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$110 Million Los Angeles Estate is May’s Most Expensive Home Sale

$110 Million Los Angeles Estate is May’s Most Expensive Home Sale

by Phil Hall | Jun 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 10 most expensive home sales during May were based entirely in Southern California, Florida and Manhattan, according to a new report from Redfin (NASDAQ: RDFN), with four of the homes selling for $55 million or more and all selling for more than $30 million. Last...
Illinois Home Sales Down as Prices Continue to Rise

Illinois Home Sales Down as Prices Continue to Rise

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Illinois recorded 12,674 single-family home and condominium sales during May, a 4.7% decline from the 13,300 residences sold one month earlier. According to data from Illinois Realtors, the decline in sales occurred despite the 6% year-over-year growth in the...
Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price

Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly 6% of homes are at risk of being sold for less than their purchase price, according to a new data report from Redfin (NASDAQ: RDFN) based on active listings on the MLS during May. Last year at this time, the share was at 4.4%. Redfin noted this situation varied...
Wisconsin Home Sales Down While Listings and Prices Rise

Wisconsin Home Sales Down While Listings and Prices Rise

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wisconsin recorded 6,607 home sales during May, a 2.1% drop from the 6,752 transactions recorded one year earlier. According to data from the Wisconsin Realtors Association (WRA), the decline in sales came as total statewide listings surged by 8.5% from 20,309 in May...
Florida Records Declines in Home Sales and Prices

Florida Records Declines in Home Sales and Prices

by Phil Hall | Jun 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 24,756 closed sales of existing single-family homes in May, down 5.7% year-over-year, while existing condo-townhouse sales totaled 8,345, down 19.9% over the same period. According to data from Florida Realtors, these declines occurred despite an...
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