in March, equal to 13.4% of homes that went under contract that month. This share is up from 12.5% a year earlier and tied with 2023 as the highest March share on record, aside from the pandemic panic of 2020....
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