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Foreign Interest in US Housing Continues to Rise, But Not Among Canadians

Foreign Interest in US Housing Continues to Rise, But Not Among Canadians

by Phil Hall | Jun 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

International home shoppers took a growing interest in US housing during the first quarter, although Canadian enthusiasm was down significantly. New data from Realtor.com found global inquiries made up a 1.9% share of US housing demand during the first quarter,...
Hits and Misses for the Real Estate Week of April 28-May 2

Hits and Misses for the Real Estate Week of April 28-May 2

by Phil Hall | May 2, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The too-high cost for homebuying, the effects of plumbing mishaps on household budgets, and an XL-sized lease in New York City’s office market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 28-May 2. Miss: A Dent to...
Report: Households Need to Earn $114,000 to Afford a Median-Priced Home

Report: Households Need to Earn $114,000 to Afford a Median-Priced Home

by Phil Hall | May 1, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

American households need to earn $114,000 annually to afford a median-priced home, according to new data report from Realtor.com. Since pre-pandemic 2019, the income required to afford the median-priced home has jumped 70.1% from $67,000. Five of the 10 markets with...
Report: South and Midwest Dominate in Homebuilding and Affordability

Report: South and Midwest Dominate in Homebuilding and Affordability

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

The mix of housing affordability and new construction is seriously out of balance, according to a new data report from Realtor.com. Only 18 states – primarily in the Midwest and South – have median homes that are affordable to their median earner based on the 30% of...
Realtor.com: Down Payment Levels Hit Record High in 2024

Realtor.com: Down Payment Levels Hit Record High in 2024

by Phil Hall | Mar 27, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical down payment during the fourth quarter of 2024 was $30,250, according to a new report from Realtor.com. The level was slightly below the third quarter’s level but roughly $3,000 higher than one year prior. “As inventory recovers, the housing...
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