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Report: Affordable Homeownership Remained Elusive in Q3

Report: Affordable Homeownership Remained Elusive in Q3

by Phil Hall | Sep 26, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median-priced single-family homes and condos remained less affordable during the third quarter compared to historical averages in 99% of counties around the nation, according to a new data report from ATTOM. The national median price for single-family homes and condos...
Report: Homebuying Became More Affordable for the First Time Since 2020

Report: Homebuying Became More Affordable for the First Time Since 2020

by Phil Hall | Sep 24, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from Redfin (NASDAQ: RDFN) has determined homebuyers need an annual income of $115,454 to afford a $433,101 median priced home – a 1.4% decline from one year earlier and the first annual decline since June 2020, when mortgage rates were at a record...
Harris Launches Ad Campaign Touting Her Pledge to Build 3 Million New Homes

Harris Launches Ad Campaign Touting Her Pledge to Build 3 Million New Homes

by Phil Hall | Aug 30, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Vice President Kamala Harris has begun an advertising campaign to highlight her pledge to build 3 million new homes over four years if she is elected president. The Associated Press reported the Democratic presidential nominee’s campaign is now airing a minute-long...
Survey: One in Five Buyers Willing to Sacrifice Safety for Affordable Home

Survey: One in Five Buyers Willing to Sacrifice Safety for Affordable Home

by Phil Hall | Aug 5, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly one in every five (17.3%) house hunters are willing to sacrifice their physical safety to find a home they can afford within the next year, according to a new survey of 3,000 homeowners and renters from Redfin (NASDAQ:RDFN). Among age demographics, nearly one...
The Urgent Need to Deregulate Housing: John G. Stevens’ Perspective

The Urgent Need to Deregulate Housing: John G. Stevens’ Perspective

by John G. Stevens | Aug 2, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

In a recent article on WRE News titled “Renter Population is Growing 3X Faster Than Homeowner Population,” I was drawn in by the alarming data. The number of US renter households in the second quarter grew by 1.9% year-over-year, according to a new data...
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