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DC-Area Real Estate Agents Report DOGE Impacts on Home Selling

DC-Area Real Estate Agents Report DOGE Impacts on Home Selling

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Elon Musk is no longer in Washington, DC, but the job-slashing impact of his Department of Government Efficiency (DOGE) has a lingering impact on the local housing market. A new data report from Bright MLS found over half (54%) of DC-area agents reported federal...
The Best- and Worst-Run Cities of 2025 Are…

The Best- and Worst-Run Cities of 2025 Are…

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number crunchers at WalletHub have published their 2025 version of the Best- and Worst-Run Cities in America, focusing on 148 of the nation’s largest municipalities. The rankings for this study were determined with a “Quality of Services” score made up of 36...
Illinois Home Sales Down as Prices Continue to Rise

Illinois Home Sales Down as Prices Continue to Rise

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Illinois recorded 12,674 single-family home and condominium sales during May, a 4.7% decline from the 13,300 residences sold one month earlier. According to data from Illinois Realtors, the decline in sales occurred despite the 6% year-over-year growth in the...
Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price

Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly 6% of homes are at risk of being sold for less than their purchase price, according to a new data report from Redfin (NASDAQ: RDFN) based on active listings on the MLS during May. Last year at this time, the share was at 4.4%. Redfin noted this situation varied...
Wisconsin Home Sales Down While Listings and Prices Rise

Wisconsin Home Sales Down While Listings and Prices Rise

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wisconsin recorded 6,607 home sales during May, a 2.1% drop from the 6,752 transactions recorded one year earlier. According to data from the Wisconsin Realtors Association (WRA), the decline in sales came as total statewide listings surged by 8.5% from 20,309 in May...
Case-Shiller Index Records 2.7% Annual Gain in April

Case-Shiller Index Records 2.7% Annual Gain in April

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 2.7% annual return in April, down from 3.4% the previous month. The 10-City Composite annual increase came in at 4.1%, down from 4.8% the previous month, while the 20-City Composite posted...
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