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Mauricio Umansky: ‘We’re Not Going to See Prices Go Down’

Mauricio Umansky: ‘We’re Not Going to See Prices Go Down’

by Phil Hall | Sep 5, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Maurico Umansky, the Los Angeles-based founder of the luxury brokerage The Agency and co-founder of the American Real Estate Association, has offered a pessimistic forecast on the cost of housing. In an interview with Fox Business News, Umansky predicted efforts by...
S&P CoreLogic Case-Shiller Index Hits All-Time High

S&P CoreLogic Case-Shiller Index Hits All-Time High

by Phil Hall | Aug 27, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The S&P CoreLogic Case-Shiller Indices reached a new all-time high, albeit with a decelerating trend, during June’s housing market. The S&P CoreLogic Case-Shiller US National Home Price NSA Index, covering all nine census divisions, reported a 5.4% annual gain...
New York State Home Sales Rise Despite Smaller Inventory

New York State Home Sales Rise Despite Smaller Inventory

by Phil Hall | Aug 22, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales across New York were up in July despite a decline in available inventory, according to new data from the New York State Association of Realtors. Last month saw a total of 9,923 closed home sales across the state, up 3.5% from 9,584 units. Pending sales took...
Pennsylvania Home Sales Up Nearly 10%

Pennsylvania Home Sales Up Nearly 10%

by Phil Hall | Aug 22, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania home sales were on the upswing in July while home prices recorded a mild decline. According to new data from the Pennsylvania Association of Realtors (PAR), 11,575 homes were sold last month in the Keystone State, up 9.6% year-over-year. Buyers had a...
Alabama Records Sixth Straight Month of Rising Home Sales

Alabama Records Sixth Straight Month of Rising Home Sales

by Phil Hall | Aug 21, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alabama recorded its sixth consecutive month of rising home sales in July, according to the Alabama Association of Realtors (AAR). Last month, the state recorded 6,136 home sales, up 13.1% from June and up 0.9% increase from July 2023. This also marked the first month...
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