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Pennsylvania Home Sales Up Nearly 10%

Pennsylvania Home Sales Up Nearly 10%

by Phil Hall | Aug 22, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania home sales were on the upswing in July while home prices recorded a mild decline. According to new data from the Pennsylvania Association of Realtors (PAR), 11,575 homes were sold last month in the Keystone State, up 9.6% year-over-year. Buyers had a...
Wider Inventory Helps Boost Virginia Home Sales

Wider Inventory Helps Boost Virginia Home Sales

by Phil Hall | Aug 21, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An expanded housing inventory helped fuel an increase in home sales across Virginia in July, according to new data from Virginia Realtors. Last month saw the sale of 9,947 homes across the state, an influx of 962 sales from one year before that resulted in a 10.7%...
Alabama Records Sixth Straight Month of Rising Home Sales

Alabama Records Sixth Straight Month of Rising Home Sales

by Phil Hall | Aug 21, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alabama recorded its sixth consecutive month of rising home sales in July, according to the Alabama Association of Realtors (AAR). Last month, the state recorded 6,136 home sales, up 13.1% from June and up 0.9% increase from July 2023. This also marked the first month...
Fannie Mae: Home Sales to Stay Weak Deep Into 2025

Fannie Mae: Home Sales to Stay Weak Deep Into 2025

by Phil Hall | Aug 21, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Total home sales are expected to come in lower than previously expected through the rest of this year and will not pick up meaningfully until further into in 2025, according to a new forecast from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research Group. The...
California Home Sales at Five-Month High

California Home Sales at Five-Month High

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

Home sales in California totaled a seasonally adjusted annualized rate of 279,810 in July, a 3.6% increase from June and a 4.1% boost from one year ago, according to new data from the California Association of Realtors (CAR). July’s total marked a five-month high...
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