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Yearlong Listing for Frank Lloyd Wright House in Michigan Finally Sells After $1 Million Price Cut

Yearlong Listing for Frank Lloyd Wright House in Michigan Finally Sells After $1 Million Price Cut

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

A Frank Lloyd Wright-designed residence in Kalamazoo, Michigan, was sold after nearly one year and a $1 million cut to its listing price. Realtor.com reports the Usonian-style property known as the Robert D. and Winifred L. Winn House was first listed in June 2024 for...
Report: Typical Home Sold in 2024 Was 36 Years Old

Report: Typical Home Sold in 2024 Was 36 Years Old

by Phil Hall | May 12, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical home sold during 2024 was 36 years old, according to a new report from Redfin (NASDAQ: RDFN). This marked a new record for the average age of sold homes, and it was also nine years older than the median age of homes purchased in 2012. Condominiums being...
Pope Leo XIV’s Chicago-Area Childhood Home Listed for $199,000

Pope Leo XIV’s Chicago-Area Childhood Home Listed for $199,000

by Phil Hall | May 9, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

While Pope Leo XIV prepares to move into the papal residence, the Chicago-area property that was the childhood home is on the market for $199,900. Homes.com reports the former Cardinal Robert Prevost grew up in a 1,200-square-foot brick home in Dolton, Illinois,...
The Best Months for Selling a Home Are…

The Best Months for Selling a Home Are…

by Phil Hall | Apr 30, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

When it comes to being in the right place at the right time, home sellers may wish to consider a new data analysis by ATTOM that found the months of May, February and April offer the highest seller premiums. In a number-crunch of more than 47 million single-family...
Report: Typical Home Seller Wants 9% More Than the Typical Buyer Is Willing to Pay

Report: Typical Home Seller Wants 9% More Than the Typical Buyer Is Willing to Pay

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

The typical home for sale is listed for 9% more (or $38,672) than the typical home is selling for, according to a data report from Redfin (NASDAQ: RDFN), which noted this was biggest gap between asking and sales prices since May 2020. During March, Redfin determined...
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