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Data Reports Affirm Housing Supply Outpaces Demands

Data Reports Affirm Housing Supply Outpaces Demands

by Phil Hall | May 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing market’s supply-and-demand imbalance has tilted in favor of homebuyers, according to a pair of new data reports. Redfin (NASDAQ: RDFN) reports there is currently an estimated 1.9 million home sellers nationwide competing for an estimated 1.5 million...
Report: Texans Lead the Nation for Buying Newly Constructed Homes

Report: Texans Lead the Nation for Buying Newly Constructed Homes

by Phil Hall | May 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Texas homebuyers were twice as likely as buyers nationwide to purchase a newly constructed home instead of a pre-owned property, according to a data report from Texas Realtors. An analysis of Lone Star State real estate transactions between July 2023 and June 2024...
Listings Featuring Swimming Pools at an All-Time High

Listings Featuring Swimming Pools at an All-Time High

by Phil Hall | May 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Ahead of the Memorial Day weekend’s launch into the summer season, Realtor.com has released a new data analysis that determined the share of listings featuring swimming pools reached an all-time high this April. According to Realtor.com, the price premium for a home...
Report: Little Change in Real Estate Agent Commissions Since NAR Settlement

Report: Little Change in Real Estate Agent Commissions Since NAR Settlement

by Phil Hall | May 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average buyer’s agent commission was 2.40% for homes sold in the first quarter, according to a data report from Redfin (NASDAQ: RDFN), up from 2.37% in the fourth quarter of 2024 and from 2.36% in the third quarter of 2024 when the new National Association of...
Zillow: New Listings Are Outpacing Home Sales

Zillow: New Listings Are Outpacing Home Sales

by Phil Hall | May 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More properties are coming on the market than being sold, according to a new data report from Zillow (NASDAQ: Z, ZG). During April, Zillow found the quantity of new listings were up 9.8% from March and up 7.6% from one year earlier, outpacing sales nationwide. New...
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