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Illinois Home Sales Down as Prices Continue to Rise

Illinois Home Sales Down as Prices Continue to Rise

by Phil Hall | Jun 24, 2025 | Current News & 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 | Current News & 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 | Current News & 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 | Current News & 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...
New York State Home Sales Down 11% Despite Increase in Listings

New York State Home Sales Down 11% Despite Increase in Listings

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

Closed home sales in New York State totaled 7,846 during May, a 10.9% decline from the 8,807 sales recorded in May 2024. According to data from the New York State Association of Realtors, pending sales dropped to 10,279 units last month from 10,421 homes one year...
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