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Existing Home Sales Up in November

Existing Home Sales Up in November

by Phil Hall | Dec 19, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales were on the rise in November, according to new data from the National Association of Realtors (NAR). Last month, total existing home sales were up 4.8% from October to a seasonally adjusted annual rate of 4.15 million in November. On a...
Florida Home Sales and Prices Decline

Florida Home Sales and Prices Decline

by Phil Hall | Dec 19, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed sales of existing single-family homes across Florida totaled 17,095 in November, down 3.5% year-over-year, while existing condo-townhouse sales in the Sunshine State totaled 6,002, down 15.6% year-over-year. According to data from Florida Realtors, the...
California Home Sales Record Largest Yearly Increase in Over Three Years

California Home Sales Record Largest Yearly Increase in Over Three Years

by Phil Hall | Dec 19, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

California home sales during November marked the largest yearly increase in existing home sales since June 2021, although the level was still below the pre-Covid levels. According to new data from the California Association of Realtors (CAR), closed escrow sales of...
RE/MAX: November Home Sales Up 6.3% Year-Over-Year

RE/MAX: November Home Sales Up 6.3% Year-Over-Year

by Phil Hall | Dec 17, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

November home sales were up 6.3% year-over-year, according to new data from RE/MAX LLC, a division of RE/MAX Holdings Inc. (NYSE: RMAX). November marked the seventh time during 2024 that a month’s home sales topped its 2023 counterpart. However, on a month-over-month...
NAR Names the 10 Top Housing Hot Spots for 2025

NAR Names the 10 Top Housing Hot Spots for 2025

by Phil Hall | Dec 13, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) announced its picks for the 10 Top Housing Hot Spots 2025. This year’s list was compiled based on 10 factors: 1) Share of locked-in homeowners; 2) Average mortgage rate; 3) Job growth; 4) Share of millennial renters who can...
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