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Second Texas Lawsuit Filed Over Broker Commissions

Second Texas Lawsuit Filed Over Broker Commissions

by Phil Hall | Dec 26, 2023 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

For the second time in a month, a lawsuit has been filed in Texas claiming the state’s real estate industry is engaged in a “conspiracy” related to broker commissions. The new putative class action lawsuit – Martin, et al., v. Texas Association of Realtors, Inc., et...
New York State’s Inventory of Homes for Sale at Record Low

New York State’s Inventory of Homes for Sale at Record Low

by Phil Hall | Dec 22, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuyers looking for property in the Empire State found themselves facing a historic residential drought last month, according to data from the New York State Association of Realtors (NYSAR). The state’s inventory of homes for sale plummeted to an all-time low of...
Pennsylvania Home Prices Inch Up While Sales and Inventory Decline

Pennsylvania Home Prices Inch Up While Sales and Inventory Decline

by Phil Hall | Dec 22, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median sales price of homes in Pennsylvania inched up slightly last month amid continued shrinkage in available properties, according to data from the Pennsylvania Association of Realtors (PAR). Last month, the median sales price in the Keystone State was...
Fannie Mae Forecasts Home Sales and Mortgage Origination Recovery in 2024

Fannie Mae Forecasts Home Sales and Mortgage Origination Recovery in 2024

by Phil Hall | Dec 19, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family home sales likely bottomed out during the fourth quarter this year and are expected to begin a slow but meaningful recovery in 2024, according to the latest commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR...
Survey: Most Americans Think a Housing Crash Could Happen Next Year

Survey: Most Americans Think a Housing Crash Could Happen Next Year

by Phil Hall | Nov 28, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A majority of Americans believe that a housing market crash could happen in 2024, and more than one-third of them want it to happen. According to a survey of 2,000 American adults by LendingTree (NASDAQ:TREE), 44% of respondents think the housing market is at risk of...
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