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Home Prices and Sales Up in Pennsylvania

Home Prices and Sales Up in Pennsylvania

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

The median home sales price in Pennsylvania hit $205,235 in February, up 3.7% from one year ago. According to the Pennsylvania Association of Realtors (PAR), February’s price is also up 3.5% from January 2024. February’s home sales totaled 6,934, up from January’s...
Existing Home Sales Up 9.5%

Existing Home Sales Up 9.5%

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

Existing home sales during February spiked by 9.5% from January to a seasonally adjusted annual rate of 4.38 million, according to new data from the National Association of Realtors (NAR). This represented the largest monthly increase since February 2023. However, on...
Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023

Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023

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

A total of 308,922 single-family homes and condos were flipped in the U.S. during 2023, according to data from ATTOM. This represented a 29.3% plummet from the 436,807 total in 2022, marking the greatest annual decline since 2008. Flips accounted for 8.1% of all 2023...
California Home Sales Up 12.8%

California Home Sales Up 12.8%

by Phil Hall | Mar 19, 2024 | 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 290,020 in February, according to new data from the California Association of Realtors (CAR). This represented a 12.8% increase from the...
RE/MAX: Home Sales Soar 17%

RE/MAX: Home Sales Soar 17%

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

Home sales in February recorded a 17% upswing from January and a 2.3% uptick from one year earlier, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). “The February jump in sales activity illustrates the strength of demand in...
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