New Study: More Americans Favor Homebuying Over Renting for the First Time Since 2023

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

Most Americans believe it is better to buy a home than to live in rental housing, according to the latest Bank of America Homebuyer Insights Report. This marks the first time in three years that report respondents favored homeownership over renting. Sparks Research...

Alabama Home Sales Up Nearly 12% from One Year Ago

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

Alabama recorded 6,938 home sales in May, an increase of 11.7% from the 6,214 transactions recorded one year earlier. According to the Alabama Association of Realtors, the 21,241 active listings at the end of May mark an increase of 7.8% compared to 19,709 one year...

Supreme Court Offers Mixed Ruling in Michigan Equity Theft Case

by Phil Hall | Jun 23, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The US Supreme Court provided a partial victory to a Michigan family whose home was sold and seized at below market value to pay relatively small tax bill. According to combined media sources, Michael Pung and his family lost their home over a $2,242 tax debt....

Investor Activity in Home Purchasing Holds Steady

by Phil Hall | Jun 23, 2026 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Investors were responsible for 11.3% of all home purchases during 2025, up from 11.0% in 2024, according to new data from Realtor.com. Approximately 534,000 homes were purchased by investors in 2025, a 0.7% year-over-year increase. On the flip side, investors sold...

Ryan Serhant Expands Brokerage to Texas

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

Celebrity real estate executive Ryan Serhant has announced the expansion of his eponymous brokerage into Texas with simultaneous launches in Austin, Dallas, Houston, and San Antonio. Serhant, the star and executive producer of the Netflix series “Owning Manhattan,”...