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Sellers Reaped Smaller Profits and ROI for 2023 Home Sales

Sellers Reaped Smaller Profits and ROI for 2023 Home Sales

by Phil Hall | Jan 25, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sellers made a $121,000 profit and a 56.5% return on investment (ROI) for the typical sale in 2023, according to data from ATTOM. Last year’s figures were down from the $122,600 profit and 59.8% ROI recorded in 2022 – the first decline in either category since...
Florida’s Single-Family Home Sales Down 10.3% for 2023

Florida’s Single-Family Home Sales Down 10.3% for 2023

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

Florida’s housing market closed 2023 with 257,679 sales of existing single-family homes, down 10.3% from 2022, according to data from Florida Realtors. For existing condo-townhouses, a total of 105,411 units sold statewide in 2023, down 16% compared to 2022. For...
New York State Ends 2023 with Record-Low Home Inventory

New York State Ends 2023 with Record-Low Home Inventory

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

New York State’s housing market came to the end of 2023 with the lowest-ever recorded inventory of homes. The New York State Association of Realtors (NYSAR) reported an all-time low of 24,469 units in December, a 17.8% decline in the 29,768 homes available in December...

California’s Home Sales Remain Near 16-Year Low

by Phil Hall | Jan 18, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s home sales during December remained near the 16-year low reached in November while sales for the full-year 2023 experienced the steepest drop since 2007, according to data from the California Association of Realtors (CAR). Closed escrow sales of existing,...
Pennsylvania Home Sales Down 7.2% From Last Year

Pennsylvania Home Sales Down 7.2% From Last Year

by Phil Hall | Jan 18, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of home sales in Pennsylvania during December totaled 8,966, down from 9,130 in November and down 7.2% from 2022, according to new data from the Pennsylvania Association of Realtors (PAR), which also noted sales were down 25% compared to 2020. The Keystone...
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