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Florida Home Sales and Prices Down for July

Florida Home Sales and Prices Down for July

by Phil Hall | Aug 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 22,707 closed sales of existing single-family homes in July, down 2.8% year-over-year, while existing condo-townhouse sales totaled 7,381, down 11.8% from one year earlier. According to data from Florida Realtors, pending sales were down by 0.7% on...
Pennsylvania Housing Inventory Hits 3-Year High

Pennsylvania Housing Inventory Hits 3-Year High

by Phil Hall | Aug 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of Pennsylvania homes on the market reached a three-year high in July, with 42,270 seeking buyers, a 9.5% year-over-year spike. According to data from the Pennsylvania Association of Realtors (PAR), July’s listings were also up 1.5% from June. But despite...
Existing Home Sales Up 2%

Existing Home Sales Up 2%

by Phil Hall | Aug 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales during July recorded a 2% month-over-month upswing to a seasonally adjusted annual rate of 4.01 million, according to the National Association of Realtors (NAR). On a year-over-year measurement, sales were up by 0.8%. The sales increase was matched...
15% of Home Purchase Agreements Fell Through in July

15% of Home Purchase Agreements Fell Through in July

by Phil Hall | Aug 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Approximately 58,000 home purchase agreements were canceled in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin. The rate of cancelations accounted for 15.3% of homes that went under contract last month, up from 14.5% one year ago....
REMAX: Homes Sales Steady, But Taking Longer to Sell

REMAX: Homes Sales Steady, But Taking Longer to Sell

by Phil Hall | Aug 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

July home sales reversed a five-month growth trend with a slight 0.7% month-over-month decline, according to the latest REMAX National Housing Report. One year-over-year basis, sales were up 0.6%, although sales took longer to complete – an average of 44 days on the...
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