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Alabama Home Sales Up for Fourth Consecutive Month

Alabama Home Sales Up for Fourth Consecutive Month

by Phil Hall | Jun 24, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alabama home sales were up for the fourth consecutive month in May, although they were still below the previous year’s level. According to data from the Alabama Association of Realtors, the state recorded 5,209 home sales last month, up by 45 transactions (0.9%) from...
New Listings and Median Home Prices Up in Florida, But Sales Are Down

New Listings and Median Home Prices Up in Florida, But Sales Are Down

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

Florida recorded 26,252 closed sales of existing single-family homes statewide in May, down by a slight 0.5% year-over-year, while existing condo-townhouse sales totaled 10,415, a more substantial year-over-year decline of 8.6%, according to data from Florida...
New York State Home Sales Continue to Decline

New York State Home Sales Continue to Decline

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

One month after New York State recorded a rare uptick in home sales, the market returned to its long-running decline in transactions. According to data from the New York State Association of Realtors, closed sales during May were down by 4.1%, from 8,826 homes in May...
California’s Median Home Price Sets New Record High

California’s Median Home Price Sets New Record High

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

The median home price in California reached a new record high of $908,040 in May, up by 0.4% from April and up by 8.7% one year ago, according to new data from the California Association of Realtors (CAR). This marked the second consecutive month where the median home...
Survey Finds High Housing Costs Eroding Americans’ Confidence in Economy

Survey Finds High Housing Costs Eroding Americans’ Confidence in Economy

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

A new national poll commissioned by Nationwide found more than three-quarters of respondents (78%) rating the economy as poor or fair, with half of the respondents citing high housing costs for their pessimism. Nearly two-thirds (64%) of the respondents in...
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