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Data Study Finds Trump Has Not Disrupted DC-Area Housing Market

Data Study Finds Trump Has Not Disrupted DC-Area Housing Market

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

While the Trump administration has focused on severely reducing the federal workforce, a new analysis from Homes.com of the Washington, DC area has not found any great change in housing activity since Donald Trump returned to the White House. In studying the quantity...
Existing Home Sales Down by Nearly 5%

Existing Home Sales Down by Nearly 5%

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

Existing home sales sank in January by 4.9% from December to a seasonally adjusted annual rate of 4.08 million, according to data from the National Association of Realtors (NAR). On a year-over-year measurement, sales inched up by 2.0% from 4 million in January 2024....
Report: 2024 Housing Market Gained $2.5 Trillion in Value

Report: 2024 Housing Market Gained $2.5 Trillion in Value

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

The US housing market gained $2.5 trillion in value in 2024 to reach $49.7 trillion, according to a new data report from Redfin (NASDAQ: RDFN). But while the total value of the housing market grew 5.2% year-over-year, this represented the slowest growth in a calendar...
RE/MAX: New Listings and Inventory Up in January

RE/MAX: New Listings and Inventory Up in January

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

January saw a month-over-month spike in new listings, up 53.7% over December, although on a year-over-year measurement the level was down by a scant 0.1%, according to the latest national housing report from RE/MAX Holdings (NYSE: RMAX). Inventory last month was up 5%...
California Home Sales Slumped in January

California Home Sales Slumped in January

by Phil Hall | Feb 19, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 254,110 in January, the lowest level in 13 months. According to data from the California Association of Realtors (CAR), last month’s total was...
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