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NYC Median Rent Up 5.4% from Last Year

NYC Median Rent Up 5.4% from Last Year

by Phil Hall | Oct 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking rent in New York City reached $3,599 during the third quarter, up 5.4% from one year ago, according to the latest NYC Rent Report from Realtor.com. The current median rent for the city’s residents is now 20.2% higher than it was prior to the...
Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern

Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern

by Phil Hall | Oct 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey of Gen Z Americans found one in five (16%) members of this youthful demographic declaring housing affordability to be one of their greatest concerns in life. The new Realtor.com survey, which polled 1,000 adults between the ages of 18-27, found 82% of...
Report: 1 in 3 Homes Bought in All-Cash Sales During First Half of 2025

Report: 1 in 3 Homes Bought in All-Cash Sales During First Half of 2025

by Phil Hall | Oct 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly one in three homes sold in the first half of this year were purchased in all-cash transactions, according to a new data report from Realtor.com. Nationwide, 32.8% of home sales in the first year’s first six months were all-cash transactions, down slightly from...
Report: One in Five Homes Had Price Reductions in September

Report: One in Five Homes Had Price Reductions in September

by Phil Hall | Oct 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly one in five homes carried a price reduction during September, according to new data from Realtor.com. Properties at the lower- and mid-tier and the South were the most likely to have lowered prices while luxury home prices remained steady. Homes priced between...
Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes

Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes

by Phil Hall | Sep 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homes that are listed as fixer-uppers receive 52% more page views per property than comparable older, affordable homes, according to a data analysis report by Realtor.com. The typical fixer-upper has three bedrooms, two bathrooms and was built in 1958. These homes had...
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