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Report: List Prices Posted Steep Drop in May as New Listings Hit 4-Year High

Report: List Prices Posted Steep Drop in May as New Listings Hit 4-Year High

by Phil Hall | Jun 3, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median list prices fell 2.4% year-over-year during May, according to a new report from Realtor.com. This marked the steepest decline in data recorded by Realtor.com since 2017. The national median list price was $429,500 in May, up 1.1% from April but down 2.4% from...
Report: Renting a Home Is More Affordable Than Homeownership in All 50 Major Metros

Report: Renting a Home Is More Affordable Than Homeownership in All 50 Major Metros

by Phil Hall | Apr 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Renting a starter home remains a more affordable option the homeownership in all 50 of the nation’s largest metros, with an average monthly savings of $920 compared to buying. According to a data report from Realtor.com, the national median asking rent in March was...
Report: Housing Supply Gap Grew to 4.03 Million Homes in 2025

Report: Housing Supply Gap Grew to 4.03 Million Homes in 2025

by Phil Hall | Mar 3, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing supply gap reached an estimated 4.03 million homes in 2025, increasing from 3.8 million in 2024, according to a new data report from Realtor.com. Last year saw the formation of approximately 1.41 million households, compared with 1.36 million housing...
Report: Renting a Home Is More Affordable Than Homeownership in All 50 Major Metros

Report: Rental Housing Market Now Considered ‘Renter-Friendly’

by Phil Hall | Feb 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average rental vacancy rate across the nation’s 50 largest metros climbed to 7.6% in 2025, up from 7.2% in 2024, according to a new data report from Realtor.com. As a result, 44 out of the 50 largest metros can now be considered as “either renter-friendly”...
Mortgages Above 6% Now Exceed Share of Mortgages Below 3%

Mortgages Above 6% Now Exceed Share of Mortgages Below 3%

by Phil Hall | Jan 14, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The share of homeowners carrying mortgage rates above 6% has surpassed the share of those holding mortgages with rates below 3%, according to a new data report from Realtor.com. Mortgage rates have been above 6% since September 2022 and peaked at 7.04% in January...
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