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Boston’s Median Sales Price on Single-Family Homes at Record-Breaking $950K

Boston’s Median Sales Price on Single-Family Homes at Record-Breaking $950K

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

The monthly median selling price for single-family homes in the Boston area reached a record high in April of $950,000, according to data from the Greater Boston Association of Realtors (GBAR). This represented a 16.2% year-over-year spike from the median of $817,250...
Alabama Home Sales and Prices in Decline

Alabama Home Sales and Prices in Decline

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

Home sales and prices in Alabama were in decline during April, according to new data from the Alabama Association of Realtors. Last month, a total of 5,164 home sales were recorded in April, down 29.9% from the previous year but also up 3.8% from the previous month....
New Record High for Pennsylvania’s Median Home Sales Price

New Record High for Pennsylvania’s Median Home Sales Price

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

Pennsylvania’s median home sales price broke a new record in April at $280,000, up nearly 25% from March and up 7.6% from one year earlier, according to data from the Pennsylvania Association of Realtors (PAR). As prices soared so did sales. Last month, Pennsylvania’s...
RE/MAX: Spike in New Listings Drive Up April Home Sales

RE/MAX: Spike in New Listings Drive Up April Home Sales

by Phil Hall | May 16, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales during April were up 11.2% from March and up 9% from one year earlier, according to new data from RE/MAX (NYSE:RMAX). The new data reverses the trend of the last two years when April recorded year-over-year sales declines – an 11.2% drop in 2022 and a 29.5%...
Real Estate Investors Snagged 19% of Q1 Home Sales

Real Estate Investors Snagged 19% of Q1 Home Sales

by Phil Hall | May 15, 2024 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investors purchased approximately 44,000 homes during the first quarter, up 0.5% from one year ago, according to new data from Redfin (NASDAQ: RDFN). And while the uptick is relatively mild, it marks the first increase since the second quarter of 2022....
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