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New York State Home Sales Down 18.8% From Last Year

New York State Home Sales Down 18.8% From Last Year

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

Closed home sales across New York took an 18.8% year-over-year tumble last month, according to data from the New York State Association of Realtors (NYSAR). The 13,922 in sales during August 2022 far outpaced the 11,310 recorded last month. New listings were also down...
Existing Home Sales Drop While Prices Keep Rising

Existing Home Sales Drop While Prices Keep Rising

by Phil Hall | Sep 21, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales in August were down 0.7% from July to a seasonally adjusted annual rate of 4.04 million, according to data from the National Association of Realtors (NAR). Year-over-year, sales dropped by 15.3% from the 4.77 million recorded in August 2022. While...
RE/MAX: August Home Sales Up 7.4% From July

RE/MAX: August Home Sales Up 7.4% From July

by Phil Hall | Sep 20, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

August’s home sales were up 7.4% from July but were down 13.1% from August 2022, according to new data from RE/MAX (NASDAQ:RMAX). Of the 50 metro areas surveyed by RE/MAX, only two markets recorded a year-over-year sales increase: Bozeman, Montana, at 12% and Dover,...
1 in 8 San Francisco Homeowners Lose Money in Sale

1 in 8 San Francisco Homeowners Lose Money in Sale

by Phil Hall | Sep 11, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A home seller in San Francisco is four times more likely to take a loss on their transaction compared to the average U.S. home seller, according to new data from Redfin (NASDAQ:RDFN) that determined the typical Bay Area seller sells their home for $100,000 less than...
Home Buyers of America Expands into Connecticut

Home Buyers of America Expands into Connecticut

by Phil Hall | Sep 6, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

House Buyers of America, a high-tech platform that buys homes for cash without charging commissions or fees, has expanded its operations into Connecticut. “The Connecticut expansion was the next natural direction in our growth trajectory,” said Nick Ron, CEO of House...
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