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Report: Nearly 15% of Home Sale Agreements Canceled in June

Report: Nearly 15% of Home Sale Agreements Canceled in June

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

Roughly 57,000 home sale agreements nationwide were canceled during June, which is equal to 14.9% of homes that went under contract last month. According to a new report from Redfin, June’s share of canceled sales was up by 13.9% from one year earlier and marked the...
Developer to Accept Cryptocurrency Purchases in Florida Community

Developer to Accept Cryptocurrency Purchases in Florida Community

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

The development company Pearl Homes has teamed with the crypto-to-real-estate platform RealOpen in offering potential buyers to ability purchase homes at the Hunters Point community in Cortez, Florida, by using cryptocurrency including Bitcoin (BTC), Ethereum (ETH),...
Ohio House Overides Gov. DeWine’s Vetoes on Property Tax Reforms

Ohio House Overides Gov. DeWine’s Vetoes on Property Tax Reforms

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

The Ohio House of Representatives voted to override three property tax reform vetoes enacted by Gov. Mike DeWine. The House returned from recess to vote 61-28 in a special session today. The Republican governor used a line-item veto to reject the measures in the...
Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low

Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low

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

Two new data reports are offering a rocky view of today’s home selling market. Zillow (NASDAQ: Z, ZG) reports 1.36 million homes were for sale in June, the most since November 2019, with 28 of the nation’s largest metros being defined as either balanced or in buyers’...
Hits and Misses for the Real Estate Week of July 14-18

Hits and Misses for the Real Estate Week of July 14-18

by Phil Hall | Jul 18, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A spike in foreclosure filings, Ohio’s dueling property tax relief efforts, and a congressman facing eviction. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 14-18. Miss: A Big Uh-Oh. A total of 187,659 residential...
RE/MAX: Home Sales Up for Fifth Straight Month

RE/MAX: Home Sales Up for Fifth Straight Month

by Phil Hall | Jul 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest housing data from RE/MAX (NYSE: RMAX) determined home sales during June were up across the 50 metro areas surveyed by the company. This marked the fifth consecutive month of increased sales. Last month’s sales activity was 1.3% higher compared to May and...
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