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Report: Typical Homebuyer Pays Roughly 2% Less Than the List Price

Report: Typical Homebuyer Pays Roughly 2% Less Than the List Price

by Phil Hall | Feb 12, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average home listing is now selling for 1.8% its asking price, the biggest discount in nearly two years, according to a new data report from Redfin (NASDAQ: RDFN). Adding insult to injury, the typical home that sells takes 56 days to go under contract, the longest...
Home Sales and Listings Up in Southern Nevada

Home Sales and Listings Up in Southern Nevada

by Phil Hall | Nov 6, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Southern Nevada housing market recorded growing levels of home sales and new listings during October, according to data from Las Vegas Realtors. A total of 2,458 existing homes, condos and townhomes were sold in October, up 12.9% year-over-year for homes and up...
More Listings, Higher Prices in Florida’s Housing Market

More Listings, Higher Prices in Florida’s Housing Market

by Phil Hall | Mar 25, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida’s housing market recorded an increase in listings and higher median prices during February, according to new data from Florida Realtors. Closed sales of single-family homes statewide last month totaled 19,040, up 2.2% from one year earlier, while existing...
Getting Homeowners to List and Sell

Getting Homeowners to List and Sell

by Dan Mugge | Sep 25, 2023 | Guest Opinion, Real Estate Agent Tools, WRE News Exclusive

Here is how to entice home sellers back into the market. By Dan Mugge Thirty-seven percent of existing homeowners say they want to move but are staying in their current home because of the risks and hassles that come with buying and selling simultaneously.  Real...
Suzanne Somers’ Former Palm Springs Estate Listed for $12.9 Million

Suzanne Somers’ Former Palm Springs Estate Listed for $12.9 Million

by Phil Hall | May 30, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Palm Springs, California-based property that was once the home of “Three’s Company” star Suzanne Somers has been listed for sale at $12.9 million. The 28-acre property includes five buildings encompassing a total of 7,280 square feet and is located along a craggy...
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