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California Home Sales at Lowest Level for the Year

California Home Sales at Lowest Level for the Year

by Phil Hall | Oct 18, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing single-family home sales in California totaled 253,010 in September on a seasonally adjusted annualized rate, down 3.4% from 262,050 in August. According to the California Association of Realtors (CAR), this marked the lowest level of sales in nine months. On...
Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’

Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’

by Phil Hall | Oct 16, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

Priscilla Almodovar, the CEO of Fannie Mae (OTC: FNMA) has looked at the housing market and said she never saw anything like it. In an interview with MarketWatch, pointed to home prices that are still at historic highs. “It’s a highly unaffordable market right now,”...
RE/MAX: Housing Inventory Up for 7th Straight Month

RE/MAX: Housing Inventory Up for 7th Straight Month

by Phil Hall | Oct 15, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of homes for sale climbed for the seventh consecutive month, according to the latest national housing report from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). The new data from the 52 metro areas surveyed by RE/MAX found housing inventory...
Indiana Home Sales Up in September

Indiana Home Sales Up in September

by Phil Hall | Oct 11, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Lower mortgage rates, slowing price growth and rising inventory combined to bring new buyers to the Hoosier State’s housing market in September, according to the latest data from the Indiana Association of Realtors (IAR). Closed sales totaled 6,705 last month, up 1%...
Kansas Home Sales and Prices Forecast to Rise in 2025

Kansas Home Sales and Prices Forecast to Rise in 2025

by Phil Hall | Oct 4, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kansas home sales and home prices will be on the rise next year, according to the 2025 Kansas Housing Markets Forecast series published by the Wichita State University Center for Real Estate. The new forecast reported that home sales activity across Kansas stabilized...
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