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Maine Home Sales Amid Higher Prices and Lower Inventory

Maine Home Sales Amid Higher Prices and Lower Inventory

by Phil Hall | Sep 20, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in Maine were on the rise in August despite a limited inventory and higher prices. According to new data from the Maine Association of Realtors, the state recorded 1,535 home sales last month, up 1.66% from the 1,150 sales in August 2023. The median home...
Florida Home Sales and Prices in Decline

Florida Home Sales and Prices in Decline

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

Closed sales of existing single-family homes in Florida during August totaled 22,675, down 1.1% year-over-year, while existing condo-townhouse sales totaled 7,898, down 14.9% from one year ago, according to data from Florida Realtors. The statewide median sales price...
Homes Sales Up While Inventory Shrinks in New York State

Homes Sales Up While Inventory Shrinks in New York State

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

Home prices in New York continued to rise while the state’s housing inventory declined again, according to data from the New York State Association of Realtors. The median sales price of homes in New York rose from $410,000 in August 2023 to $444,713 last month. This...
Home Flipping Activity Down in Q2

Home Flipping Activity Down in Q2

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

A total of 79,540 single-family homes and condominiums were flipped in the second quarter, according to new data from ATTOM. This represented 7.5%, or one of every 13 home sales. The second quarter’s total is down by 8.7% in the first quarter and down by 7.9% in...

California Home Sales at 7-Month Low

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

California home sales hit a seven-month low in August, according to new data from the California Association of Realtors (CAR). Last month, the state recorded a seasonally adjusted annualized rate of 262,050 in closed escrow sales of existing, single-family detached...
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