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Richmond American Homes to Open Arden at Bedford in Corona, California

Richmond American Homes to Open Arden at Bedford in Corona, California

by Phil Hall | Mar 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Richmond American Homes of Maryland Inc. announced the grand opening of Arden at Bedford, an addition to its Bedford masterplan in Corona, California. Arden at Bedford offers single- and two-story homes that are available in three floor plans that span 3- to...
Zillow: Late May is the Best Time to List a Home

Zillow: Late May is the Best Time to List a Home

by Phil Hall | Mar 5, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data analysis of 2024 home selling by Zillow (NASDAQ: Z, ZG) found that properties listed in the last two weeks of May sold for 1.6% more, a $5,600 boost on a typical home. Zillow attributed this bump to the traditional peak in search activity ahead of Memorial...
Home Selling Fintech Orchard Expands into Phoenix and Nashville Markets

Home Selling Fintech Orchard Expands into Phoenix and Nashville Markets

by Phil Hall | Feb 21, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Orchard, a New York City-headquartered fintech offering a home selling platform, has expanded into the Phoenix and Nashville markets. The company’s Move First program advances sellers them equity from their current home, allowing them to make a non-contingent offer,...
Buyers Willing to Pay Nearly 4% More for a Remodeled Home Rather Than a Fixer-Upper

Buyers Willing to Pay Nearly 4% More for a Remodeled Home Rather Than a Fixer-Upper

by Phil Hall | Feb 19, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Listing a home as a fixer-upper may not be a profitable idea anymore, as a new analysis by Zillow (NASDAQ: Z, ZG) found buyers were willing to pay 3.7% more than expected for a home that is already remodeled – which is an additional $13,194 on a typical home and is...
Home Selling Profits Down in 2024 Despite Price Gains

Home Selling Profits Down in 2024 Despite Price Gains

by Phil Hall | Jan 23, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sellers made a $122,500 profit on typical sales nationwide in 2024, generating a 53.8% return on investment, according to new data from ATTOM. However, the profit margin on median-priced sales nationwide was down from 56.9% in 2023, the second straight annual...
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