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Pennsylvania Home Sales Up 21%

Pennsylvania Home Sales Up 21%

by Phil Hall | Apr 22, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in Pennsylvania during March totaled 8,230 transactions, up 21% from 6,751 sales in February. According to data from the Pennsylvania Association of Realtors (PAR), the number of homes listed in March was 32,761, up nearly 10% from February. The median...
44.4% of Q1 Home Sales Included Seller Concessions

44.4% of Q1 Home Sales Included Seller Concessions

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

During the first quarter of this year, 44.4% of home sale transactions involved seller concessions to buyers, according to data from Redfin (NASDAQ:RDFN). That’s up from 39.3% in the first quarter of 2024 and shy of the 45.1% record set in the first quarter of 2023....
California Home Sales Softened During March

California Home Sales Softened During March

by Phil Hall | Apr 17, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California recorded a seasonally adjusted annualized rate of 277,030 closed escrow sales of existing single-family detached homes during March, down 2.3% from 283,540 sales in February but up 4.9% from 264,200 transactions in March 2024. According to data from the...
Report: Homes Are Taking Longer to Sell

Report: Homes Are Taking Longer to Sell

by Phil Hall | Apr 17, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical home that went under contract in March was on the market for 47 days, according to new data report from Redfin (NASDAQ: RDFN). This is the longest days on the market period for any March since 2019. Redfin noted that more than one-quarter (27%) of homes...
RE/MAX: Home Sales Up 23% in March

RE/MAX: Home Sales Up 23% in March

by Phil Hall | Apr 17, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in March surged by 23% from February, marking the largest month-over-month sales increase since 37.4% in March 2023, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). On a year-over-year measurement, sales were down 1.4%....
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