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Pennsylvania Housing Inventory Hits 3-Year High

Pennsylvania Housing Inventory Hits 3-Year High

by Phil Hall | Aug 21, 2025 | Current News & 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 | Current News & 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 | Current News & 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 | Current News & 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...
The Best Housing Markets? Two New Data Reports Offer Different Opinions

The Best Housing Markets? Two New Data Reports Offer Different Opinions

by Phil Hall | Aug 20, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Question: What housing markets are currently considered to be the hottest? Answer: It depends which data report you consult. And a pair of newly Realtor.com published its list of Top Metros for New Construction, which involves an analysis of the 100 largest metros...
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